News Letter

“Discover Your Weekly Source of Information with Our Exclusive Newsletter!”

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November 20,2023 

Your weekly source of news and information sourced from reputable newspapers, magazines, and electronic news outlets across the nation.

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SENIOR CIRCLE:​

Get the Facts on Healthy Aging

Chronic illnesses greatly impact Medicare spending for older adults; individuals with major chronic illnesses usually spend $1,000–$2,000 more per year on medical services than those in better health. Chronic illnesses can make it difficult for a person to carry out daily tasks, reduce their level of independence, and require the use of long-term support and services like in-home care or institutional care.  NCOA OCT 20, 2023

CARE COMP​A​NI​O​NS:

New Nursing Home Staffing Rules: Will They Help?

U.S. Health and Human Services Secretary Xavier Becerra is addressing the urgent need for updated standards in nursing homes, prioritizing resident safety and quality care. Approximately one-fifth of COVID-19 deaths​ in the U.S. have occurred in these facilities, underscoring the crucial importance of implementing enhanced measures Next Avenue, Oct 3, 2023.​

WORK W​ISDOM: 

The Pros of Starting a Business as an Older Entrepreneur

More so after retirement when they have more free time, starting a business later in life can give some seniors a sense of fulfillment and purpose. In order to successfully navigate the business world and steer clear of common pitfalls, older entrepreneurs can benefit from their lifetime of expertise, contacts, and experience. WSJ OCT 2, 2023 

FINAL CHAPTER:​

National Hospice and Palliative Care Month

November has been designated as National Hospice and Palliative Care Month since 1986, acknowledging the crucial role of dedicated caregivers in providing compassionate end-of-life care and supporting patients and their loved ones through difficult times.

 DEATHWITHDIGNITY 6. NOV. 2023

MONEY MATTERS:​

Navigating Retirement: Balancing Finances and Lifestyle

Individuals in their 60s often worry about the best time to retire. A fulfilling retirement also calls for lifestyle adjustments in addition to financial ones. For fewer financial strain in retirement, it’s key to pay off all debts before retiring. To ensure a happy and fulfilling retirement, it’s also vital to evaluate potential sources of income, make long-term care plans, and begin a retirement routine. KIPLINGER NOV 7,2023

FAMILY TIES:

Hands-on grandparenting helps both ways

Among several benefits of interacting with grandchildren for grandparents is that it keeps them engaged and active, both physically and mentally. Furthermore, although loneliness and isolation are common among the elderly, greater socializing through interactions with their grandchildren’s peers, teachers, and other parents can act as a balance and improve their general well-being and quality of life. TheGlobeAndMail Nov 10, 2023​

Top 10 new clothing trends

 05.03.21 | 6 min |  Jeremiah Davis 

How to look professional yet cool in the office these hot summer days? Find 10 perfect combinations… Read more

GOV GUIDE:

Beware of Scams: Safeguarding Veterans

If you are a caregiver or a member of the veteran’s surviving family, you may be eligible for increased burial benefits, which can help with some funeral costs. However, con artists often get in touch with you and offer to handle the paperwork and ensure that you receive the benefits in return for payment. Con artists have been known to pose as VA representatives. However, the VA would rarely reach you by phone, text, or email regarding your banking or financial info. FTC NOV 9 2023

WELLNESS WATCH:

Get the Facts on Healthy Aging

Despite the fact that dental health is crucial for general health and wellbeing, 35% of older persons had not visited a dentist in the previous year. About 17 percent of seniors have lost all of their original teeth. Nutrition and efficient control of chronic illnesses can be harmed by poor dental health. NCOA Oct 20, 2023​

LIVING SPACES:

How to Create Passive Income Through Real Estate Syndication

Through syndication, rentals can give sponsors and investors long-term income, which makes it simpler to purchase a larger commercial property, retirement community, or apartment complex with multiple units. When making the choice to invest, it is key to take into account the property’s past profits as well as the economic path of the vicinity, accounting for elements like future development, property taxes, rental demand, and the job market. KIPLINGER NOV 8, 2023​

INSURE INSIGHT:​

Medicaid Managed Care: A Multibillion-Dollar Business With Little Oversight

Medicaid managed care organizations (MCOs) are a critical component of the U.S. healthcare system, serving around 60 million Americans through state Medicaid programs. These organizations are responsible for overseeing costs, usage, and the standard of care given to Medicaid recipients, collaborating with state Medicaid agencies and receiving capitated payments to sustain provider networks.  FAMILIESUSA NOV 8, 2023​

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