Archive for October, 2007

Article: States’ Underfunding of Senior Long-term Care Undermines Medicare Stability

Wednesday, October 31st, 2007

Article

Article: Life insurance company ratings: What you should look for

Wednesday, October 31st, 2007

This is an important article. Print it out and refere to it.

Article: Reverse mortgages: one option for future security

Wednesday, October 31st, 2007

Article

Article: Rural nursing homes face crisis in Medicaid funding

Wednesday, October 31st, 2007

Article

Article: Study: 1 in 7 over 70 suffer dementia, McKnight LTC News & Assisted Living

Wednesday, October 31st, 2007

Study: 1 in 7 over 70 suffer dementia

 

October 31 2007

Nearly 15% of seniors age 71 and older have dementia of some sort – and nearly two-thirds of those have Alzheimer’s disease, a new analysis suggests.

That is equal to about 3.4 million Americans with dementia of some kind, according to the National Institutes of Health-sponsored study. It is the first to estimate rates of dementia and Alzheimer’s disease using a nationally representative sample of seniors across the country, researchers said.

 

The analysis was part of the Aging, Demographics and Memory Study (ADAMS), which itself is a part of the larger Health and Retirement Study (HRS). Findings were published online this week in “Neuroepidemiology.”

Article: Nursing Home Room Averages $78,000, McKnight LTC News & Assisted Living

Wednesday, October 31st, 2007

Survey: Nursing home room averages $78,000

 

October 31 2007

The costs of private and semi-private rooms rose 3% nationwide during the last year, slightly higher than the rate of inflation, according to survey results released Tuesday. The average cost of a private nursing home room jumped to $213 per day, or $77,745 annually. The average cost of a semi-private room hit $189 daily, or $68,985 per year.

Meanwhile, average assisted living costs remained nearly the same – $2,969 per month, or $35,628 annually, according to the 2007 MetLife Market Survey of Nursing Home and Assisted Living Costs.

 

Nursing home charges continued to be the highest in Alaska ($510 daily, or $186,150 yearly) and lowest in Baton Rouge, LA ($123 daily, $44,895 annually).

 

Average assisted living costs were the highest in and around Washington D.C. ($5,031 per month, or $60,372 annually) and lowest in Indianapolis ($1,963 monthly, $23,556 yearly).

 

Also discovered: The percentage of assisted living facilities offering dementia care jumped to 59% from 48% over the last year. Full survey results can be found here.

Article: What Is Long Term Care Insurance?

Wednesday, October 31st, 2007

Article

Article: You Can Ease Women’s LTC Fears

Tuesday, October 30th, 2007

Article

Article: AARP Study Finds US Has Much to Learn from German Long-Term Care System

Tuesday, October 30th, 2007

Article

Article: Daughter’s signature good enough for arbitration agreement, federal court says, from McKnight’s LTC News & Assisted Living

Tuesday, October 30th, 2007

Daughter’s signature good enough for arbitration agreement, federal court says

 

October 30 2007

An arbitration agreement signed by the daughter of a long-term care facility resident is enforceable – even if there were claims that the signature was obtained without an adequate understanding of the document’s meaning or importance, a federal court has ruled.

Trinity Mission Health & Rehab of Holly Springs (MS) was entitled to enforce an arbitration agreement signed by the daughter of Luanna Campbell, who was admitted to the facility. Lizzie Bowens’ signature was binding because her mother had diminished capacity to handle her own affairs at the time of her admission, and the agreement was otherwise reasonable, according to the U.S. District Court for the Northern District of Mississippi ruling.

 

Court documents also show that representatives of Campbell’s estate admitted that Bowens knowingly signed a do not resuscitate form for her mother.

 


css.php