Seniors covered by Medicare have been hit hard by sharply rising prescription drug costs. HealthMarkets explains the 3 steps that Medicare is taking to reduce these costs and shares 3 resources to help older adults save money on prescription medications now. Over 70% of all Medicare recipients are enrolled in Medicare Part D prescription drug coverage plans. With so many Americans…
When you’re a breast cancer caregiver or a patient, making sure essential legal documents are in place is an important task. Making wishes known, appointing someone to carry out those wishes when necessary, and properly documenting everything must be done in order to protect the patient. An attorney from ARAG shares 4 essential legal documents that a breast cancer patient needs to…
Someone with Alzheimer’s or dementia can’t carry on a conversation the same way they used to because of the changes in their brain. Without realizing, we might put them under pressure if we communicate in ways that don’t work well for them. To avoid causing frustration or anger, Caring.com shares 3 pitfalls to steer clear of when talking to someone with dementia.…
Insurance plans are complex and confusing. Because of this, it can be hard to understand how changes will affect our wallets. But a recent change is likely to skyrocket prescription drug costs for seniors. FamilyWize explains what copay accumulators are, why they increase prescription drug costs, and how seniors can combat those rising costs. U.S. insurance companies are adding copay accumulators…
Prescription medications are a significant cost for most seniors. That’s especially true if they fall into the Medicare Part D coverage gap known as the “donut hole.” That’s when drug costs can skyrocket because they’re not covered. FamilyWize shares 5 expert tips on how seniors can afford to pay for prescriptions when they’re in the Medicare donut hole. For many people,…
Caregiver stress can cause serious negative effects to your physical and mental health. One major source of stress is the caregiver financial burden. You do what’s necessary to help your older adult get the care they need. But that care often comes at a high cost. To reduce the financial burden, Vive Health shares 7 tips for saving money on caregiving expenses –…
Caring for someone with Parkinson’s disease means adapting to a new way of life, learning how to manage symptoms, and helping them stay as independent as possible. Vive Health explains what Parkinson’s is and how symptoms affect daily life. They also share helpful tips on preventing falls, increasing independence, managing freezing episodes, and managing Parkinson’s medications. What is Parkinson’s disease? Parkinson’s…
Keeping your older adult’s teeth and mouth healthy can be challenging because aging and health conditions can make them more vulnerable to dental problems. Corson Dental shares expert tips on how to prevent, treat, and manage common dental problems in older adults. Wisdom may come with age, but so does a multitude of problems associated with aging teeth and gums. A…
Tens of millions of Americans suffer from lung disease, typically caused by smoking, infections, and genetics. That’s why many older adults need home oxygen therapy to help their breathing. O2Assist shares tips on how to properly clean and maintain an oxygen concentrator, the key component in oxygen therapy. Many people with chronic lung disease (like chronic obstructive pulmonary disease, aka COPD)…
Assisted living or nursing care is expensive and many older adults will need to use Medicaid to pay for it. To qualify for Medicaid benefits, many older adults “spend down” or try to reduce their assets to meet the requirements. But the rules are complex, so doing this without help from an elder law attorney could lead to penalties or denial of…
