“A study of nearly 100,000 people overturns the notion that being thin somehow raises a person’s odds for Alzheimer’s disease.  Instead, the Danish research suggests, people with early stage Alzheimer’s disease can have less appetite and lose weight. So, it’s the illness that may be causing the thinness, not the other way around.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Cause vs. correlation often confuses Alzheimer’s research conclusions. Thin People Not More Prone to Alzheimer’s, Study Finds #goldencareagent #alzheimer’s
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“The responsibility of providing care to the vast number of patients with dementia expected over the next 20 years will disproportionately fall on working women, according to researchers at the Stanford University School of Medicine.  ‘The best long-term care insurance in our country is a conscientious daughter,’ the authors wrote in a perspective piece to be published May 8 in JAMA Neurology. The article points to a lack of affordable in-home care options in the United States other than unpaid family members, primarily women.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Why do we have
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“Caring for aging parents already costs Canadians $33 billion a year in direct out-of-pocket expenses and time off work, a number that will only grow over time, finds a new report by CIBC Capital Markets. The report, Who Cares: The Economics of Caring For Aging Parents, co-authored by CIBC Deputy Chief Economist Benjamin Tal and Senior Economist Royce Mendes, estimates the direct and indirect costs associated with the elderly to mushroom by more than 20 per cent in real dollars over the next 10 years due solely to changing demographics.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term
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“There’s no doubt that our growing aging population could represent a major market opportunity for financial services. Of all the sources that help fund a longer life, insurance has only a single-digit share. If insurers want to increase their aging business, they will need to find new ways to provide relevant and attractive new paths to financial security for older people, rather than purely fight for market share among traditional competitors. The aging wallet analysis shows the starting point for insurers to win the hearts and minds of older consumers and their families, and become a larger part of the
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“As assisted living operators look to the future, one strategy may depend on helping families navigate the ability to pay for care for their loved ones, housing experts said Tuesday. Many senior living communities originally promised adult children the idea of ‘we’ll care for Mom,’ said National Investment Center for Seniors Housing & Care CEO Robert Kramer. Today, Kramer advised that communities’ plans have ‘got to go way beyond that. It’s like a concierge service but we’re coordinating it.'” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Part of that “concierge service” should be advising those
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“Aetna Inc. posted a big net loss Tuesday, partly due to the failure of a long-term care insurer. The Hartford, Connecticut-based insurer is reporting $381 million in net losses for the first quarter on $15.2 billion in revenue, compared with $737 million in net income on $15.7 billion in revenue for the first quarter of 2016. . . . Aetna also recorded a $231 million charge related to its share of cost of dealing with the insolvency of Penn Treaty American Corp.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Ramifications ripple through the health insurance
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