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☆ Many older Americans who will need long-term care won't be able to afford insurance
▼ + stars: | 2023-09-16 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +6 min

“Living a long life is something that many of us want and could get,” said Jesse Slome, executive director of the American Association for Long-Term Care Insurance, an insurance education group. “But when we live a long life, the chances of us needing long-term care increase exponentially. Insurance is an option for someLong-term care insurance, a very niche and complex market, has traditionally been an option for those able to buy policies, but it is far from the norm. “The population of seniors who buy long-term care insurance constitutes a segment of the population who are healthier and their longevity is likely different than the nation as a whole,” said Slome. “Our concern is that … it will get even more expensive for those who have had the modest resources to access long-term care insurance to be able to afford it,” she noted.

Persons: ”, Jesse Slome, Jason Hopper, Ramsey Alwin Organizations: CNN, American Association for, Care Insurance, of Health, Human Services, Insurance, HHS, National Council, Aging, Washington Locations: United States, American, Washington, Pennsylvania, California, New York

☆ Student-loan borrowers risk losing Social Security benefits if they fall behind on payments. Democrats want to make sure that doesn't happen when repayment starts back up next month.
▼ + stars: | 2023-09-14 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Student-loan borrowers who miss payments risk having their Social Security benefits garnished. "It's past time Congress protects seniors and the Social Security benefits they have earned with every paycheck." Those Social Security recipients are at risk of seeing around $2,300 in benefits garnished every year if they go into default. On October 1, millions of federal student-loan borrowers will once again be footing an extra monthly bill. "For many, Social Security benefits are the only source of income they can depend on and it's time we restore that certainty for seniors."

Persons: that's, Raúl Grijalva, John Larson, Ron Wyden, Wyden, they're, she's, Grijalva Organizations: Social, Service, Social Security, Center for Retirement Research, Retirement Research, Education Department, eBay, Seniors Locations: Wall, Silicon

☆ Opinion | No One Wants to Be a Teacher Anymore. Can You Blame Them?
▼ + stars: | 2023-09-13 | by ( Jessica Grose | ) www.nytimes.com time to read: +4 min

Interest in the teaching profession among high school seniors and college freshman has fallen 50 percent since the 1990s and 38 percent since 2010, reaching the lowest level in the last 50 years. It’s important to note that teacher shortages are not uniformly spread across schools, districts or states. So what can be done to help get more teachers into the profession and keep them there? Cutting the costs of a teaching degree is one lever to pull, whether that’s through student loan forgiveness or college scholarships. reported that when adjusted for inflation, “the average salary of teachers has actually declined by an estimated 6.4 percent, or $3,644, over the past decade.”

Persons: Matthew Kraft of Brown, Melissa Arnold Lyon, Kraft, Dorinda Carter Andrews, “, ” Carter Andrews, M.S.U, ” Organizations: Annenberg Institute, School Reform, Brown University, University, Albany, Michigan State University, National Education Association Locations: Colorado, Washington State

Most Americans should get an updated COVID-19 vaccine, health officials said Tuesday. Here is what you need to know about the new COVID-19 shots:WHO SHOULD GET THE UPDATED VACCINE? The agency's panel of outside exerts recommended the updated COVID-19 shots by a vote of 13-1. But federal officials said the new COVID-19 shots still will be free to most Americans through private insurance, Medicare or Medicaid. Similar to how flu shots are updated each year, the FDA gave COVID-19 vaccine makers a new recipe for this fall.

Persons: they’ve, ”, Camille Kotton, haven’t Organizations: Centers for Disease Control, CDC, TED, Drug Administration, Pfizer, Moderna, FDA, Massachusetts General Hospital, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: U.S, Massachusetts, Novavax

☆ Just 1 in 4 college seniors plan to negotiate their first salary—It ‘should always be on the table,' says career expert
▼ + stars: | 2023-09-11 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +1 min

The class of 2024 longs for both job and financial security — and those priorities may be at odds when they negotiate the pay for their first jobs out of college. Some 3 in 4 college seniors graduating next year say they're unsure whether they plan to negotiate their starting pay, that it will depend on the offer, or they're outright not planning to have the discussion, according to Handshake's latest survey of 1,148 students in the class of 2024. Students say their main reason for not negotiating is they're worried an employer may rescind their offer if they do, followed by concerns that doing so will leave a bad impression. The remaining 1 in 4 students say they "definitely" plan to negotiate. But the fear of negotiating is "at odds" with many students' need for financial security, Williams adds.

Persons: Monne Williams, Williams

☆ Walmart to explore buying majority stake in ChenMed, Bloomberg reports
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: 1 min

A shopper is seen without a mask after leaving a Walmart store in Bradford, Pennsylvania, U.S. July 20, 2020. REUTERS/Brendan McDermid Acquire Licensing RightsSept 8 (Reuters) - Walmart Inc (WMT.N) is exploring buying a majority stake in ChenMed, a closely held operator of primary care clinics for seniors, Bloomberg News reported on Friday. The companies are in talks for a deal that would value ChenMed at several billion dollars, Bloomberg reported, citing people familiar with the matter. A deal could still be weeks away, the report said, adding that the terms are not finalized and talks could still fall apart. Walmart and ChenMed did not immediately respond to Reuters requests for comment.

Persons: Brendan McDermid, ChenMed, Nilutpal, Will Dunham Organizations: Walmart, REUTERS, Walmart Inc, Bloomberg, Thomson Locations: Bradford , Pennsylvania, U.S, ChenMed, Bengaluru

WASHINGTON (AP) — Updated COVID-19 vaccines are coming soon, just in time to pair them with flu shots. Approval of updated COVID-19 shots is expected within days. Political Cartoons View All 1148 ImagesHere is what you need to know about fall vaccinations:WHY MORE COVID-19 SHOTS? Earlier this month, European regulators authorized Pfizer’s updated vaccine for this fall, for adults and children as young as 6 months. CAN I GET A FLU SHOT AND COVID-19 SHOT AT THE SAME TIME?

Persons: Mandy Cohen, haven’t, “, ”, David Montefiori, it's, Carla K, Johnson Organizations: WASHINGTON, Centers for Disease Control, CDC, Food and Drug Administration, Pfizer, Moderna, FDA, Duke, WHO, GSK, AstraZeneca, AP, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group Locations: Novavax, Sanofi

☆ I've been saving for a down payment for my first house. Now that my student-loan repayments are starting again, I have to put my dreams on hold.
▼ + stars: | 2023-09-09 | by ( Frank Olito | Senior Reporter | Read More | ) www.businessinsider.com time to read: +6 min

Because of the pause on student-loan repayments, I saved a lot of money for a down payment. Every time I purchased an item I needed, I wondered whether I should save that money for my payments. Since I focused on saving and had the extra money without my loan repayments, I've been able to get close. Why didn't I save money specifically for my loans during the pause? I don't have any answers yet, but the scary reality is I'm going to have to put my dreams on hold.

Persons: I've, Joe Biden, I'm Organizations: Service, Emerson College, SAVE Locations: Wall, Silicon, New York, New York City, Florida

☆ Why Taylor Swift might have chosen theaters for the Eras Tour film's debut, according to experts
▼ + stars: | 2023-09-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Taylor Swift’s fans know the greatest films of all time were never made, but that could be called into question come October 13, when her Eras Tour concert movie is set for release in North America. Experts say that choosing movie theaters for the Eras Tour film’s debut over the small screen is a move fitting of both Swift’s business acumen and relationship with her fans. Unlike her previous concerts, the Eras Tour has become a cultural phenomenon. Others seemed to have their own reasons for concern about the Eras Tour film release’s timing. The “Exorcist: Believer,” originally scheduled to be released on the same day as Swift’s film, moved it up a week.

Persons: New York CNN — Taylor Swift’s, Swift, “ Taylor, “ Taylor Swift, Fearless ”, ”, wouldn’t, Jonathan Kuuskoski, Ralph Jaccodine, Bruce Springsteen, Kiss, that’s, “, “ Barbie ”, “ Oppenheimer, “ Barbie, Michael O’Leary, O’Leary, “ You’re Organizations: New, New York CNN, AMC Theaters, Netflix, Disney, Apple Music, Warner Bros, University of Michigan School of Music, Theatre, Ticketmaster, Berklee College of Music, CNN, National Association of Theater Owners, AMC Locations: New York, North America, France

☆ Seniors Need More Housing. ADUs Are a Start. - The New York Times
▼ + stars: | 2023-09-06 | by ( Michelle Cottle | ) www.nytimes.com time to read: +2 min

“I knew Mom was having a hard time,” Ms. Parrish recalled. Soon the three of them were in search of a way to keep Ms. Dalrymple close — but not too close. Their solution was to build Ms. Dalrymple a small home literally in the Parrishes’ backyard. Ms. Dalrymple sold the California house to fund the construction, and in 2014 she downsized into a custom-designed, 740-square-foot house that suits her needs perfectly. A.D.U.s, whether stand-alone or connected to the main house, are being embraced by a growing number of cities and states in response to their lack of affordable housing.

Persons: Megan Parrish, Pat Dalrymple, Ms, Dalrymple, “, Mom, ” Ms, Parrish, Sam, Quinn, toddles Organizations: California Legislature Locations: Lake Arrowhead, California, Portland ,

☆ Caring for America’s Aging Seniors at Home - The New York Times
▼ + stars: | 2023-09-06 | by ( Michelle Cottle | Larry Fink | ) www.nytimes.com time to read: +1 min

Aging in place, surrounded by familiar places, faces and memories, can provide a sense of comfort and independence. Being an aging nation also means becoming a nation of caregivers, one that requires a new system of support. For most older Americans, care will come from unpaid family members or friends, who contributed around $600 billion worth of free labor to the economy in 2021, according to AARP. Starting in the mid-1990s, he spent several years caring for his mother, who suffered from schizophrenia and lung cancer. With increasing frequency, he shuttled between his home in upstate New York and hers in South Carolina, taking her to medical appointments.

Persons: Dwane Hodges, “, ” Organizations: AARP Locations: North Carolina, New York, South Carolina

☆ Tech Companies in Silicon Valley Can’t Keep Ignoring Seniors - The New York Times
▼ + stars: | 2023-09-06 | by ( Farhad Manjoo | ) www.nytimes.com time to read: +3 min

The tech industry’s hostility to aging “continues to violate common sense,” Joseph Coughlin, the director of M.I.T.’s AgeLab, told me. Through advances focused on health care, home assistance, transportation, robotics and artificial intelligence, technology will be crucial to address the problems emerging from demographic imbalance. “And yet they continue to ignore them.”What can Silicon Valley do for older people? Many of these promise to allow older people a measure of independence from family caregivers or health care facilities. There are companies that use in-home cameras, audio devices and biometric sensors to let health care providers monitor homebound seniors from afar, something like Life Alert for the digital age.

Persons: “, ” Joseph Coughlin, —, ” Coughlin Organizations: Medicare Locations: Silicon, ”

☆ Urban Planning Presents Complex Challenges for Seniors - The New York Times
▼ + stars: | 2023-09-06 | by ( Andy Hong | ) www.nytimes.com time to read: +12 min

But for older adults, our towns and cities are filled with obstacles — stairs, unsafe sidewalks and crossings, inadequate lighting — that grow increasingly difficult for them as they age. Alberto Lau, 78, San DiegoDr. Hong responds: Busy streets and intersections can be challenging for older adults to navigate. Additionally, installing more crosswalks and making them more visible can make it easier for older adults to cross the street safely. Yet more and more older adults need the kind of high-quality transportation that can reliably get them from one place to another. This can be especially important for older adults, who may have slower reaction times or difficulty seeing oncoming traffic.

Persons: it’s, They’re, Alberto Lau, San Diego Dr, Hong, ” Deborah Muccino, Uber, Janice Mundy, Rosner, I’m, I’ve, Jan Ligon, Saralyn Fosnight, Andy Hong, Hirotoshi Iwasaki, Vishakha Darbha, Kaari Pitkin, Carole Sabouraud, Efim Shapiro, Jillian Weinberger, Tenzin D, Meher Ahmad, Ana Becker, Jessia Ma Organizations: New York Times, Department of Transportation, New, University of Utah Locations: “, San Diego, Concord, Calif, Pennsylvania, California, Gig, Pierce County, Rural, Michigan, Detroit, Atlanta, New York City, Chicago, Boston, Kaari

☆ America’s Seniors and the Challenges of Old Age - The New York Times
▼ + stars: | 2023-09-06 | by ( The Editorial Board | ) www.nytimes.com time to read: +5 min

America will no longer bea young nation but an old one. Opinion Can America Age Gracefully? America may still think of itself as a young nation, but as a society, it is growing old. A demographic shift this significant calls for a broad-based response, and the longer the challenges go unaddressed, the more formidable they become. Many older people in the United States say they feel invisible in a country that has long been obsessed with youth, avoiding the inevitability — and possibilities — of old age.

Persons: Maira Kalman Organizations: Census, Social, Great Society, Social Security Locations: America, Japan, United States

The insurer said the rule, which would apply retroactively, was "arbitrary and capricious," and threatened "unpredictable consequences for Medicare Advantage organizations and the millions of seniors who rely on the Medicare Advantage program for their healthcare." Close to half of the approximately 65 million Medicare enrollees sign up for Medicare Advantage. Medicare Advantage plans differ from traditional Medicare because private companies offer them, and are reimbursed by the government for care. Though Humana is based in Louisville, Kentucky, it filed its lawsuit with the U.S. District Court in the Northern District of Texas. The case is Humana Inc et al v Becerra et al, U.S. District Court, Northern District of Texas, No.

Persons: Andrew Kelly, Humana, Biden, Xavier Becerra, District Judge Reed O'Connor, Becerra, Jonathan Stempel, Leroy Leo, Richard Chang Organizations: Humana Inc, REUTERS, U.S, overcharges, Medicare, Services, Jan, U.S . Department of Health, Human Services, CMS, Northern District of Texas, District, Fort, Affordable, Court, Northern District of, Thomson Locations: Queens , New York City, U.S, Louisville , Kentucky, Northern District, Northern District of Texas, New York, Bengaluru

A Huge Threat to the U.S. Budget Has Receded. For decades, runaway Medicare spending was the story of the federal budget. Budget news often sounds apocalyptic, but the Medicare trend has been unexpectedly good for federal spending, saving taxpayers a huge amount relative to projections. In a recent letter to the Senate Budget Committee, economists at the Congressional Budget Office described the huge reductions in its Medicare forecasts between 2010 and 2020. Medicare is growing more slowly than ever, but still more quickly than the rest of the federal budget.

Persons: Ronald Reagan, Barack Obama, that’s, ”, David Cutler, Cutler, haven’t, I’ve, Melinda Buntin, Buntin, Simpson, Bowles, aren’t, Trump, Joshua Gordon, Mitt Romney’s, “, Sherry Glied Organizations: Medicare, ”, U.S, Budget, Harvard, Obama, Affordable, Senate, Congressional, New York Times, Office, White, Office of Management, Johns Hopkins, Social Security, Congress, Federal, Veterans, NASA, Wagner School Locations: Iraq, Afghanistan, N.Y.U, Washington

☆ In Detroit, a Tiny Home Generates a Big Controversy
▼ + stars: | 2023-09-04 | by ( Allan Lengel | ) www.nytimes.com time to read: +1 min

The Tiny Homes, as they’re known, were built by a nonprofit group and have marble shower stalls, granite kitchen countertops and solar panels. They are intended for low-income residents who pay monthly rent of $1 per square foot, plus electricity, with the option to own the home outright after seven years. To date, there are 25 in a three-block area, occupied by residents that include seniors and people formerly homeless and incarcerated, and who earn as little as $7,000 annually. The first set opened in 2017, and construction is slated to begin this fall on a half dozen or so houses on a patch of empty land nearby. The project, which is owned and operated by Cass Community Social Services of Detroit, has been built through fund-raising from foundations and private donors, including rocker Jon Bon Jovi.

Persons: Jon Bon Jovi Organizations: Cass Community Social Services of Locations: Cass Community Social Services of Detroit

☆ Affirmative Action Is Over. Should Applicants Still Mention Their Race?
▼ + stars: | 2023-09-04 | by ( Jessica Cheung | More About Jessica Cheung | ) www.nytimes.com time to read: +5 min

Colleges and universities across the country are scrambling to find legal means of maintaining the levels of diversity they would like to see. Though barred from actively using race as a factor, they will still “see” race in signifiers such as name, ZIP code and, perhaps most notable, what students say about themselves in their essays. “Nothing in this opinion should be construed as prohibiting universities from considering an applicant’s discussion of how race affected his or her life, be it through discrimination, inspiration or otherwise,” he wrote. Brenzel is currently a trustee at Morehouse College, where he is helping its board work through how the ruling will affect admissions. These supplemental prompts represent a new kind of diversity essay question, replacing the old kind that relied on a previous Supreme Court ruling on affirmative action.

Persons: John Roberts’s, ”, Roberts, Jeff Brenzel, Brenzel, Biden, Matthew McGann, —, ” McGann Organizations: Yale, Morehouse College, Amherst College, Black Student Union, Ivy League

☆ Long Covid Poses Special Challenges for Seniors
▼ + stars: | 2023-09-03 | by ( Paula Span | ) www.nytimes.com time to read: +1 min

The dozens of symptoms collectively known as long Covid, or post-Covid, can sideline anyone who has been infected. About 11 percent of American adults have developed long Covid after an infection, the Centers for Disease Control and Prevention reported last month, down from the almost 19 percent recorded from June 2022 to June 2023. People over age 60 actually have lower rates of long Covid overall than those aged 30 to 59. That might reflect higher vaccination and booster rates among older Americans, or more protective behavior like masking and avoiding crowds. Though knowledge of long Covid has increased, she added, much remains unknown about the illness.

Persons: ”, Akiko Iwasaki, Anderson Organizations: Centers for Disease Control, Yale School of Medicine

☆ The White House blasts Marjorie Taylor Greene for risking Americans' 'high stakes needs' by saying she'll only vote to fund the government if Congress moves forward on impeaching Biden
▼ + stars: | 2023-09-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

Rep. Marjorie Taylor Greene said she will not fund the government without an impeachment inquiry on Biden. The White House released a statement criticizing her for risking a government shutdown. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. "I've already decided I will not vote to fund the government unless we have passed an impeachment inquiry on Joe Biden," Greene said during her town hall. Marjorie Taylor Greene🇺🇸 (@RepMTG) August 31, 2023The White House was not thrilled to hear those remarks from Greene.

Persons: Marjorie Taylor Greene, Biden, Joe Biden, I've, Greene, Marjorie Taylor Greene 🇺🇸 ( Organizations: Service, GOP, Ukraine, COVID, Lawmakers, — Locations: Wall, Silicon, Georgia

☆ Applying to College? Here’s How A.I. Tools Might Hurt, or Help.
▼ + stars: | 2023-09-01 | by ( Natasha Singer | More About Natasha Singer | ) www.nytimes.com time to read: 1 min

I spent the last week talking with university officials, teachers and high school seniors about the dreaded college admissions essay. And I’ve been thinking a lot about how artificial intelligence tools like ChatGPT, which can manufacture school essays and other texts, might reshape the college application process. I was particularly interested to learn whether admissions officials were rejiggering their essay questions — or even reconsidering personal essays altogether. Amid a deluge of high school transcripts and teacher recommendations, admissions officers often use students’ writing samples to identify applicants with unique voices, experiences, ideas and potential. How might that change now that many students are using A.I.

Persons: chatbots Organizations: The Times

☆ Ban or Embrace? Colleges Wrestle With A.I.-Generated Admissions Essays.
▼ + stars: | 2023-09-01 | by ( Natasha Singer | More About Natasha Singer | ) www.nytimes.com time to read: +1 min

Rick Clark, the executive director of undergraduate admission at the Georgia Institute of Technology, and his staff spent weeks this summer pretending to be high school students using A.I. The admissions officers each took on a different high school persona: swim team captain, Eagle Scout, musical theater performer. chatbot to produce the kind of extracurricular activity lists and personal essays commonly required on college applications. “Students on some level are going to have access to and use A.I.,” Mr. Clark said. “The big question is: How do we want to direct them, knowing that it’s out there and available to them?”

Persons: Rick Clark, Clark, ” Mr Organizations: Georgia Institute of Technology, Eagle Scout, —, Georgia Tech, “

☆ Biden seeks minimum staff levels at US nursing homes
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

U.S. President Joe Biden and Vice President Kamala Harris hold an event about lowering healthcare costs in the East Room at the White House in Washington, U.S., August 29, 2023. BY THE NUMBERS: The nursing home industry takes in nearly $100 billion a year from U.S. taxpayers, yet many understaff their facilities, the White House said. The new rule proposes that facilities have a registered nurse (RN) on site around the clock. A nursing home would need two registered nurses for each eight hour shift and 10 nurse aids per eight-hour shift, the White House said. To meet the requirements, 68% of nursing homes would have to hire nurse aides and 36% of nursing homes would have to hire RNs, it said.

Persons: Joe Biden, Kamala Harris, Leah Millis, Joe Biden's, Biden, RNs, Doina Chiacu, Daniel Wallis Organizations: White, REUTERS, Rights, Democrat, Thomson Locations: Washington , U.S

☆ We Used A.I. to Write Essays for Harvard, Yale and Princeton. Here’s How It Went.
▼ + stars: | 2023-09-01 | by ( Natasha Singer | More About Natasha Singer | ) www.nytimes.com time to read: +2 min

to Write Essays for Harvard, Yale and Princeton. Whether their use on college applications is ethical is the subject of fierce debate. As high school seniors begin working on their college applications, many are turning to A.I. While the chatbots are not yet great at simulating long-form personal essays with authentic student voices, I wondered how the A.I. So I used several free tools to generate short essays for some Ivy League applications.

Persons: Bard, chatbots ’, ChatGPT, Courtney Barnett Organizations: Harvard, Yale, Princeton, Dartmouth, Ivy League

☆ Column: US Medicare drug negotiations a good start on bringing down healthcare costs
▼ + stars: | 2023-08-31 | by ( Mark Miller | ) www.reuters.com time to read: +6 min

And in 2025, a $2,000 annual cap on out-of-pocket costs for drugs under Medicare Part D takes effect. But drug costs are just one aspect of the healthcare cost problems confronting seniors. Inadequate protection from out-of-pocket costs across the Medicare program also poses a threat. Enrollees in fee-for-service Medicare can appeal direct to Medicare; in Medicare Advantage, the appeal process begins with your specific insurer. She also recommends that enrollees review their monthly statements that explain what healthcare services have been covered.

Persons: Biden, ”, Hector Ortiz, Sarah Murdoch, Murdoch, ” Murdoch, Joe Biden, Mark Miller, Matthew Lewis Organizations: U.S, drugmakers, Medicare, Consumer Financial Protection Bureau, Seniors, Medicare Rights Center, Center, Reuters, Thomson

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