What is Long Term Care? Long-term care (LTC) refers to assistance with daily living activities – including bathing, eating, and dressing – for a prolonged period of time (usually over 90 days). LTC can range from support with Instrumental Activities of Daily Living (IADLs), such as taking medication and shopping, to 24-hour nursing home care. [...]
A few weeks ago, my neighbor, Dan, invited me to a Texas Hold‘em fundraiser at his temple. Normally, gambling isn’t my thing; in fact, the only card game I play now is Uno with my daughter, Taylor. “I’m not sure,” I said. “I’m not much of a gambler.” “Come on. It’s for charity,” he coaxed, “and [...]
While Ron’s View is generally written to appeal to financial professionals, this Update is focused on consumers and their protection. For this week’s Update, All names have been changed. I recently had lunch with a friend who informed me that he had lost $100,000 in a local investment scam. I found this shocking because Larry is [...]
For its February 4th feature article, The Real Cost of Healthcare in Retirement Barron’s spoke to a number of experts about retirement health care and asked HealthView Services to provide customized data to illustrate the challenges facing future retirees. In the introduction to the article, Senior Editor, Reshma Kapedia, came up with a great way to frame the [...]
President Trump has taken the first step in dismantling the Affordable Care Act (ACA, or Obamacare) by signing an Executive Order that gives federal agencies the authority to grant waivers, offer exemptions, and delay provisions if they lower costs. The one-page document is somewhat vague and has failed to outline a specific action, so it [...]
(This Update was written by one of my colleagues, whose parents’ home was destroyed by a fire last week.) At 3:15 in the morning last Thursday, I received a call that anyone who has elderly parents never want to get. “CHRIS! This is your parents’ tenant, Laura. Your parents are fine, but THE HOUSE IS [...]
First of all, I would like to wish all of the Update readers a very happy and prosperous new year. Speaking of prosperity, in terms of market performance – as the Dow closes in on 20,000 – some of you may feel optimistic about the future; others not so much. Regardless of where we are [...]
As a Health Policy Commissioner, I had the opportunity to participate in a two-day public hearing organized by the Massachusetts Health Policy Commission(HPC) in collaboration with the Office of the Attorney General and the Center for Health Information and Analysis. Attendees included the Governor of the State of Massachusetts, Charlie Baker, the Attorney General, representatives from [...]
I am certainly not a scholar on the topic of “virtue,” which the Merriam-Webster dictionary defines as “morally good behavior.” I’ve never read Aristotle’s treatise on what it means to live a good life or The Nichomachean Ethics, his best known work on ethics. But that won’t stop me from applying ancient philosophy to our 21st century world—because [...]
I’ve managed to conquer yet another mini-milestone in the form of a birthday. Looking back, I remember my father hitting various points in life as he aged, and I can state without any doubt whatsoever that I view those happenings much differently today than in years past. Yesterday, my ten-year-old daughter quizzically shouted, “Wow Dad, [...]
