While Medicare generally provides health insurance coverage for those 65 and older, few people are aware of what is not covered by Medicare or how these costs can be quite high. Medical costs such as dental, vision, hearing, long term care services and other out of pocket expenses are not covered by Medicare. According to The Commonwealth Fund, Medicare beneficiaries spend on average over $3000 per year on out of pocket costs. Such amounts are particularly burdensome to those seniors with low income – a group that makes up about one-half of all Medicare beneficiaries. As the baby boom population becomes eligible for Medicare – further increasing the overall financial burden on the program – any potential reform will need to address those most at risk – the poor.
According to a recent USA Today article (“Extra virgin olive oil staves off Alzheimer’s, preserves memory, new study shows”), researchers at Temple University’s Katz School of Medicine have shown that extra virgin olive oil protects against memory loss, preserves the ability to learn and reduces conditions associated with Alzheimer’s disease. Studying two groups of mice […]
A non-invasive eye scan may be able to detect Alzheimer’s disease years before symptoms occur. Neuroscience investigators at Cedars-Sinai Medical Center in California were able to detect toxic proteins in the retina – located in the back of the eye – which are indicative of Alzheimer’s. Cedars-Sinai called the finding “a major advancement” in identifying […]
Baby boomers planning to retire are often ready to sell their home and buy a retirement home. Many want to move somewhere warm like Florida and others may want to move near their children. As discussed in this Wall Street Journal article, moving near children is a personal decision that is often determined by family […]