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Tag: long term care financing
Financial Ruin Possible for Seniors with Dementia
A new study asserts that If seniors have to pay a higher portion of their medical costs, it could lead to their financial ruin, especially if they have dementia.åÊ There is no doubt that healthcare costs are rising and the public has to shoulder more of the burden. Various Medicare...
Ninety-Two Percent of Female Retirees Not Planning Long-Term for Retirement
A new report from the Society of Actuaries (SOA) shows that while half of women will likely live beyond age 85, 92 percent do not plan far enough in the future to cover the 20 some years between retirement and life expectancy. Actuaries say that an understanding of post-retirement risks...
Make the Call for Nursing Home Reform
On March 4, 2009, the Senate Aging Committee will hold a hearing addressing the financing of long-term services and supports. This is a unique platform to tell our legislators that long-term services and supports must be included in health care reform legislation. I have joined a coalition that is working...