Long-Term Care Insurance: Is It Worth It?

For older adults who need long-term care, either in the home or in an institutional setting, long-term care insurance has often been touted as an ideal solution. But after decades in the healthcare coverage market, such insurance has not been found to be a one-size-fits-all solution, or even a viable option for many. Rising long-term care costs and concerns about the best coverage solution have created a potential crisis for a large portion of the aging population. According to a recent article in the New York Times, national figures are telling: Approximately 70% of individuals over the age of 65 will need long-term care before they die. Median annual costs for semi-private nursing home car

Senior Healthcare Technology: Embracing the Digital

Keeping up with the latest and upcoming assistive technology is a must these days for any senior care professional. We particularly enjoy Laurie Orlov’s regular coverage of the subject on her aging in place technology blog. Recently, we checked out Orlov’s point of view on last month’s Connected Health Symposium in Boston. The conference’s subtitle was “The Internet of Healthy Things,” a fitting phrase for the gathering. The symposium, sponsored by Boston’s Partner’s Healthcare system, focused on improving “patient digital experience” in the healthcare realm. Orlov highlighted five interesting new technology companies in her post. They included: Affectiva, a company whose mission is to “dig

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