Quick Skim News from Gordon Associates

Biden Proposes Major Nursing Home Reforms, Most Extensive “In Decades” The Biden administration has announced far-reaching nursing home reforms, targeting staffing and accountability at facilities with deficient care. Advocates are calling the proposals, which include the first-ever federal minimum staffing levels, the most significant reforms in decades.

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Quick Skim News from Gordon Associates

Retiree medical costs are soaring If you’re a retiree dealing with Medicare, you’ve just noticed that your increased (5.9%) Social Security benefit is being reduced substantially by rising costs for Medicare and increased drug costs. Have a client who needs a quote for Long Term Care Insurance?

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Quick Skim News from Gordon Associates

Parent’s Health Decline Might Mean Moving Them into Your Home – What to Do When the Crisis Arises Ideally, your mom and dad will remain healthy and independent. But many people will need some help with daily activities or require supervision due to dementia. There are things

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Quick Skim News from Gordon Associates

ong-term care tops list of retirement concerns of American workers Paying for long-term care, declining health that requires long-term care, and outliving savings and investments are among the top retirement concerns of American workers, according to the results of a new survey. Unsolicited Offers from Your LTCI

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Quick Skim News from Gordon Associates

Washington state is painting lipstick on its one-of-a-kind, long-term-care law Washington State’s new public option for Long Term Care Insurance goes into effect on January 1st. It’s not terribly popular. This opinion piece does a good job of explaining why that is. Incidental ADLs vs. ADLs and

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Quick Skim News from Gordon Associates

10 Fastest-Rising Costs for Older Americans Since 2000 Social Security benefits may be adjusted for inflation but the costs of many goods and services rise faster. So far, more than 200,000 apply for exemption from WA state’s long-term-care fund Washington State has implemented a publicly funded LTCI

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Quick Skim News from Gordon Associates

5 Ways to Keep People With LTC Insurance Healthy Assured Allies is working to help prevent those with long-term care insurance from developing severe dementia or other disabilities A Big Deadline for Washington State’s Long-Term Care Program Is Almost Here WA state’s new public LTCI option is

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Quick Skim News from Gordon Associates

July 2021 Quick Skim Newsletter How Financial Advisors Are Becoming Financial Caregivers Financial advisors will find themselves having to provide aging clients with more support in daily money matters. Most Senior Couples Will Need Long Term Care for at Least One Partner Even among the healthiest older

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