What Dads Really Need for Father’s Day

My dad is a man of simple needs, and the same goes for his Father’s Day desires. Last year my mom and I surprised him with a charcoal grill, and, in a pinch, he always appreciates a handmade coupon for nine holes of golf with his favorite (and only) daughter. My parents have recently graduated to empty-nester status and, as they revel over the clutter-free counter tops and the need for only one carton of milk a week, the whole …

Medicare Patients Spend Thousands Out of Pocket at End of Life

Using data from a national longitudinal survey, Mt. Sinai professor Amy Kelley looked at out-of-pocket medical costs near the end of life and uncovered some sobering statistics. A whopping 43 percent of Medicare patients end up spending more than the total value of their assets, excluding real estate, on end-of-life care, while 25 percent spent all their assets including including any money from home or property.

The Takeaway: Hospices Diversify End-of-Life Care to Suit Boomers

Hospice care with a side of golf? That’s just the beginning. Hospices are working to “diversify their services” in preparation for the eventual needs of aging boomers, according to the Associated Press. In the meantime, providers would like to dispel myths that hospice care is all doom, gloom and candlelit bedrooms.

The Takeaway: Patients Flock to Life Expectancy Website ePrognosis

Crystal Ball 2.0: In the five weeks since a team of California doctors launched ePrognosis, the life expectancy predicting website has attracted more than half a million visits.

The Takeaway: Do Morning Snacks Ruin Weight Loss?; Aging Out Of Health Care

Reason For Snacking-Not Timing-Matters Most: It’s 10 a.m. Breakfast was three hours ago. Lunch isn’t for another two. But your stomach is growling. Time for a mid-morning snack? Sure!-if you want to undermine your diet, researchers say. A 12-month study of women dieters ages 50-75, published in the Journal of the American Dietetic Association, found those who avoided mid-morning snacks lost a greater percentage of their body weight than their snacking counterparts-11 percent on average, versus 7 percent. But I’d …

The Takeaway: Seniors Get Unwanted Surgeries; Employees Sue Over 401(k) Losses

A new study published in the British medical journal Lancet says a host of factors, such as Medicare reimbursement, location and the availability of hospital beds, weigh more heavily on a doctor’s decision to operate than a patient’s needs, wants or whether surgery will improve their quality of life. And a growing number of 401(k) plan participants are bringing lawsuits against their employers (who administer the plans) for allowing poorly-performing and/or overly-expensive funds into their retirement portfolios.