Money and Computing
Kaiser Health News: A Guide to Long-Term Care Insurance
"If you’re wealthy, you’ll be able to afford help in your home or care in an assisted living facility or a nursing home. If you’re poor, you can turn to Medicaid for nursing homes or aides at home. What’s the difference between long-term care insurance and medical insurance? Long-term care insurance is for people who may develop permanent cognitive problems like Alzheimer’s disease or who will need help with basic daily tasks like bathing or dressing. It can help pay for personal aides, adult day care, or institutional housing in an assisted living facility or a nursing home. Medicare does not cover such costs for the chronically ill." more »
Loss of Local Newspapers Accelerating, Northwestern University Study Finds
"Medill researchers for the first time used predictive modeling to estimate the number of counties at risk of becoming news deserts. Those models show that another 228 counties are at high risk of losing local news. In creating that “Watch List,” Medill researchers and data scientists applied the characteristics of current news deserts to counties with only one news source. Medill’s annual “State of Local News Project” report also counts about 550 digital-only local news outlets, 700 ethnic media organizations and 225 public broadcasting stations producing original local news. Most of the digital-only startups are based in metro areas, exacerbating the divide in America between news-haves and have-nots." more »
Rose Mula Reprise, Not My Parents' Church: It's Saturday Mass and I'm Wearing Slacks and Sneakers! No Hat! Not Even a Lace Square Pinned to My Head!
Rose Mula Writes: What’s more, the priest is speaking English — not Latin! And though said priest is still a he, he is often now assisted by altar girls — not always boys. And shocker of shockers — yesterday's sonorous organ music is often replaced by rocking guitars. Can it be? The 20-year-old me remembers weddings where the leading lady's entrance could not be heralded with Here Comes the Bride, which was considered secular and thus banned from the church. Bummer! A wedding without Here Comes the Bride was like lasagna without ricotta cheese... Also, when I was young, a cousin married a non-Catholic (shameful!), and the ceremony had to be performed in the rectory. Such a "sacrilege" could be permitted only in the priests' house — not God's... That it was allowed at all was probably to prevent the couple from seeking a non-Catholic church to marry them. A few years later, however, still another cousin had the gall to fall in love with a Protestant, and they actually were allowed to take their vows inside the church — but only outside the altar rail — not on the altar itself. more »
Facing Financial Ruin as Costs Soar for Elder Care
"The financial toll on middle-class and upper-income people needing long-term care was examined by reviewing data that the HRS collected from 2000 to 2021 on wealthy Americans, those whose net worth at age 65 was in the 50th to 95th percentile, totaling anywhere from $171,365 to $1,827,765 in inflation-adjusted 2020 dollars. This group excludes the super-wealthy. Each individual’s wealth at age 65 was compared with their wealth just before they died to calculate the percentage of affluent people who exhausted their financial resources and the likelihood that would occur among different groups. To calculate how many people were likely to need long-term care, how many people needing long-term care services were receiving them, and who was providing care to people receiving help, we looked at people age 65 and older of all wealth levels in the 2020-21 survey, the most recent." more »