Long-term care insurance rates soaring

The cost of long-term health insurance for Bentley University biotechnology professor Lynn Arenella will double in the next year, to about $2,600 annually. This wasn’t supposed to happen. Legislators passed a law in 2012 aimed at protecting consumers from such steep increases. But nearly four years later, amid a tussle between industry and consumer groups, […]

Poorer than their parents? A new perspective on income inequality

Most people growing up in advanced economies since World War II have been able to assume they will be better off than their parents. For much of the time, that assumption has proved correct: except for a brief hiatus in the 1970s, buoyant global economic and employment growth over the past 70 years saw all […]

Medicaid Safety Net Stretched To Pay For Seniors’ Long-Term Care

Donna Nickerson spent her last working years as the activity and social services director at a Turlock, Calif., nursing home. But when she developed Alzheimer’s disease and needed that kind of care herself, she and her husband couldn’t afford it: A bed at a nearby home cost several thousand dollars a month. “I’m not a […]