“Senior Living Providers Net At Least $252 Million in Small PPP Loans,” by Tim Regan, Senior Housing News Quote: “All told, the more than 4,500 loans helped senior living providers cover the payroll expenses of more than 50,000 employees, according to the data. Senior living was among several long-term care industries that received funds through the loan program. For comparison, home-based care agencies got more than $666 million in small PPP loans, while skilled nursing operators and associated providers received about $165 million. … Recipients of these relatively smaller PPP loans are thought to be generally safe from audits, as both the Treasury
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“Older adults excluded, underrepresented in clinical trials for COVID-19,” by Emma Stefanutti, The Stanford Daily Quote: “Older adults are routinely excluded from participating in COVID-19 clinical trials, according to a preliminary study at Harvard Medical School. The Daily interviewed Marina Martin, an assistant professor and section chief of Geriatric Medicine at Stanford Medicine, to learn about the implications of elderly underrepresentation in clinical trials, particularly for a virus that sees 8 of 10 deaths occurring in adults over the ages of 65. … Martin noted that elderly underrepresentation in trials may lead to inaccurate data and additionally worsen crisis conditions for older adults,
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“Take the insurance coverage and risk COVID-19?,” by Amy Novotney, McKnight’s Senior Living Quote: “The pandemic is forcing many older Americans to make a choice between abandoning the long-term care benefits they’ve paid for over the years or face increased risk of contracting COVID-19. According to an analysis in Bloomberg Tuesday, Credit Suisse in June predicted more lapsed long-term care insurance policies and fewer claims as a result of concerns that moving into a nursing home or bringing a caregiver into one’s home could increase policyholders’ potential virus exposure.”   LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
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  “Why Nursing Homes Are Pandemic Hotbeds (Guest: Stephen Moses),” by AnneMarie Schieber, Heartland Podcast   Quote: “Rich or poor, nearly 60 percent of care in nursing homes is paid by taxpayers under Medicaid. This has led to crowded, poorly staff situations that made it easy for an invisible virus to run like wildfire. Stephen Moses describes how Medicaid has exceeded its mission in paying for long term care for the medically needy or those with little to no income and now pays for care for nearly anyone. This giveaway has been a disincentive for people to save for long term
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“Covid-19: Don’t Mess With My Retirement,” by Ken Dychtwald and Bob Morison, Forbes     Quote: “This is the first in a 10-part series on “The Future of Retirement” that we will be posting over the next several months. If you are interested in better understanding what’s ahead – we invite you to check out our new book What Retirees Want: A Holistic View of Life’s Third Age.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Timely advice from the Age Wave guru.      
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“COVID-19 has not changed consumer sentiment toward seniors housing: survey,” by Kimberly Bonvissuto, McKnight’s Senior Living   Quote: “The COVID-19 crisis has not changed consumer sentiment much toward independent living and assisted living, according to preliminary findings from a national survey. … Among survey respondents, 61% report no change in their opinion about independent living since the onset of the pandemic, although most who have changed their opinion (35%) report having a less favorable opinion. More than half (53%) of adult children surveyed report no change in their opinion of assisted living, although 36% report a less favorable opinion and
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“Coalition forms to oppose potential long-term care budget cuts,” by Michael Goldberg, Washington State Wire   Quote: “A group of Long-Term Care advocates in Washington State have formed a coalition in response to potential budget cuts to services utilized by senior citizens and people with disabilities. The coalition — which includes AARP, SEIU 775, Washington Health Care Association, Casa Latina, and several other organizations — formed after a budget reduction exercise conducted by the Office of Financial Management (OFM) indicated that as much as $220 million in cuts to aging and long-term care services could occur to help balance the state budget.” LTC Comment
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“OSHA blasted for inaction on COVID-19 pleas,” by Alicia Lasek, McKnight’s LTC News Quote: “Complaint logs reveal thousands of ‘desperate pleas’ to a workplace safety agency for protective gear by staff at nursing homes, hospitals and medical offices. Unfulfilled requests may have contributed to worker deaths, according to a new report. The Occupational Safety and Health Administration has logged more than 4,1000 COVID-related complaints since March. At least 35 healthcare workers died after the agency received safety complaints about their workplaces. But the agency had ‘quietly closed almost all of those complaints, and none of them led to a citation
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