Monthly Archives March 2020

FAQs on Medicare Coverage and Costs Related to COVID-19 Testing and Treatment

More than 60 million people ages 65 and older and younger adults with long-term disabilities are covered by Medicare. Due to their older age and higher likelihood of having serious medical conditions than younger adults, virtually all Medicare beneficiaries are at greater risk of becoming seriously ill if they are infected with the new coronavirus that causes COVID-19. COVID-19 is an infectious respiratory disease, which currently has no vaccine or cure. Diagnosis of COVID-19 is confirmed through testing, and treatment varies based on the severity of illness. These FAQs review current policies for Medicare coverage and costs associated with testing and treatment
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5 Biggest Retirement Worries For Women In Their Sixties

As women in their sixties approach retirement, they often feel insecure financially. Planning for retirement is stressful enough, but women face a few additional challenges. Longer lifespans, gender pay gap, and more time (on average) out of the workforce can make saving for a comfortable retirement more difficult for women, whether they are single or married. A 2019 study by the NCOA/Ipsos delved into some of the biggest concerns women had about their finances during retirement. Health Care Costs for Women in Retirement It should come as no surprise that more than half (56%) of women aged 60 and older
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The number of millennials with early-onset Alzheimer’s disease is surging, report finds

Independence Blue Cross report examines increased dementia diagnoses Dementia and Alzheimer’s disease traditionally have been considered a concern for older generations. But recent spikes in early onset of these conditions in Americans as young as 30 suggest a different story. Between 2013 and 2017, early-onset dementia and Alzheimer’s diagnoses increased by 83% among commercially insured Americans aged 30 to 44, according to a report released by the health care insurer. That age group includes the oldest millennials. Overall, early-onset diagnoses increased by 200% among commercially insured Americans between ages 30 to 64. That included a 50% jump among those 45 to 54
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