Why More and More Seniors are Unable to Afford Long Term Care Insurance
Long term Care Insurance has gotten much more expensive throughout the years. Fewer and fewer seniors are able to pay the amount needed to have good long term care insurance. According to Fortune, 55% of people over 50 years old decided not to purchase coverage due to its costly price. It has become a rarity for seniors to have it when they need. Only 1% of people over 75 years old buy LTC insurance. The average age of buying the insurance is 55 years old because if one waits until the are 75, the premiums are high AND most people by[…]
Is Long Term Care Insurance worth the cost?
A recent CNN/Money magazine article poses the question: “Is Long Term Care Insurance worth the price?” One could easily ask the question the other way around in order to explore and debate the the issues surrounding this important type of insurance. As the article points out, there have been some substantial rate hikes recently by a few of the major insurers. The cause? Well, put simply, people are living longer and thus filing more claims and using their Long Term Care Insurance benefits at a higher rate than the actuaries anticipated years back. While these rate and premium increases[…]
Smart Numbers-Crunching the numbers on Long Term Care Insurance
There are few of Americans out there with any kind of financial savviness that don’t have some kind of retirement plan, if not a whole portfolio of plans and resources for preparing for the twilight of your life. We pack money away in 401ks and other retirement plans, we invest and save, and we do everything we think we’re supposed to do to ensure that we can have a peaceful and financially-secure retirement. But, one piece of the puzzle that[…]
Old War War II Vet needs Long Term Care
Jack is a 96 year old veteran of WWII. He was a medic and was active in the Battle of the Bulge and other campaigns. After the German surrender, he was sent to Washington State in preparation for the upcoming invasion of Japan. However, he says he was “saved” from sure death by the atom bombs, which forced the Japanese surrender. He then returned to Florida to resume his life and became employed as a jeweler. In the 15 years following the war, he was widowed, remarried, fathered three children and adopted another. In 1954 he bought[…]
Regular Walks Can Increase Brain Size, Study Says
Taking time out of your day for a walk has numerous benefits – preventing obesity, minimizing depression symptoms, and lowering blood pressure are just a few. New research says that regular walks may also help increase brain size and thereby, decrease the amount of aging in the brain.
Walking and Brain Size
The prevalence of Alzheimer’s and other cognitive diseases is growing rapidly. At a time when the number of Alzheimer’s patients is expected to triple by 2050, it is crucial to understand different ways to help improve our brain function and reduce the risk of these diseases.
Researcher Dr. Kirk Erickson[…]
Gene Silencing Emerges as Potential New Therapy for Parkinson’s Disease
If you or a loved one suffer from Parkinson’s Disease, a breakthrough discovery might aid in your future treatment. Scientists have found a way to potentially regulate targeted genes as a form of therapy.
RNA Interference
National Institute of Health researchers found dozens of genes that may be used in the treatment process by utilizing RNA interference, or RNAi. The findings, though especially relevant to Parkinson’s, may also be used in conjunction with other diseases caused by damaged mitochondria.
In some cases of Parkinson’s, defective genes play a role in the development of the disease. These genes are biologically designed to help[…]
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