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Topic- Economics of aging
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"Financial wellness" takes on new meaning after COVID-19
The term "financial wellness" has become a popular buzzword, and studies show that an individual's financial situation - and how they feel about it - can have a big impact on their overall wellness and mental health. In fact, a recent survey shows 77% of Americans agree "my financial health also affects my physical and mental health."
moreEconomics of aging
![Challenges face older adults during pandemic recovery-8058 Challenges face older adults during pandemic recovery-8058](/images/listing_research.jpg)
Challenges face older adults during pandemic recovery
COVID-19 has placed a high-intensity spotlight on the deleterious effects of deep-seated ageism, sexism and racism on older Americans, suggests a study from the Harvey A. Friedman Center for Aging at Washington University in St. Louis.
moreEconomics of aging
![AAA/hospital partnerships boost health, curb Medicare costs-7931 AAA/hospital partnerships boost health, curb Medicare costs-7931](/images/listing_research.jpg)
AAA/hospital partnerships boost health, curb Medicare costs
Area Agencies on Aging (AAA) - which provide access to transportation, in-home support, and more to help older adults remain independent - are increasingly partnering with healthcare organizations to address the health-related social needs of older adults and contribute to coalitions that promote community health, according to the authors of a study published in Health Affairs.
moreEconomics of aging
![Europeans underestimate their life expectancy, may not plan properly-7895 Europeans underestimate their life expectancy, may not plan properly-7895](/images/listing_research.jpg)
Europeans underestimate their life expectancy, may not plan properly
Older Europeans, and especially women, frequently underestimate how many years they have left, which could lead to costly decisions related to planning for their remaining life course, according to researchers. The results are likely similar for North America, and have potential implications for active-aging organizations.
moreEconomics of aging
![Stats: $50 rise in out-of-pocket costs tied to lower neurologic meds use-7781 Stats: $50 rise in out-of-pocket costs tied to lower neurologic meds use-7781](/images/listing_research.jpg)
Stats: $50 rise in out-of-pocket costs tied to lower neurologic meds use
As out-of-pocket costs surge for drugs for the neurologic disorders Alzheimer's disease, peripheral neuropathy and Parkinson's disease, people are less likely to take the drugs as often as their doctors prescribe, a recent study reveals. Study author Brian C. Callaghan, MD, of the University of Michigan in Ann Arbor commented, "Of course, if people do not follow their prescriptions correctly, they are less likely to benefit from the drug and see improvements in their condition, possibly leading to complications and higher costs later." Industry professionals need to be aware that not taking medications regularly can also trigger symptoms, potentially affecting an individual's ability to participate in programs or leading to disruptions in group activities
moreEconomics of aging
![Stats: 45% of workers nearing retirement worry about healthcare coverage-7737 Stats: 45% of workers nearing retirement worry about healthcare coverage-7737](/images/listing_research.jpg)
Stats: 45% of workers nearing retirement worry about healthcare coverage
Many people in their 50s and early 60s worry about their health insurance status once they retire, according to a US national survey. Nearly half of respondents (45%) had low confidence in being able to afford health insurance during retirement, and 68% were concerned about potential changes to health insurance associated with changes in federal policies. Worse, Individuals with low confidence in
health insurance affordability were more likely to avoid medical care (13%) and avoid filling a prescription (12%) because of cost.