Reuters Money

Identity theft among family members affects millions

October 21, 2011

Two million to three million elderly parents had their identities stolen between 2006 and 2010 by a younger family member for fraudulent reasons including opening lines of credit, according to a new study.

What next for long-term care after CLASS act folds?

October 17, 2011

Kathleen Sebelius, Secretary of Health and Human Services REUTERS/Joshua RobertsThe federal government threw in the towel on creating a public option for long-term care coverage last week, and that would seem to be definitive for now.

For-profit or not: What to consider when choosing a nursing home

August 23, 2011

As a state-appointed consumer advocate overseeing complaints about Florida’s long-term care industry, Brian Lee became curious about corporate ownership earlier this year. He sent nearly 700 letters to every nursing home in the state requesting information about which entities owned which facilities.

Long-term care insurance gets a makeover

August 16, 2011

Less than two decades ago, Meryl Comer and her husband Dr. Harvey Gralnick embodied the American Dream: He was a physician, while she had built a career as an Emmy-winning reporter, producer and broadcast journalist. Everything looked perfectly in place for their careers to soar, their nest egg to grow.

Long-term care funding wrapped up in deficit debate

August 3, 2011

The following is a guest post by Brad Allen. The opinions expressed are his own.

The debate over funding long-term care has gotten renewed energy – but no greater clarity – from the current deficit reduction discussions roiling Washington.

As cost of care rises, families bear the burden

July 25, 2011

Months after Terri Corcoran married in 2000, her new husband began to show signs of fatigue and memory loss.

Alzheimer’s: Early planning critical to financial health

July 20, 2011

Jean Dorrell knew something was wrong when the birthday card her father usually sends two weeks ahead of schedule didn’t arrive in the mail.

Golden Girls 2.0: Shared housing as a retirement strategy

July 1, 2011

Those Golden Girls may have been on to something. Alternative living arrangements — like the group house featured in the popular 80’s sitcom — are gaining steam among retired women, affording them a higher standard of living, in-home support services and companionship while aging in place.

Eldercare: How to hire your kids to take care of you

June 15, 2011

Long before the phrase “sandwich generation” took hold, seniors in declining health turned to children or other relatives for essential tasks such as cleaning, grocery shopping, doing laundry or driving to doctors’ appointments. Now, a growing number of families put a price on such devotion though caregiver contracts.