Do you have a story like this one? I’d like to say that stories such as mine simply don’t happen anymore but the truth is that they happen all the time. A story by Elisabeth Rosenthal in The New York Times looked at a modest medical procedure-stitching a wound closed. By her estimates, the…
Do you have a story like this one? I’d like to say that stories such as mine simply don’t happen anymore but the truth is that they happen all the time. A story by Elisabeth Rosenthal in The New York Times looked at a modest medical procedure-stitching a wound closed. By her estimates, the cost of…
Heidi Heffron-Clark inherited a $300,000 IRA from her late mother, Ruth Heffron. An inherited IRA must begin distribution within a year of inheritance and finish within five years to ensure that the funds cannot be passed on through generations without paying income tax. During that five-year period, Clark and her husband opened a pizza…
Admitting a loved one to a nursing home can be very stressful. In addition to dealing with a sick family member and managing all the details involved with the move, you must decide whether to sign all the papers the nursing home is giving you. Nursing home admission agreements can be complicated and confusing,…
Moral hazard is an economic term that refers to the undue risks people are willing to take if they don’t bear the responsibility for the consequences.
A Forbes article in March of 2013 offered Concierge Medicine as an option for patients seeking better medical care especially with looming doctor shortages.
Some elderly and disabled individuals qualify for both Medicare and Medicaid programs. A new program in the state of Washington would combine the two programs for the so-called dual eligibles. By doing so, the cost savings from eliminating duplicated services could then be shared by the two programs.
Hearing loss is often associated with aging but according to new research published in the online version of The American Journal of Medicine, women with higher body mass index (BMI) and a larger waist circumference were found to be at a higher risk for hearing loss while those with a higher level of physical…
In 1988, Congress enacted provisions to prevent long-term care expenses from depleting a couple’s life time savings and leaving a spouse still able to live at home with little to no resources for his/her own expenses. That provision has since become known as spousal impoverishment. Under the provisions, a certain amount of the couple’s combined…
This weekend there was a story on the news about the City of Vancouver in Canada, outlawing the doorknob.
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