Long-Term Care – Business Insider Australia

News Dec. 11, 2020, 1:47 AM

The US is giving $523 million to 9,000 nursing homes for reducing COVID-19 cases. This is the first time it has given institutions financial rewards for controlling the spread.

The Department of Health and Human Services (HHS) will split $US523 million in incentive payments among more than 9,000 nursing homes for reducing COVID-19 related infections and deaths. The agency gave the first payments out on Wednesday, and said it is “exhausting all measures to ensure nursing homes nationwide are […]

News Aug. 18, 2020, 6:03 AM

More than 200 of the US’s worst-performing nursing homes received millions of dollars from the Paycheck Protection Program

The coronavirus has walloped nursing homes. They represent about 8% of the national caseload and 41% of total US COVID-19 deaths, according to The New York Times. Still, more than 200 of the US’s worst-performing nursing homes and companies that own and operate such facilities received hundreds of millions of […]

News Apr. 24, 2020, 7:25 AM

As many as half of Europe’s COVID-19 deaths were people in long-term care facilities

Up to 50% of the COVID-19 deaths in Europe are associated with long-term care facilities, according to the World Health Organisation. Hans Kluge, the WHO’s regional European director, shared the data in Thursday’s briefing. Kluge said that long-term care has often been “abhorrently neglected.” Visit Business Insider’s homepage for more […]

Markets Jul. 24, 2013, 7:26 AM

SMART INVESTOR: Many Retirees Are Missing Out On This Tax Break

Long-term care credits.

News Feb. 21, 2013, 12:29 PM

30 per cent Of Patients At Long-Term Care Facilities Are On Antispychotics

[credit provider=”Flickr / toehk” url=”http://www.flickr.com/photos/toehk/8023375226/in/photostream/”] Prescriptions for psychotropic drugs, including those sometimes referred to as the “chemical cosh”, soar amongst elderly people who are admitted to residential care homes, a new study shows.The study, in the Journal of the American Geriatrics Society, looks at the prescribing of drugs to calm […]

Markets Oct. 23, 2012, 12:12 AM

The Best Way To Choose Between Life Insurance Or Long-Term Care

[credit provider=”Flickr / toehk” url=”http://www.flickr.com/photos/toehk/8023375226/in/photostream/”] As the kids leave the nest and the mortgage gets paid off, the need for life insurance wanes for many people who have reached late middle age.The focus moves from “How will my family survive without me?” to “Who will take care of me, and […]

Markets Jun. 5, 2012, 2:15 AM

8 Myths You Shouldn’t Believe About About Long-Term Care Insurance

[credit provider=”flickr via remus” url=”http://www.flickr.com/photos/remus/117730609/in/photostream/”] Chances are about 70 per cent that you’ll need long-term care sometime after age 65, according to the nonprofit Life and Health Insurance Foundation for Education (LIFE). And it won’t come cheaply.The median cost of a full-time nursing home room is $81,030 per year, according […]

Markets Nov. 18, 2011, 4:34 AM

Family Caregiving Costs Are Expected To Soar In 2012

[credit provider=”seiuhealthcare775nw” url=”http://www.flickr.com/photos/seiuhealthcare775nw/3584341879/sizes/m/in/photostream/”] Whether you are an older American or have parents or family members who are getting on in years, you need to be aware that the burdens of long-term caregiving will increasingly fall more heavily on families and friends. The financial and demographic forces behind this trend are […]

Markets Nov. 3, 2011, 12:30 AM

The Right Long-Term Care Could Help You Live Longer

If living longer is one of the great success stories of medicine and lifestyle changes, failing to plan for later-life care is one of the great failures.

Markets Oct. 28, 2011, 6:44 AM

Long-Term Care: Good For Your Heart, Bad For Your Wallet?

When it comes to choosing whether to send a loved one to a nursing home or allow them to live independently, sometimes it’s more a matter of the heart than the wallet. It’s no secret that long-term care facilities like nursing homes don’t come cheap and they’ve definitely had their […]

Markets Sep. 15, 2011, 2:17 AM

These Are The Best And Worst States For People Who Need Long-Term Care

[credit provider=”via The Shores at Wesley Manor” url=”http://www.umh-nj.org/tswm/photos.aspx”] Minnesota, Washington and Oregon may have the best long-term care systems available to residents, industry experts say, but all states have a long way to go to offer adequate services for the elderly, sick and disabled.A report released by AARP’s Public Policy […]