The worst recession in decades is accelerating the aging of the U.S. workforce as older Americans try to rebuild savings and younger individuals, unable to find work, pursue higher education, a survey found.
Get the full story...
The Centers for Medicare & Medicaid Services’ final rule cutting Medicare payments for skilled nursing care by as much as $16 billion over ten years is expected to impact seniors. It could increase the sale of long-term care insurance by as much as 20 percent according to the American Association for Long-Term Care Insurance, the industry trade group.
Get the full story...
Medicare funding for seniors in nursing homes would be cut by more than $32 billion over ten years under current healthcare reform legislation due for a floor vote upon Congress' return from their August recess.
Get the full story...
Who will be the first to get the swine flu vaccine once it becomes available this fall? About 159 million people.
Get the full story...
Over five million Americans and an estimated 26 million people globally live with the fatal brain disease known as Alzheimer’s. According to leading health and insurance experts the disease progressively destroys brain cells and victims suffer from memory problems and difficulties with thought processes.
Get the full story...
What this does for seniors is give them an opportunity to stay in their home and gives them time… time to wait for a healthier economy to sell their home if that is their goal; time to live payment free or with additional income during a very trying time in this economy without fear of losing their home...
Get the full story...
More than 90 percent of Americans age 65 and older have prescription drug coverage today, compared to 76 percent who were covered in 2004, according to a University of Michigan analysis. And poor seniors are just as likely to have coverage as the rich.
Get the full story...
The demographic patterns of older Americans and certain ethnic groups will have greater effects on the country's socioeconomic outlook than previously thought, according to the latest issue of Public Policy & Aging Report (PPAR). In particular, the Baby Boomer generation and residents of Hispanic and Asian backgrounds will have a noticeable impact as their populations swell.
Get the full story...
A new firm established specifically to help seniors learn about and access Federal Housing Administration (FHA) reverse mortgages has chosen Microsoft Dynamics CRM to manage its nationwide customer base and support the company’s growth, Microsoft Corp. announced today.
Get the full story...
More than 90 percent of Americans age 65 and older now have prescription drug coverage, compared to more than 75 percent who were covered in 2004, according to a University of Michigan analysis. And poor seniors are as likely to have coverage as the rich.
Get the full story...
Sleep disturbances common in older people can lead to an increased risk of falling during waking hours, according to research published in the latest issue of The Journal of Gerontology: Medical Sciences (Vol. 62A, No. 1). In a special section devoted to sleep disorders, this edition of the journal features four separate reports on the topic.
Read the full story
Seniors work hard to keep their marriages alive and well, even after one spouse falls ill and goes into a long-term care facility, according to a new study from the University of Alberta in Edmonton, Canada.
Read the full story