“LTCI Policyholders May Get Broader Guaranty Association Protection,” by Allison Bell, ThinkAdvisor “The National Association of Insurance Commissioners has put its full weight behind efforts to broaden the base of support for the policyholders of long-term care insurance (LTCI) issuers that fail. The NAIC last week approved amendments to the Life and Health Guaranty Association Model Act (Model Number 520) during a conference call meeting, officials said in an approval announcement.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Spread the debt. LTCI Policyholders May Get Broader Guaranty Association Protection #insurance #policyholders #goldencareagent
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“Daily Serving of Leafy Greens May Boost Brain Health,” by Kate Kneisel, MedPage Today “Compared with the one-fifth of participants who consumed the least amount of leafy green vegetables (0.1 average servings/day), the one-fifth who consumed the most (1.3 average servings/day) slowed their cognitive decline by an average of 0.05 standardized units per year (P=0.0001) after adjustments, they wrote in Neurology.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): A salad a day keeps the neurologist away. Daily Serving of Leafy Greens May Boost Brain Health #brain #health #goldencareagent
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“Smaller personal care homes are a growing senior living option,” by Leslie Spirer, McKnight’s Senior Living Smaller personal care homes are a popular option the West Coast, enjoying more popularity there than on the East Coast or in the South. But popularity is growing elsewhere, too. . . . In California, 90% of senior living facilities accommodate four to six residents. . . . What is the appeal? As you know, most older adults have needs that fall beneath the level of skilled nursing services. The small personal care home, licensed for two to six people, can be a safe,
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“Completing the Retirement Planning Puzzle: Where Long-Term Care Fits In,” by Sandra Timmermann, ThinkAdvisor “Ten suggestions for you and your family as you consider long-term care risk and where it fits into your retirement planning process.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Sound advice from a reliable source. Completing the Retirement Planning Puzzle: Where Long-Term Care Fits In #long-termcare #retirement #goldencareagent
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“CDC: More than 20% of 85+ adults need ADL assistance,” by Lois A. Bowers, McKnight’s Senior Living “More than 20% (21.7%) of adults aged 85 or more years needed help with activities of daily living in the first half of the year, according to the latest data released Tuesday by the Center for Disease Control and Prevention’s National Center for Health Statistics. The finding means that adults in that age range are more than twice as likely as those aged 75 to 84 (8.5%) and more than six times as likely as adults aged 65 to 74 (3.4%) to need
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MOST OF US KNOW SOMEONE who is a caregiver. Many of us (40 million, in fact) are caregivers, providing 37 billion hours of support to family members coping with the realities of aging and illness. Twenty million new caregivers joined their ranks last year, so chances are good that you, too, could become a caregiver (if you’re not already one). Those are just some of the eye-popping stats revealed in a new report, “The Journey of Caregiving,” produced by Merrill Lynch in partnership with Age Wave, a thought leader in the study of aging and its implications for society. While
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