elder care

Blackrock’s Larry Fink Has It Almost Right About Aging

In a letter to investors, Larry Fink, who is CEO of the massive investment firm Blackrock, warned that retirement “is a much harder proposition than it was 30 years ago. And it’ll be a much harder proposition 30 years from now.” One reason, he says: “As a society, we focus a tremendous amount of energy on helping people live longer lives. [...]

By |2024-04-03T13:23:57-04:00April 3rd, 2024|Aging|0 Comments

Social Security Benefits Seem To Be Increasing, But Are They Really?

In response to the recent burst of inflation, the government increased Social Security benefits significantly in the past two years. But compared to average pre-retirement income, net benefits have been falling for decades. And the trend will continue. One big reason: Rapidly rising Medicare premiums that usually are deducted directly from Social Security checks. Think about Social Security benefits in [...]

By |2024-02-27T16:06:20-05:00February 27th, 2024|Social Security|0 Comments

Changing The Way Doctors Talk To Patients About Dementia

Too often, physicians are reluctant to give patients a diagnosis of dementia, even when cognitive testing shows memory loss or other symptoms. And when doctors do provide a candid diagnosis, they may send their patients and their families home without any guidance for what to do next. No practical advice. No sense of hope. And too often, not even any [...]

By |2024-02-13T16:04:34-05:00February 12th, 2024|dementia, Uncategorized|0 Comments

Family Caregiving Is Tough On Workers. What Are Employers Doing About It?

Caring for a chronically ill parent, spouse, or other relative is hard. And, without support, it can seriously interfere with paid jobs, disrupting not only employees’ lives but their workplaces as well. There are lots of good reasons for firms to assist workers who are caring for loved ones. Unfortunately, many don’t make the effort, perhaps because they are worried [...]

By |2024-01-26T10:26:31-05:00January 26th, 2024|family caregivers|0 Comments

Barring Immigrant Care Workers Punishes Frail Seniors And Their Families

Congress is debating whether to impose new restrictions on immigration as the price of a deal to provide new aid to Ukraine and Israel. But some of the biggest victims of this misguided policy will be frail older adults, younger people living with disabilities, and their families. For their sakes, Congress should make immigration easier, not harder, for the nurses [...]

By |2024-01-03T09:42:20-05:00January 3rd, 2024|long-term care workers|0 Comments

Retirement Savings Are Growing, But Not For Everyone

There is a seemingly endless debate about whether Americans have sufficient savings for retirement (see here and here). The answer is that many do. But tens of millions do not. Overall retirement assets have grown enormously in recent years-- to $36 trillion, despite a terrible stock market in 2022. But looking at total retirement plan savings, or even average 401(k) [...]

By |2023-12-14T10:20:19-05:00December 14th, 2023|Aging|0 Comments

Three Experiments To Help Reduce The Shortages Of Senior Care Workers

The US is desperately short of nurses, personal care aides, and other direct care workers who help frail older adults and younger people with disabilities manage their days. Instead of dealing with the problem, policymakers have, predictably, devolved into their usual partisan blame-mongering. Watch, if you can, this recent hearing of the House Energy and Commerce Committee on the worker [...]

By |2023-11-16T09:54:05-05:00November 16th, 2023|nursing homes, Senior housing|0 Comments

What New Nursing Home Staffing Rules Would Mean For Residents And Patients

In a long-awaited and highly controversial decision, the federal Centers for Medicare and Medicaid Services (CMS) has proposed that nursing homes provide at least three hours of staff time daily for every patient or resident. Would it meaningfully improve care at nursing facilities? Not by much. The rule would require facilities to provide enough staff to deliver 33 minutes (.55 [...]

By |2023-09-05T11:37:08-04:00September 5th, 2023|nursing homes|0 Comments

Why Do So Few Doctors Want To Specialize In Caring For Older Adults?

You might think that the aging of the Baby Boom generation, with the Gen Xers following close behind, would make geriatric medicine a popular specialty. Almost as attractive, perhaps, as orthopedic surgery. But you’d be very, very wrong. In 2000, there were only about 10,000 board-certified geriatricians to care for 35 million Americans age 65 or older.  That was bad [...]

By |2023-08-15T10:56:51-04:00August 15th, 2023|Health Care|0 Comments

The Quiet Struggles Of Those Living Alone With Memory Loss

Living with memory loss and other cognitive limitations is hard. But when you can’t remember or can’t process information well enough to make important decisions, and you have no one by your side to support you, life can be extra tough. Researchers at the University of California San Francisco ((UCSF) estimate that about 4.3 million older adults with cognitive impairment [...]

By |2023-07-18T10:37:57-04:00July 18th, 2023|dementia, Uncategorized|0 Comments