Medicare

Treating The Epidemic Of Loneliness And Social Isolation Among Seniors

One of the many lessons we should have learned from the Covid-19 pandemic is the cost to older adults of loneliness and social isolation. While nearly 900,000 older adults died from the virus, tens of thousands were sickened and may have died from the isolation the pandemic caused. But what have we learned from that tragic experience? Whether older adults [...]

By |2024-05-21T11:31:43-04:00May 21st, 2024|elder care, Health reform, Uncategorized|0 Comments

Don’t Expect A Boost In Nursing Home Staff Any Time Soon

With great fanfare, the Biden Administration recently announced new regulations aimed at increasing staffing at nursing homes and boosting pay for some home care workers. The laudable intention: To improve care for frail older adults and younger people with disabilities. But don’t expect changes anytime soon. It will be years before either of these rules are fully implemented. The new [...]

By |2024-05-02T15:41:56-04:00May 2nd, 2024|long-term care workers|0 Comments

Biden Sets New Nursing Home Staffing Rules

The Biden Administration has announced it will impose new minimum staffing rules for nursing homes. But the regulations appear to give facilities time to meet the requirements. Separately, the Administration also is requiring that home care agencies allocate at least 80 percent of their Medicaid payments to staff compensation. States would have flexibility to adjust the rules for small and [...]

By |2024-04-22T14:44:30-04:00April 22nd, 2024|nursing homes|0 Comments

How A Handful of Drugs is Squeezing Medicare

Medicare expects it will spend more $550 million this year for the controversial anti-Alzheimer’s drug Leqembi and predicts the cost will skyrocket to $3.5 billion in 2025, according to Stat News. The program spent $5.7 billion on drugs such as Ozempic and Mounjaro in 2022, according to the Kaiser Family Foundation.  These GLP-1 medications were designed to treat type 2 [...]

By |2024-04-18T11:17:15-04:00April 18th, 2024|Medicare|0 Comments

Do Nursing Homes Low-Ball Profit Reports To Get Higher Government Payments?

Do nursing home owners understate the profits they report to federal regulators by shifting income to related businesses? Two academic experts in nursing home finance found that in one state 63 percent of margins are hidden this way. To put it another way, only 37 percent of true nursing home profits are reported to federal regulators. A new paper by [...]

By |2024-03-18T11:12:09-04:00March 18th, 2024|nursing homes|0 Comments

Biden’s Budget Would Hike Medicare Taxes, Boost Medicaid Home-Based Long-Term Care

President Biden’s 2025 budget proposal, which will double as his presidential campaign platform, includes major proposals aimed at supporting older adults. It would raise taxes to help fund Medicare, increase federal support for Medicaid home-based care,, create a federal family leave program for those caring for older adults as well as children, and toughen regulation and inspections of nursing homes. [...]

By |2024-03-12T09:55:41-04:00March 12th, 2024|Joe Biden|0 Comments

The US Health System Should Focus on Pre-Acute Care Not Post-Acute

The US health system focuses an enormous amount of money and attention on post-acute care—the medical treatment patients receive after they have been discharged from a hospital. But it would more cost effective, and far better for patients, to refocus on what you might call pre-acute care: What the US can do to prevent those hospitalizations in the first place. [...]

By |2024-03-05T15:36:34-05:00March 5th, 2024|Health Care|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

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