Archive for August 2020
Aging Americans Face a Long Term Care Crisis
Aging Americans are facing an escalating crisis regarding long-term care (LTC). Industry driven, massively underpriced policies are playing fiscal catch up with hefty premium rate increases. This price increase is forcing some aging Americans to abandon their policy while others struggle to reduce their amount of LTC coverage to keep their rates affordable or reduce…
Read MoreThe Challenge to Develop a COVID-19 Vaccine Effective for the Elderly
Older Americans are the demographic at the greatest risk of COVID-19 as well as the demographic which is least likely to respond well to a vaccine. A vaccine shot works by fooling the body into believing it has been infected with a virus, thereby prompting its immune system to fight the intruding pathogen by making…
Read MoreEven Wealthy Retirees are Cautious to Spend
When the US economy was in a cycle of more than ten years of economic growth, its citizens, even the “wealthy” ones, were worried about running out of cash and scared to spend. Bloomberg.com is reporting many retirees, and near-retirees are sitting on their wealth in much the same way large corporations are hoarding stockpiles…
Read MorePlanning for Your Parent to Stay at Home
Tips for Selecting an In-Home Care Provider There may come a time when your parent is no longer safe living at home due to physical or emotional/social concerns. Instead of moving Mom or Dad to an assisted living or nursing home, in-home care can provide a solution that makes everyone happy— your parent can stay…
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