2015 marks the 50th anniversary of Medicare, Medicaid, and the Older Americans Act, as well as the 80th anniversary of Social Security. It also marks the year of the next White House Conference on Aging. These conferences provide an opportunity to recognize these these key programs and to look ahead at the issues and solutions to help create a healthy landscape for older … [Read more...] about White House Conference on Aging Addresses Healthy Aging, Retirement Security, Long Term Care & Elder Justice
Did you know that since 1900, the percentage of Americans 65+ has more than tripled (from 4.1% in 1900 to 14.1% in 2013), and the number has increased over 13 times (from 3.1 million to 44.7 million)? Did you know that as of 2013, 44.7 million Americans are 65 years of age or older, representing 14.1% of the U.S. population. This is about 1 in every 7 Americans and is an … [Read more...] about Are We Ready for Our Country’s Aging Demographics?
Navigating the roads of long-term care and 'terrain' of long-term care insurance products can be confusing, especially since these products are not standardized like Medicare supplement insurance (known as Medigap). We've recently updated our website sections on long term care and our long-term care fact sheet series which provide great resources for: 1) learning about this … [Read more...] about Can I Buy a ‘Home Care Only’ Long-Term Care Insurance Policy?
Update on May 20, 2014...this bill died in committee and is no longer moving forward. It is an important issue to be aware of so we are keeping this article up. Without legal intervention, women could end up paying 40% more for long-term care insurance coverage than men. And this could happen as early as January 2015. To stop such gender-based pricing products from being … [Read more...] about California Bill AB 1553 Says No to Gender-Based Pricing
Bonnie Burns, our Training and Policy Specialist, and another advocate Amy Bach of United Policyholders have asked regulators to create new conversion rights for any long-term care insurance policyholder who has held a policy 10 years or more. They both believe that if a person who has owned a long-term care insurance (LTCI) policy for 10 or more years is notified of a rate … [Read more...] about Advocates Ask for New Rules Regarding LTCI Rate Increases