Articles on "Medicaid"
know the laws and the numbers Beginning in 2014, there were some changes to a variety of laws that may interest elders and their loved ones. The following updated laws are particularly relevant for seniors and their families who are attempting to plan for the future. Gift and Estate Taxes: The annual gift tax exclusion continues at $14,000. This means a wealthy relative can give away gifts totaling $14,000 per year, per individual, and the benefactor will not incur a [...]
The trustees who oversee Social Security and Medicare release their annual financial reports today. An aging population and an economy that has been slow to rebound are straining the long-term finances of Social Security and Medicare, the government’s two largest benefit programs. Medicare is in worse shape than Social Security because of rising health care costs. But both programs are on a path to become insolvent in the coming decades, unless Congress acts, according to the trustees. Last year, the [...]
Inabelle Levin has always loved going to the opera and attending concerts and plays. But among her various interests, nothing compares to her passion for teaching. And through her personal determination and research along with the help of Greg Sieb, an aging-in-place specialist, she can now remain at home working as an academic tutor. For several months, Inabelle’s family and friends were urging her to move into an assisted living home. Due to the difficulty she has with mobility, they [...]
Are you or a loved one struggling with health issues that are making it harder to remain at home? Are you looking for care to help you recover from surgery or an injury? Do you need help with household chores or activities of daily living? Is managing a long-term illness becoming more difficult? Home Health Care is a rapidly growing field in the senior care industry that may help families negotiate these challenges and remain in their own home. When [...]
A personal response system (PRS), sometimes called a PERS (personal emergency response system) answers the need of many older Americans for both security and independence. Many organizations, including the American Association of Retired Persons (AARP), encourage their use, but for the consumer choosing from among the many brands on the market, buying a PRS can be confusing. What is a PRS? A PRS is a relatively simple tool to help keep the user in contact with friends, family, and, if [...]