What’s Included in the Monthly Fees for a Retirement Community?
If you’re considering moving into a retirement community, one of the first things you’ll want to understand is the cost. This includes any upfront costs, like an entry fee (if applicable), as well as the monthly costs. While pricing can vary significantly depending on the location, type of community, type of contract, and level of [...]
Why Behavioral Economics Biases Impact Senior Living Decisions
As people grow older, one of the most significant decisions they may face is whether to remain in their current home or move to a retirement community. This decision is deeply personal and can be influenced by many factors, such as health, finances, proximity to family, and personal preferences. However, whether older adults realize it [...]
Grappling With The Finality of “The Last Move” to a Retirement Community
The decision to move to a retirement community marks a significant life transition, especially for older adults who struggle with their feelings about the finality of the last move. In many cases, this apprehension is not just about downsizing or packing boxes. It crosses into deep emotional territory: feelings of loss, confronting societal taboos, and [...]
Understanding the New Medicare Appeals Ruling for Skilled Nursing Care Coverage
As of October 11, 2024, significant changes have been made to establish appeals processes for certain Medicare beneficiaries who are initially admitted as hospital inpatients but are subsequently reclassified as outpatients receiving observation services during their hospital stay and who meet other eligibility criteria. Here's what you need to know about how this might impact [...]
Working After Retirement …or Not: How to Facilitate Both Options
For the past two weeks, we’ve written about findings from the MHI 2023 Global Healthy Aging Survey. We examined ways social engagement helps older adults remain happy and healthy as they grow older, as well as how their senior living situation can impact quality of life. In this third blog on the survey’s results, we’re [...]
Why Quality of Life and Senior Living Choices Are Correlated
In last week’s post, we wrote about a recent study that emphasized the importance of social engagement in helping older adults remain happy and healthy as they age. That same research also revealed a huge majority of survey respondents said they want to live in their own home, though not all are able to. There [...]