Monthly Archives: October 2009

65 And Looking For Work

It is well known that during the nation’s gale-force recession, many older Americans who dreamed of retirement continued to work, often because their 401(k)’s had plunged in value In fact, there are more Americans 65 and older in the job market today than at any time in history, 6.6 million, compared with 4.1 million in 2001.

Less well known, though, is that nearly half a million workers 65 and older want to work but cannot …Read more ›

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An OurParents Member Perspective on Nursing Home Care

At OurParents we get many great member reviews written about various care providers, their quality of care, etc. – they are done by people trying to reach out and share their experiences to hep others, and they are invaluable to those families searching for a senior care solution

We recently received a writeup from a member, that, while focused on one specific care provider, was worth sharing to give you a sense of how much …Read more ›

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National Consumer Law Center Releases Report On Reverse Mortgages

Report Draws Comparisons To Subprime Problems
The National Consumer Law Center recently released a report titled “Subprime Revisited: How the Rise of the Reverse Mortgage Lending Industry Puts Older Homeowners at Risk” that highlights abuses from the subprime mortgage market have begun showing up in the reverse mortgage industry. The report notes that some of players have turned their attention to the reverse mortgage market as profits in other areas have dried up.

“In the reverse …Read more ›

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Medicare Premium To Rise 15% Next Year!

The basic Medicare premium will shoot up next year by 15 percent, to $110.50 a month, federal officials said Monday.

The increase means that monthly premiums would top $100 for the first time, a stark indication of the rise in medical costs that is driving the debate in Congress about a broad overhaul of the …Read more ›

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First-Time Internet Users Exhibit Boost In Brain Function!

Boost In Brain Function Seen In First-Time Internet Users After Just 1 Week

You can teach an old dog new tricks, say UCLA scientists who found that middle-aged and older adults with little Internet experience were able to trigger key centers in the brain that control decision-making and complex reasoning after just one week of surfing the Web.

The findings, presented Oct. 19 at the 2009 meeting of the Society for Neuroscience, suggest that Internet training …Read more ›

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Nursing Home Safety: Illinois Task Force Sets Hearing For Tuesday

In Illinois – Gov. Pat Quinn’s new Nursing Home Safety Task Force will hear testimony from elder care advocates, service providers and residents in an open, public meeting Tuesday.

It also announced a Web site — NursingHomeSafety.Illinois.gov — that takes citizens’ comments and recommendations.

“All of us have a role to play in ensuring the safety and well-being of nursing home residents, and we urge the public to join us in this critical work,” …Read more ›

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Medicaid Expansion – Can Shrinking States Budgets Pay For It?

The government programs that provide health care to the poor would expand to cover nearly one in five Americans under health insurance legislation pending in Congress, putting pressure on federal and state budgets,” USA Today reports. “Medicaid, one of the fastest-growing government programs for two decades, and the State Children’s Health Insurance Program would grow from about 50 million people today to more than 60 million in 2019, according to data from the …Read more ›

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Nurse Ratched Or Nurse Kevorkian?

Nurse Is Accused of Using Internet to Encourage Suicides

MINNEAPOLIS — A nurse who authorities say visited suicide chat rooms on the Internet and encouraged depressed people to kill themselves is under investigation in at least two deaths and may face criminal charges that could test the limits of the First Amendment.

Investigators said the nurse, William Melchert-Dinkel, 47, feigned compassion for those …Read more ›

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Internet Use Cuts Depression Among Senior Citizens

Spending time online reduces depression by 20 percent for senior citizens, the Phoenix Center reports in a new Policy Paper released today. In addition to the quality of life benefits, the Policy Paper said reducing the incidence of depression by widespread Internet use among older Americans could trim the nation’s health care bill.

“Maintaining relationships with friends and family at a time in life when mobility becomes increasingly limited is challenging for the elderly,” says …Read more ›

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Research: Income And Poverty Among Older Americans

The Congressional Research Service has its annual research report out today.

Older Americans are an economically diverse group. In 2008, the median income of individuals aged 65 and older was $18,208 but incomes varied widely around this average. One-fourth of Americans 65 and older had incomes of …Read more ›

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