Nursing Home Rankings for 2014 Released
A new resource to help consumers choose a nursing home for long term care was released recently.
Best Nursing Homes 2014
US News & World Report published its Best Nursing Homes 2014. The resource lists the top ranked nursing homes in every state across the nation and includes nearly 16,000 facilities. The rankings can be searched by state and zip code and even include close to 100 of the country’s major metropolitan areas.
A new version of the rankings is released annually and 2014 is the 6th year in a row the resource has been published. In[…]
Regular Walks Can Increase Brain Size, Study Says
Taking time out of your day for a walk has numerous benefits – preventing obesity, minimizing depression symptoms, and lowering blood pressure are just a few. New research says that regular walks may also help increase brain size and thereby, decrease the amount of aging in the brain.
Walking and Brain Size
The prevalence of Alzheimer’s and other cognitive diseases is growing rapidly. At a time when the number of Alzheimer’s patients is expected to triple by 2050, it is crucial to understand different ways to help improve our brain function and reduce the risk of these diseases.
Researcher Dr. Kirk Erickson[…]
John Hancock Sees Increase in Long Term Care Insurance Sales
The insurance provider John Hancock reported positive 4th quarter results for their long term care division, including an increase in sales.
John Hancock 4th Quarter Results
Manulife, better known as John Hancock in the United States, released its 4th quarter earnings recently and showed an uptick in sales of Long Term Care Insurance, indicating positive changes ahead for the company.
The company as a whole reported $138 million in net income in the 4th quarter of 2013, compared to $148 million in the same quarter of the previous year. Manulife also reported $282 million in total revenue, compared to a much higher[…]
Unum Applies for Long Term Care Insurance Rate Increases in Connecticut
A Long Term Care Insurance provider recently applied for rate increases in the state of Connecticut.
Unum
Two divisions of Unum are seeking premium hikes for certain Long Term Care Insurance policies. Provident Life and Accident Company is one of them. They are asking for an increase of 65% of certain policies sold within the state between 2003 and 2009. The rate hike will apply to 260 individual policies.
Like many other companies, Unum and its subsidiaries have been faced with the increasing cost of health care, paired with the higher than expected claims rates.
Many Long Term Care Insurance providers have been forced[…]
California Bill Would Prohibit Long Term Care Insurance Gender Based Pricing
A bill proposed in California legislature this week would eliminate gender based pricing from long term care insurance policies and prohibit companies from enacting similar pricing models in the future.
Gender Based Pricing
Assemblywoman Mariko Yamada (D- Davis) introduced AB 1553 on Tuesday, citing the current insurance pricing system as unfair discrimination.
“Gender discrimination has broad public policy implications,” Yamada said in a statement. “Women earn less than men in their lifetime and accumulate less wealth, so charging women more for the same policies is neither a fair nor effective solution to covering the industry’s costs. Pricing based on life expectancy sets[…]
Low Levels of Omega-3 Fatty Acids Linked to Brain Aging
Foods high in omega-3 fatty acids have long been praised as food vital to brain functioning. A new study found more evidence that points to the importance of omega-3 fatty acids in helping maintain brain health.
Research
Researchers analyzed data from a recent study called the Women’s 
Health Initiative Memory Study to determine the effect that consumption of omega-3 fatty acids has on the brain. They compared health records of 1,111 women who were an age of 70 years old and had no signs of dementia at the start of[…]
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