Archive for the ‘Current Affairs’ Category

The donut hole is and has been a big problem for Seniors but help is on the way!

The Medicare Part D donut hole affects many millions of seniors. Seniors with annual drug expenses exceeding $2,830 had to pay all of their drug costs up to $4,550, at which point catastrophic coverage went into effect. Unfortunately, some seniors in the donut hole did not take or cut up their medications. Consequently, this made their condition worse.  Basically, if seniors don’t be sparing or withhold their prescribed drugs, their long-term health improves dramatically. However, the new healthcare law completely phases out the donut hole. Last year, the government sent $250 rebate checks to Medicare recipients in the gap. This…

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Some Startling Senior Stats!

The National Council on Aging (NCOA) is an organization whose goal is to improve the lives of seniors through education, intervention, and resources. The NCOA is also an excellent resource for statistics regarding the health of older Americans.  NCOA’s website . Disease A chronic disease is one that is long lasting or reoccurs in the same patient; examples include heart disease, stroke, diabetes, and cancer. Approximately 80% of seniors have at least one chronic disease, and 50% are dealing with at least two. The National Governors Association states that 75% of the national money spent on health care is used…

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As the baby boom generation approaches retirement age, millions of Americans are facing one wrenching question: What to do about Mom and Dad?

“ABC World News with Diane Sawyer” launches a special series, focusing on the sensitive issues surrounding eldercare.

What’s changed in 6 years since the 2005 PBS Show? Nothing!!!!

From the PBS 2005 Show “& Thou Shalt Honor” some clips Expert Advice Honor the Father and Mother The Challenges of Caregiving Benefits of Prevention See other PBS shows previously mentioned in our Blogs Living Old – broken down Living Old Young at Heart

Small Business and Health Care

If you are a small business owner, health care reform has little to do with politics, and everything to do with how it impacts your business. Try telling that to our representatives in Washington, who seem to bat it about like a cat playing with a mouse. Popular opinion concludes that health care reform is a costly undertaking for small businesses. But, is “popular opinion” right? Some experts say no.In fact, some experts say health care reform is good for small business, and repeal would be harmful. A recent article from Gaebler.com, for example, claims that repeal of the healthcare…

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the recession continues to affect state programs for older individuals and adults with physical disabilities

Faced with significantly falling tax revenues, states are also contending with increasing service demands, forcing many states to impose new limits on non-Medicaid long-term services and supports

More than 1.6 million Americans are expected to file for Bankruptcy this year, with 42% of filers citing “job loss” and another 65% citing “income reduction” as the determining factor.

it’s unfortunate that bankruptcy hits responsible persons the hardest because they likely have the most to lose.

Medicare has never been an easy program to understand.

If you are approaching age 65, you should know that there is no one way of entering into Medicare.

interest bearing business checking accounts.

The amendment repeals a law that prohibited financial institutions from paying interest on business checking accounts.

SBA published a compliance guide to describe “in plain English” requirements to participate in the program.

A few weeks ago I posted about the SBA’s focus on women in business. On October 4th, they filed a final rule aimed at expanding federal contracting opportunities for women-owned small businesses (WOSBs).  On October 28th, the SBA published a compliance guide to describe “in plain English” requirements to participate in the program. Generally speaking, if one or more women own at least 51 percent of a business that qualifies as “small,” according to the SBA’s size standards, they can participate. The 60-page guide clarifies the contracting, certification and eligibility requirements of the program, which goes into effect early next…

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