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Consumer Choice/Financing Senior Living

ALFA Voices Concerns with Proposed CMS Rule

ALFA has written a letter expressing its concerns with regulation proposed last April by the Centers for Medicare & Medicaid Services. If the rule remains unchanged, ALFA fears that many currently eligible senior living residents will be denied assistance

Financial Toll of Elder Abuse Worse Than Previously Thought

A new Metlife study on financial elder abuse estimates that the annual financial loss felt by victims increased 12 percent from the last time the study was conducted in 2008 and recognizes that elder abuse is still an underreported crime.

Medicare & Social Security in Dire Straights

The Trustees of the Social Security and Medicare released their annual projected financial analysis of the programs, concluding that Medicare Hospital Insurance Trust Fund will be exhausted by 2024, while Social Security will be depleted by 2036.

Zero Tolerance: Elder Abuse, Neglect and Exploitation

ALFA members agree that when it comes to Elder Abuse there is a zero tolerance policy. Without proper attention, residents can be vulnerable to abuse and exploitation not only from staff but family members as well. It is critical that providers know how t

Female Retirees Not Prepared Financially

Almost 92 percent of female retirees have not properly planned financially for their retirement. A new report by the Society of Actuaries (SOA) uses survey data to identify gaps in understanding retirement risks and techniques for addressing retirement co

Zero Tolerance: An Antidote to Elder Abuse

Mrs. Davidson from the memory care floor wouldn’t sit down. The caregiver raised her voice and attracted the attention of the medication aide in the hallway. As the aide rounded the corner, the caregiver grabbed the disobedient resident and shoved her int

Senior Tax Outlook Brightens

Financial experts say the extension of tax rates for the next few years should provide many seniors with stable planning environments, according to an article in U.S. News & World Report.

Interview: Head of the CLASS

Advance CLASS Inc.’s Connie Garner on how the CLASS Act should work to help pay for long-term care services.

Executive Focus Group: Alzheimer’s Care Service Strategy

How providers care for people with Alzheimer’s disease and other forms of dementia has come a long way in the last decade, but three innovators expect just as much progress in the next. Alzheimer’s and dementia care specialists discuss care strategies, fa

‘Doc Fix’ Part of Longer-Term Medicare Solution

The Senate Finance Committee passed a one-month “doc fix” on Nov. 18 and is seeking a year-long fix, which would protect physicians from a 23 percent Medicare pay cut until 2012. Lawmakers expect the House to pick up the bill after the Thanksgiving Recess