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Consumer Choice/Financing Senior Living

New Study Analyzes Money Follows the Person Program

A study of the Money Follows the Person program, designed to transition Medicaid individuals living in institutions back into the community, has found that the program is supporting mostly disabled individuals and falling far short of initial goals.

2.9 Percent of 90s Population in Residential Care U.S. Census Says

The U.S Census Bureau released a report analyzing demographics of those who are at least ninety years old. Most of these elders relied heavily on Social Security with much higher rates of poverty than younger generations. Living arrangements also demonstr

Many Middle Class Americans Expect to Work into Eighties

A new survey indicates that most middle class Americans plan to save up a specific amount before retiring and put less emphasis on a given retirement age. Many even plan to work into their eighties in order to live comfortably in retirement.

Costs Increase in Long Term Care Says MetLife

A MetLife market survey, comparing nursing homes’, assisted living communities’, adult day services’, and home healthcare’s rates and overall rate structures both state by state and at a national level, indicates that average national long term care costs

Older Adults Struggling Financially Says GAO

A new report from the Government Accountability Office (GAO) indicates seniors are in financial trouble and that many are relying heavily on Social Security to get by.

Administration will Not Move Forward with CLASS Act at this Time

Health and Human Services (HHS) Secretary Kathleen Sebelius announced last week that HHS will postpone implementation of the CLASS Act indefinitely. The announcement reignited an old battle over the program, with Republicans calling for the CLASS Act’s re

Hearing Seeks Agreement on Medicare Reform

The Senate Special Committee on Aging conducted a hearing last week to try to develop a strategy to reform the Medicare program in a way that would be acceptable to both Democrats and Republicans.

CLASS Act’s Future in Question

Although the Department of Health and Human Services denies the CLASS office is closing, many question what will happen to the CLASS Act, following a reduction of the CLASS Office’s staff and an email that leaked last week from the CLASS Office’s actuary

Committee Addresses Abuses of Medicaid Eligibility

The House Subcommittee on Health Care, District of Columbia, Census and the National Archives conducted a hearing aimed at understanding and developing a strategy for combating abuses of Medicaid eligibility rules.