Medicare
HealthCare.Gov (ACA) and Long Term Care
No, long term care is not directly affected by the Affordable Care Act (ACA, AKA Obamacare) but there are some scary correlations between the two. I refer to this morning’s Wall Street Journal article about what is coming – in both healthcare and long term care.… Read more...
Nursing Home Profit Margins Half That of Three Years Ago
Skilled Nursing Facilities are not doing well financially. One third of U.S. nursing homes have no profit or are losing money per the June 7th issue of McNights LTC News. The problem is two fold. Nursing homes lose money on the Medicaid remibursement rate. … Read more...
Price of Stroke to Double In Next Two Decades
The rising prevalence of stroke in an aging population is likely to more than double the cost of stroke care over the next two decades, the American Heart Association and American Stroke Association warned.
Annual stroke-related medical costs are projected to jump from $71.6… Read more...
What is your retirement plan missing?
“The second most important financial priority, especially among older respondents, is saving money to pay health-care costs” from a recent article. This is not surprising, considering that 70% of those surveyed said they expect their medical expenses to increase during retirement.… Read more...
Time Your Loved One(s) Need Care?
A weekend Wall Street Journal article suggests paying close attention to your parents during holiday visits this year. Is the normally tidy house now neglected? Is there hoarding? Do you notice memory problems or physical unsteadiness?
It might be time to gather the family and assess what things they might need help with. … Read more...