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Topic- Economics of aging
AAA/hospital partnerships boost health, curb Medicare costs
Area Agencies on Aging (AAA) - which provide access to transportation, in-home support, and more to help older adults remain independent - are increasingly partnering with healthcare organizations to address the health-related social needs of older adults and contribute to coalitions that promote community health, according to the authors of a study published in Health Affairs.
moreEconomics of aging
Europeans underestimate their life expectancy, may not plan properly
Older Europeans, and especially women, frequently underestimate how many years they have left, which could lead to costly decisions related to planning for their remaining life course, according to researchers. The results are likely similar for North America, and have potential implications for active-aging organizations.
moreEconomics of aging
Stats: $50 rise in out-of-pocket costs tied to lower neurologic meds use
As out-of-pocket costs surge for drugs for the neurologic disorders Alzheimer's disease, peripheral neuropathy and Parkinson's disease, people are less likely to take the drugs as often as their doctors prescribe, a recent study reveals. Study author Brian C. Callaghan, MD, of the University of Michigan in Ann Arbor commented, "Of course, if people do not follow their prescriptions correctly, they are less likely to benefit from the drug and see improvements in their condition, possibly leading to complications and higher costs later." Industry professionals need to be aware that not taking medications regularly can also trigger symptoms, potentially affecting an individual's ability to participate in programs or leading to disruptions in group activities
moreEconomics of aging
Stats: 45% of workers nearing retirement worry about healthcare coverage
Many people in their 50s and early 60s worry about their health insurance status once they retire, according to a US national survey. Nearly half of respondents (45%) had low confidence in being able to afford health insurance during retirement, and 68% were concerned about potential changes to health insurance associated with changes in federal policies. Worse, Individuals with low confidence in
health insurance affordability were more likely to avoid medical care (13%) and avoid filling a prescription (12%) because of cost.
Economics of aging
How much seniors housing will be needed going forward?
NIC has uncovered some complex interactions between occupancy and rent growth in assisted living property markets, with implications for evaluating the attractiveness of a market for seniors housing investment or development. Its latest report investigates a four-year window - from 3Q 2015 through 3Q 2019 - in 31 primary markets, both in aggregate and individually. It delves deeply into factors affecting both strong performance and deceleration and provides useful insights for organizations considering expanding, consolidating, merging, etc. The freely available white paper highlights key trends.
moreEconomics of aging
Social mobility linked to life expectancy
A first-of-its-kind study found that social mobility - the ability of individuals to exceed the socioeconomic status of their parents - may play an important role in explaining why gaps in life expectancy between rich and poor people in the US are larger in some places than in others. The findings have policy and potential programmatic implications for the industry.
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