Bill would let people tap retirement accounts for long-term care insurance
By
Lois A. Bowers
Dec 03, 2019
Individuals would be allowed to withdraw up to $2,000 per year from their retirement accounts, tax-free, to pay for long-term care insurance to fund long-term services and supports under a bill proposed...
Per-capita Medicaid cap could reduce dual-eligible spending by $44 billion over 10 years
By
Lois A. Bowers
Apr 20, 2017
A per-capita cap on federal Medicaid funding growth based on medical inflation could reduce spending on dual-eligible beneficiaries by $44 billion over the next 10 years, according to new research.
Larger employers should be required to offer retirement plans, group says
By
Lois A. Bowers
Jun 09, 2016
Requiring most employers to offer retirement plans for their workers would help ensure that Americans have enough money to pay for their needs after they stop working, the nonprofit Bipartisan Policy Center...
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.
Older Americans Act reauthorization appears destined for president’s desk
By
Lois A. Bowers
Mar 21, 2016
A bill reauthorizing the Older Americans Act appears destined for the president’s desk after the U.S. House of Representatives passed a version of S. 192 March 21.
Budget deal has winners, losers, senior living officials say
By
Lois A. Bowers
Oct 27, 2015
The tentative budget deal that congressional leaders and President Barack Obama reached Monday contains good news for some and bad news for others, according to senior living industry officials.