ELF News Archives
January 2006
- Md. hopes citizens add long-term care cost to retirement plans -
Many baby boomers are just coming to grips with saving for retirement, and now they're being nudged to think about another big expense - long-term care.
Maryland is one of three states this year participating in a federal campaign to raise awareness of long-term care.
LA Times 1/30
- Nursing homes ready for disaster? -
There are 144 nursing homes with almost 7,500 paients in Maine.
The extent of disaster planning and coordination by emergency officials varies widely across Maine.
Maine Today 1/30
- It's Time to Face Up to the U.S. Medicare Crisis -
When you look at the problems facing America, the cost of health care is at the top of the list. It will soon hit the crisis stage, if it hasn't already...If the size of a problem is any indication of its likely priority on the president's agenda, reforming health care will be front and center. According to the most recent Medicare trustees report, the present value of the program's obligations -- what Medicare will have to pay over an infinite time period in today's dollars -- totals $68.1 trillion.
Bloomberg 1/28
- Elder abuse rising -
The number of elder abuse and/or neglect complaints reported has been increasing statewide over the past few years and more than half of them are substantiated.
News Advance 1/24
- Health Savings Accounts Not Attracting Many, But Boomers Biggest Buyers -
The HAS provides tax incentives to Americans to put aside funds for health care, and although they have not really taken off, those that are joining are baby boomers. The 2005 Insurance Audits says 56 percent of households with an HAS are people between the ages of 40 and 60.
Health Savings Accounts 1/24
- Senior Citizens Are Living Treasures -
Do yourself and your kids a favor, visit or call your elderly relatives soon and make sure to tell them that you love them. Or, if you don’t happen to be close to them, how about visiting a local Senior Citizen’s home?
Lew Rockwell 1/21
- Aging populace faces crisis in long-term care -
With the first baby boomers reaching age 65 in six years, "I think we're in for a train wreck,"
Star Bulletin 1/20
- The Edcomm Group Offers Training to Bankers on Financial Elder Abuse -
Because the complicated nature of managing their finances puts many elderly banking patrons in the vulnerable position of becoming victims of financial fraud, it’s estimated that 5 million seniors are victims of financial exploitation, physical abuse or neglect annually. Sadly, approximately 84% of elder abuse cases go unreported.
Edcomm 1/20
- Baby boomers demand new definition of retirement -
For many budget experts, 2006 brings with it a prominent milestone on the road to fiscal doom. This month, the baby boomers – the bumper crop of Americans born between 1946 and the year the Beatles first toured America – will turn 60...That leaves a mere two years before they are eligible to start collecting Social Security, and just five years before they can flash their Medicare cards in the doctor’s office. By 2030, when the gang will be over 65, the baby boomers could sink the body politic in a sea of red ink.
Peninsula On-line 1/20
- Inspectors Often Fail to Spot Problems in Nursing Homes -
Life-threatening problems and other serious deficiencies in U.S. nursing homes are often missed by state inspectors, says a new report from the federal Government Accountability Office.
Health Central 1/20
- The Defined Benefit Pension Crisis -
America 's defined benefit pension plans are in crisis. Traditional defined benefit (DB) pensions are usually paid to retired employees based on years of work and final salary. Although still common at large companies, they have fallen out of favor at small and mid-sized firms...The majority of existing DB plans are significantly underfunded.
NCPA 1/20
- America's pension time bomb -
Some of the nastiest conflicts in America's future have recently begun to reveal themselves. Let's call them, broadly, the pension wars.
CNN News 1/13
- Wall and Main: The Pension Crisis -
The first crisis is the most worrisome for workers: Too many pension plans aren't adequately funded or are already in default. The companies in the Standard & Poor's 500 that have traditional pension plans need to put aside another $40 billion this year to fully fund the plans, according to S&P.
ABC News 1/13
- Seniors denied Rx drug benefits -
Medicare's new prescription-drug program is causing thousands of low-income seniors and disabled Americans to lose their drug benefits, prompting at least 14 states to pay for their prescriptions.
USA Today 1/13
- Medicare drug plans bewilder senior citizens -
In their frustration, says Nancy Milewski, many senior citizens are "throwing up their hands," and remarking, "I can't deal with this," after trying to understand the Medicare prescription drug plan that went into effect Jan. 1.
Choteau Acantha 1/13
- Woman's death could be result of elder abuse -
A Los Angeles County Coroner's spokesman said Wednesday that a Rowland Heights woman who died in a hospital might have been the victim of elder abuse.
SGVTribune 1/13
- Elder Abuse is Phenomenon Beginning to Rear its Obnoxious Head -
This he added is due in part to the fact that typical African cultural values and norms are slowly giving way to alien values and norms that do not hasten to shun and relegate the elderly to a space characteristic of helplessness.
The Point 1/09
- Take action to stop elder abuse -
But in the UK over half a million of our older people are abused and neglected every day. They are robbed, beaten, harassed, humiliated and assaulted. And this happens whether they are living at home or in care.
Bexley Express 1/09
- Neglect at 2 Nursing Homes Is on Videotape, Spitzer Says -
A 70-year-old diabetic man with dementia, bedridden in a Rochester nursing home, depended on nurses to turn him over to prevent bedsores..."There are instances when people are sitting in their own urine and feces for hours and just being ignored," he said in a telephone interview. "These are the kind of inadequacies family members fear."
New York Times 1/08
- Nursing homes depend on Medicaid but say it doesn't cover all costs -
About 83%, or 29,000, of Tennessee's 35,000 nursing home residents are covered by Medicaid. But the payments for those patients just don't cover the bills, say nursing home operators, which depend on the reimbursements to pay for everything from food to rent to staffing.
Tennessean 1/08