Should I Buy Long-Term Care Insurance?

One of the most frequent questions I get from clients is whether to buy long-term care insurance. With the average cost of a private room in care facilities topping $94,000 a year, according to a 2013 study by insurer John Hancock, it’s a reasonable concern. Many of us will need some form of long-term care (LTC), so the question of whether to buy insurance to help with the associated costs is a real one. I think the decision is a very close call. At …

Keep Low-Income Medicare Beneficiaries From Falling Through the Cracks

The Affordable Care Act allows states to offer Medicaid to low-income adults who would not have qualified under previous law. Twenty-eight states and the District of Columbia offer this expanded coverage. Those who qualify will face higher cost-sharing requirements when they transition from Medicaid expansion coverage to Medicare, but some may be eligible for traditional Medicaid benefits or Medicare Savings Programs (MSPs) that will help reduce their costs. >> Get your questions about the health law answered here. Medicare beneficiaries …

Improving Quality Measurement and e-Health in Medicaid Home- and Community-Based Services: The TEFT Demonstration

Many Americans with personal care needs receive services in their own homes to help them with daily tasks such as bathing, dressing and meal preparation. But the quality of care provided in private homes often is not measured. The medical community is beginning to adopt electronic health records: health information in a digital format that can be shared with providers. Unfortunately, these records may not be helpful to consumers, especially those with long-term care needs, in managing their own care. …

Older Adults and People With Disabilities Want Choice and Control

We all like to have choices. Being able to decide where we live and work, what we eat and how we spend our leisure time all enhance life satisfaction. Having a disability doesn’t diminish the desire for choice. But unfortunately, people with disabilities often lose control over how services are provided when they depend on Medicaid for home- and community-based services (HCBS), such as meal preparation or help with bathing and dressing. It doesn’t have to be this way. Participant-directed …

This Week in Boomer History: Lenny Bruce … Gulf of Tonkin … Medicare

Noteworthy events from our shared experience Comedian Lenny Bruce is found dead at his Los Angeles home Aug. 3, 1966. His anything-goes social satire led to multiple obscenity prosecutions while paving the way for today’s stand-up performers. On Aug. 1, 1981, MTV begins broadcasting in the United States. Its first video? “Video Killed the Radio Star” by the Buggles. President Lyndon B. Johnson signs Medicare and Medicaid into law on July 30, 1965, at the Truman Presidential Library in Independence, Mo., a nod …

Who Really Pays for Health Care? It’s Not Who You Think

By Jay Hancock, Staff Writer, Kaiser Health News Eight million Americans have signed up for private health insurance – much of it government subsidized – under the Affordable Care Act. Millions more obtained new coverage through Medicaid, the government-sponsored insurance program for low-income people. The full implementation of the law – along with its wider coverage, new taxes and shifting subsidies – has brought renewed discussions and debates over the winners and the losers in the new health care landscape. Here are …