“Genworth’s CEO Aims for 2025 Long-Term Care Insurance Launch,” by Allison Bell, ThinkAdvisor “Earnings were up in the first quarter. The long-term care insurance business reported a small profit. An increase in mortality had mixed effects.”     LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Patience, perseverance and persistence keep Genworth in LTCI. The same traits will achieve better public policy soon. Congratulations to Center-corporate-member Genworth on this important progress.   Subscribe to GoldenCare News  
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“Government shouldn’t micromanage nursing homes,” by Sally Pipes, Washington Examiner “The Biden administration published regulations last month requiring most nursing homes to maintain specific staffing levels. As a result, roughly three in four nursing homes will have to hire additional personnel. … But government diktats, however well-intentioned, won’t address the issues behind staffing shortages. Nursing homes have long had to contend with low reimbursement rates from Medicaid, which make it hard to attract and retain employees. Simply telling nursing homes to hire more staff won’t address that problem. … As Stephen A. Moses of the Paragon Health Institute has observed, Medicaid, the facilities’ chief payer, reimburses
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“Brain function of older adults catching up with younger generations, finds study,” MedicalXPress “According to research by Nottingham Trent University, the brain function of older generations is improving, with the gap between old and young healthy adults lessening. … The evidence points overall to improving and higher cognitive performance among older adults with eighty three of the measures used (68%) across the studies showing better performance in later cohorts of older adults than earlier cohorts, only six (5%) showed the reverse. In contrast, findings show that that young adults’ cognition remained relatively flat across time—closing the gap between generations.”  
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“The Coming Elder Care Crisis,” by Harry Margolis, Next Avenue “Since Medicaid is designed to be only for the poor, in order to obtain coverage, older adults must become poor by spending down their assets. And then they still may not get the care they want. Medicaid pays for only limited assisted living or home care, though coverage of both has been expanding in recent years. As a result, many people have to move to nursing homes just because Medicaid will pay for their care in such a setting.”     LTC Comment, Stephen A. Moses, President, Center for Long-Term
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