Senior living operators should focus their efforts on two areas, says elder care policy expert Laura Katz Olson, Ph.D. And one is especially important.
Report: Catastrophic option may be best for LTSS financing
By
Lois A. Bowers
Feb 17, 2016
A mandatory, universal approach to long-term care insurance that covers catastrophic events could optimize coverage while minimizing costs, LeadingAge maintains in a new report.
Innovations may encourage retirement saving, committee hears
By
Lois A. Bowers
Jun 15, 2016
New apps and programs might encourage people to save more money for their needs in retirement and improve their financial literacy, said speakers at Wednesday’s hearing of the Senate Special Committee...
Medicare LTSS changes may not help two-thirds of beneficiaries
By
Lois A. Bowers
Jan 25, 2019
Two-thirds of Medicare recipients may not benefit from the federal government’s recent policy change allowing Medicare Advantage plans to cover long-term services and supports, according to a new analysis.
CMS may extend deadline for state compliance with HCBS final rule
By
Lois A. Bowers
Mar 15, 2017
The Centers for Medicare & Medicaid Services will work to provide states with additional time to comply with a final rule regarding the provision of home- and community-based services to Medicaid beneficiaries,...
New law should increase older adults’ funds for LTSS, advocates say
By
Lois A. Bowers
Jan 06, 2020
A bill that raises the minimum age at which people are required to withdraw funds from their retirement accounts was signed into law in late December as part of a spending package that also increased funding...
Survey: Older adults prefer assisted living over home health or nursing home care
By
Lois A. Bowers
Jun 26, 2018
Older adults’ first choice for living arrangements as they age is to remain completely independent at home, according to a new poll. But moving to an assisted living community was a “close...
More News for Friday, July 22
Jul 21, 2016
Older adults ride in Google’s self-driving cars … Costs skyrocket for federal long-term care insurance … Medicare proposes changes to payments for Alzheimer’s, diabetes care …...
Assisted living costs up 11% over 5 years
By
Lois A. Bowers
May 10, 2016
Year-over-year costs for assisted living rose just 0.8% from 2015 to 2016, according to Genworth’s latest Cost of Care Study, but the picture doesn’t look as rosy when one takes the long view.
‘It’s OK to fall short,’ Graham says, suggesting ACA repeal efforts may continue
By
Lois A. Bowers
Sep 26, 2017
Sen. Lindsey Graham (R-SC) on Monday night appeared ready to proceed to a vote on the healthcare reform bill that bears his name, even after the release of a negative preliminary analysis from the CBO...