In what should have resulted in a robust turnout among the nation’s lawmakers actually became testimony about Alzheimer’s disease being delivered to just two senators. Seth Rogen, a Hollywood actor, director and producer who’s starred in several films, testified in front of the Senate Committee on Appropriations about the rising costs of Alzheimer’s disease and to ask what the committee intended to in order to provide better funding. One look at the statistics reveals why so many Americans are … [Read more...] about Disappointing Turnout for Alzheimer’s Testimony
It’s like going to the casinos and dropping your last $20 on a game of Poker – we kid ourselves into thinking we’re going to be one of the lucky ones and overcome the odds. The same holds true with long term care planning: we’re in denial and sure that we will never need it. Some won’t, but as we continue to live longer, the fact is, the odds increase the older we become that we will need some kind of long term care. So why aren’t we preparing ourselves? New Long Term Care Survey PBS conducted … [Read more...] about Americans Woefully Unprepared for Long Term Care
Most of us have seen the commercials touting the many benefits of reverse mortgages. When they became more popular and well known, many believed these financial products were the solution for senior citizens in need of a cash influx. Now, though, there are new worries that some government agencies insist are putting the elderly at risk. In fact, in the past few years, there have been substantial changes in reverse mortgages that are “more complex” with higher “long term costs”, according to a … [Read more...] about Are Reverse Mortgages Putting Seniors at Risk?
Coming as no surprise, scammers are targeting senior citizens in the growing number of crimes born from the new healthcare laws. In fact, across the country, law enforcement agencies are reporting an increase in these sorts of health insurance scams, particularly efforts of preying on the public’s confusion over the massive changes. While no one is exempt from efforts of being scammed, law enforcement is reporting a higher number of elderly who are being targeted. They’re more likely to be … [Read more...] about Elderly Targeted in Obamacare Scams