Imagine this scenario, perhaps a year or two in the future: An effective COVID-19 vaccine is routinely available and the world is moving forward. Life, however, will likely never be the same — particularly for people over 60.
The long and winding saga behind the Medicare sequestration holiday for home health providers and others has come to a close.
Besides the third round of stimulus payments, multiple expanded tax credits for parents are perhaps the most widely known provisions of the COVID-19 relief bill that President Joe Biden signed into law on March 11. But the expansive legislation, formally known as the American Rescue Plan Act of 2021, contains provisions that affect Americans of all ages, even retirees.
Managing a loved one’s care in a nursing home or an assisted living facility has always been challenging. And it’s harder now that visitation is extremely limited to protect residents from COVID-19. So how can you check on your loved ones, make sure they’re being cared for properly and let them know you’re there for them?
There’s plenty of frightening data on retirement planning in the U.S., even before you consider COVID-19.
Tens of thousands of caregivers providing critical medical support to disabled veterans will be eligible to receive coronavirus vaccine doses soon under a new policy announced by the Department of Veterans Affairs this week.
Medicare data reveals which chronic conditions make seniors especially vulnerable to ending up in the hospital due to the coronavirus.
The pandemic is isolating many elderly Americans—as family members distance themselves, in an effort to keep everyone safe.
As nursing homes in many states start to emerge from a four-month lockdown, residents and their loved ones are desperate for in-person visits. The federal government has issued guidelines for reopening nursing homes to visitors, and more than half of the states have authorized limited visitation.
The coronavirus crisis has cascaded through pretty much all areas of the financial world, leaving very few businesses unscathed. Uncertainty has always been the enemy of financial stability, and unfortunately, foundational questions about how long the recovery will take and what the future will look like post-crisis do not have clear answers. Understandably, this is a cause of worry and concern for many.
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