A kind, caring and compassionate caregiver can make a huge difference in the life of a senior. That is exactly what why Josephine Okutu is the Homewatch CareGivers caregiver of the year.
DetailsMost Long Term Care insurance (LTCi) is structured with a use it or lose it benefit, meaning there is typically not a death benefit associated with LTCi. An insured can pay premiums for years pass away and thus derive no benefit after years or even decades of premium payments. Now there is another threat, the…
DetailsNorthbrook, IL Home Care Agency, The Home Care Spot, is proud to be recognized by Google as a Top-Rated provider of in-home care and support services throughout Chicago and the North Shore suburbs. If you or a loved one is in need of in-home care or support services in the Chicago metro area, we are…
DetailsChinese tech giant Tencent has teamed up with a London healthcare firm Medopad to develop artificial intelligence software that can diagnose Parkinson’s Disease in minutes. The new AI system has been trained to spot Parkinson’s by looking at existing video footage of patients. The video analysis was done in collaboration with Kings College Hospital in London. Dr…
DetailsThe development and rollout of new standalone long-term care insurance products has been almost non-existent for a decade. Aiming to break that trend, New York Life Insurance Company recently rolled out a new and innovative long-term care insurance product. This new product brings a shot in the arm to a market that has suffered a number…
DetailsBy Jose Marques Lopes, PhD Motor fluctuations, treatment with antidepressants, disease severity, and deep brain stimulation (DBS) are among the risk factors that contribute to frequent falls in patients with Parkinson’s, a large-scale study reports. According to researchers, identifying predictors that put Parkinson’s patients at the greatest risk for falls can aid in early intervention to prevent these…
DetailsPrudential and MetLife post gains in adjusted operating earnings Prudential Financial’s second-quarter profit tumbled nearly 60% from a year ago in the latest quarter. PHOTO: VICTOR J. BLUE/BLOOMBERG NEWS By Leslie Scism Prudential Financial Inc.’s second-quarter net profit tumbled nearly 60% from the year-earlier period as it bolstered its reserves for long-term-care insurance policies in a product line…
DetailsWould-be insurance buyers may be declined coverage more frequently, however new policy holder could see fewer rate hikes. Insurers are getting pickier about who qualifies for a long-term-care insurance policy — good news for the long-term health of an otherwise ailing industry, but potentially bad news for clients who find it harder to qualify for coverage. Companies…
DetailsPublished Tuesday 24 April 2018 By Tim Newman Fact checked by Jasmin Collier According to the latest research, a chemical commonly found in fish might prevent Parkinson’s disease. The team also unearth a unique mechanism that could help design better drugs to attack neurodegenerative diseases. A fish-heavy diet may help to prevent neurodegenerative conditions in later life.…
DetailsInsurance companies cannot arbitrarily raise premiums for existing customers without the approval of the state insurance department. Elliot Raphaelson The issue: When people live past 65, there is a high probability that they will need some form of long-term care. The background: A major problem for many insurance companies in the long-term care industry is that they…
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