May 17, 2018 Herb Weiss

With the graying of America, thirty-five percent of young adults age 18 to 39 already have experience providing care to an older person, according to The Associated Press-NORC Center for Public Affairs Research’s newly released 2018 Long-Term Care Poll findings. The Issue Brief, “Younger Adults’ Experiences and Views on Long-Term Care,” reporting the polls findings also reveals that younger Americans are skeptical that social safety net domestic programs will not be available to them when they need long-term care.  Just 1 in 10 young adults are very confident that Medicare, Medicaid, and Social Security will provide the same level of…

May 8, 2018 Herb Weiss

Credit: Medicare.gov Last month, The Centers for Medicare & Medicaid Services (CMS), begin an initiative to safeguard taxpayer dollars by combating fraud and illegal use of Medicare cards by issuing a new cards that will no longer contain the beneficiary’s Social Security numbers.  The new paper card is still red, white and blue, will use a unique, randomly-assigned number called a Medicare Beneficiary Identifier (MBI), to replace the Social Security-based Health Insurance Claim Number (HICN) currently used on the existing Medicare card.  It will also no longer include gender, signature or other information that could compromise…

April 24, 2018 Herb Weiss

Photo Caption: Stock Unlimited Exploitation and financial abuse by some guardians and conservators remains a real problem that must be addressed, say U.S. Senators Susan Collins (R-ME) and Bob Casey (D-PA), the Chairman and Ranking Member of the U.S. Senate Special Committee on Aging at last week’s morning hearing, titled “Abuse of Power: Exploitation of Older Americans by Guardians and Others They Trust,” in the Dirksen Senate Office Building 562. Cases of financial exploitation against older Americans have increased in recent years and have become more complex, and that many of these situations are not identified…

April 10, 2018 Herb Weiss

  This month, two released reports paint a picture of consumer fraud and its Two reports released this month paint a troubling picture of scammers taking money from their victims. On March 1, 2018, the Federal Trade Commission (FTC) put consumer fraud on the nation’s radar screen by releasing it’s 2017 Consumer Sentinel Network Data Book of complaints received by consumers.  FTC’s data book includes complaints from 2.68 million consumers, a decrease from 2016 when 2.98 million consumers submitted reports about fraud, Despite this, consumers reported losing a total of $905 million to fraud in 2017 — $63 million more than…

March 28, 2018 Judah Gutwein

“Being a Parent to Your Parent” is no longer cliché in 2018. With seniors living longer than ever before, baby boomers and millennials are increasingly faced with the daunting (albeit rewarding) task of caring for an elderly parent or grandparent at home. For some, ‘home’ is the house they grew up in as children, as they coordinate and manage the daily care of their loved ones, thereby allowing them to age in place. For others, ‘home’ means bringing Mom or Dad into their own homes to care for them as one of their immediate family. Regardless, both approaches require huge…