Living wills not relevant in signing arbitration agreements, court says
By
Kathleen Steele Gaivin
Apr 02, 2024
Being the power of attorney of a living well does not give that person the right to sign arbitration agreements on behalf of the patient, the California Supreme Court ruled last Thursday. The decision...
Rates for nursing homes, in-home care down: report
By
Kathleen Steele Gaivin
Mar 28, 2024
Movement of rates for long-term care is mixed, with assisted living and home health aide rates up but rates for in-home nursing visits and nursing homes declined year over year, according to a new report...
Long-term care rates up 1 to 10 percent: survey
By
Kathleen Steele Gaivin
Mar 13, 2024
Year-over-year rate increases in long-term care ranged from 1% to 10% across setting types, according to the results of Genworth’s Cost of Care Survey 2023, published Tuesday.
Business briefs, Feb. 28
By
Kathleen Steele Gaivin
Feb 28, 2024
Data unveil ‘compelling look’ at future of senior living … Pivotal 2023 sets up capital investment opportunities in 2024: DHC … HHS one of several agencies unfunded as federal shutdown looms …...
Americans have poor understanding of retirement income planning
By
Kathleen Steele Gaivin
Feb 16, 2024
Most respondents to a new study by the American College of Financial Services had a poor understanding of how to plan for the finances they will need in retirement.
Navigating insurance for those with dementia a major challenge for family caregivers
By
Kathleen Steele Gaivin
Jan 30, 2024
Family caregivers face many challenges in helping their loved ones who are living with dementia, not the least of which is navigating the insurance landscape for long-term care. That’s according to the...
Long-term care insurance paid out $14 billion in claims last year
By
Kathleen Steele Gaivin
Jan 29, 2024
Long-term care claims are on the rise, according to the American Association for Long-Term Care Insurance, and insurers paid out a record $14 billion to policyholders in 2023.
On-site clinic helps CCRC residents age in place, exec says
By
Kathleen Steele Gaivin
Jan 17, 2024
St. Mark Village, a continuing care retirement community in Palm Harbor, FL, has added a full-service, primary care clinic run by Curana Health. It opened Jan. 4 and serves residents and employees.
Cost of linked-benefit LTC insurance drops by up to 27 percent from last year
By
Kathleen Steele Gaivin
Jan 12, 2024
Individuals are paying up to 27% less for linked-benefit long-term care insurance coverage than they were a year ago, according to an annual price index released Thursday by the American Association for...
Public policy must address flaws in long-term care financing, experts say
By
Kathleen Steele Gaivin
Jan 11, 2024
Public policy needs to address flaws in Medicaid funding and encourage private planning for long-term care, according to experts speaking Tuesday during a panel discussion hosted by the Paragon Health...