NewRetirement Retirement News Digest : Long Term Care
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NewRetirement Retirement News Digest

Browse the news below to learn about important developments shaping retirement.

Long Term Care (RSS)

Universal Coverage: A Revenue Windfall?
The New York Times, October 24th, 2009Arthur Ullian is president of the National Council on Spinal Cord Injury and co-author of two studies in the Proceedings of the National Academy of Sciences on the economics of health care. In a forthcoming analysis, Read More
Helping helpers cope
Minneapolis Star-Tribune, August 17th, 2009Three years ago, Tracy Beckman moved out of the house -- five years after his wife, Janel, was diagnosed with what probably is Alzheimer's disease. "I just didn't know how to deal with it," said Beckman, 64, Read More
Message on long-term health care - plan ahead
Birmingham Post, August 6th, 2009Anyone faced with funding long-term health care should look beyond equity release schemes or selling their homes. That is the message from a West Midland firm of independent financial advisers keen to show that forward Read More
When an insurance company denies long-term-care benefits, there's another way to get its attention
Dallas Star-Telegram, July 10th, 2009Nancy Morrow was angry that her parents paid tens of thousands of dollars in long-term-care insurance premiums, but when her parents needed care, CNA Insurance Companies refused to pay.The family hired a senior advocate Read More
Congress Airs Concerns on Long-Term Care Insurance
The New York Times, June 16th, 2009As many as 7 million Americans have long-term care insurance policies, and many states confronting burgeoning deficits are urging consumers to buy this type of insurance as a way to protect Medicaid budgets. But at Read More
Kohl Seeks Regulation of Long-Term Care Insurance
Bloomberg, June 3rd, 2009Long-term care insurance may not be a “cure-all” for the estimated 12 million Americans who will require such care by 2020, according to Senator Herb Kohl, chairman of the Senate Special Committee on Aging. Providers Read More
Health Care Costs During Retirement
The National Center for Policy Analysis, May 27th, 2009Many people assume Medicare will cover most of their health care costs when they retire, and that Medicaid, the health care program for the poor, will cover them if they need nursing home care.  Read More
Nearly Two-Thirds Face Risky Retirement Due to Long-Term Care Costs
ElderLawAnswers - April 1, 2009 A new report by the Center for Retirement Research at Boston College finds that nearly two-thirds of U.S. households are at risk of being unable to maintain their standard of living in retirement when possible long-term Read More
8 Tips for Paying for Health Care in Retirement
US News & World Report - March 16, 2009 It’s difficult to predict what your health care expenses will be in retirement. Jack Dickinson, 65, thought he was one of the lucky ones. His 34 years as a General Motors sales and marketing manager came with Read More
SEC accuses Sunwest Management of securities fraud
USA Today - March 2, 2009 A major corporate operator of assisted-living facilities and its founder were accused of a massive securities fraud Monday in what the Securities and Exchange Commission charged was a scheme that raised $300 million from investors Read More
AARP’s Stealth Fees Often Sting Seniors With Costlier Insurance
Bloomberg - December 4, 2008 Arthur Laupus joined AARP because he thought the nonprofit senior-citizen-advocacy group would make his retirement years easier. He signed up for an auto insurance policy endorsed by AARP, believing the advertising that said Read More
'Tis the season for families to talk about finances
Christian Science Monitor - December 22, 2008 As families gather to celebrate Christmas this week, money could be an unpleasant subject, given pronounced declines in real estate and stock markets. But now more than ever, families should use this as an Read More
Fit, Not Frail: Exercise as a Tonic for Aging
The New York Times, June 24 2008Fact: Every hour of every day, 330 Americans turn 60. Fact: By 2030, one in five Americans will be older than 65. Fact: The number of people over 100 doubles every decade. Fact: As they age, people lose muscle mass Read More
Fidelity: $85k needed for long-term care costs
The Boston Globe, June 26, 2008A 65-year-old couple needs $85,000 on average to cover insurance costs for long-term care such as nursing home stays in retirement, according to a study to be released Thursday by Fidelity Investments. Read More
Rising Challenger Takes On Elder-Care System
The Wall Street Journal, June 24, 2008In the spring of 2001, Bill Thomas, dressed in his usual sweat shirt and Birkenstock sandals, entered the buttoned-down halls of the Robert Wood Johnson Foundation. His message: Nursing homes need to be taken out Read More
 
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