White House Announces Coordinated Effort To Combat Elder Financial Abuse

Health and Human Services Secretary Kathleen Sebelius announced Thursday that a coordinated federal effort has been put in place to address the devastating and increasing problem of elder financial abuse. At a White House forum on elder abuse and financial exploitation, Sebelius says a $5.5 million grant under the Affordable Care Act will be used to create a federal elder justice coordination team, including officials from the Justice Department and the Consumer Financial Protection Bureau (CFPB). That team will examine previously “fragmented” elder abuse initiatives …

The Takeaway: Insurance Agent Jailed for Selling Annuity to 83-Year-Old With Dementia

In California, independent insurance agent Glenn Neasham was sentenced to 90 days in jail for selling a complicated annuity plan to an 83-year-old woman who shows signs of dementia. It’s a case that has elder abuse advocates cheering, but which sends “shivers down the spines” of American insurance agents.

Illinois banks run from Power of Attorney abuse protection law

Hello there blog readers – Jenn here talking to you today from an unseasonably warm and snow-free Chicago. (Thumbs up!) Following up on our post from a few weeks ago about cracking down on financial  elder abuse in Illinois, I was  talking with staff lead Ryan Gruenenfelder about what else is cooking down in Springfield this session and how AARP will be involved. He told me about an interesting battle that keeps cropping up over some increased protections that are now part of …

The Takeaway: Top Scams Targeting Older Adults; Hospital Errors Go Unreported

The National Council on Aging has released a list of the ‘Top 10 Scams’ targeting older adults … A new report from the Department of Health and Human Services says only one out of every seven errors that harm Medicare patients while hospitalized gets reported … And more.

The Takeaway: Senate Passes Veteran’s Jobs Package; MacArthur Fellow Fights Elder Abuse

Though the President’s overall jobs plan has been languishing in a divided Congress, the veteran’s jobs package””including a provision to give companies tax credits for hiring unemployed military veterans and a job-training program for vets””passed the Senate yesterday 94-1.

The Takeaway: Weekend Edition

Aging is for the birds.  A growing number of people over 50 just refuse to let it happen. Sure, they’ll celebrate the milestone birthday, but they’ll do their best not to look their age.  Or feel it. Or even act it.  (See Ernestine Shepherd. You now have no excuse for not working out.)