Business and Finance

Issues

Who Will Care for the Caregivers?

There are some 40 million Americans like my patient’s daughter. Every day, they help a parent, grandparent, relative or neighbor with basic needs: dressing, bathing, cooking, medications or transportation. Often, they do some or all of this while working, parenting, or both. And we — as doctors, employers, friends and extended family — aren’t doing enough to help them. https://www.nytimes.com/2017/01/19/upshot/who-will-care-for-the-caregivers.html?em_pos=small&emc=edit_up_20170120&nl=upshot&nl_art=2&nlid=71924083&ref=headline&te=1

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Without Obamacare, could the state pick up the slack?

If President Donald Trump and Republicans in Congress make good on their promises to completely repeal the Affordable Care Act, there may be little recourse for some low-income Washingtonians, officials in Olympia said this week.   http://crosscut.com/2017/01/without-obamacare-could-the-state-pick-up-the-slack/

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Aetna’s $37 Billion Humana Takeover Blocked by Judge

Aetna Inc.’s $37 billion deal to buy rival insurer Humana Inc. was blocked by a federal judge, thwarting one of two large mergers that would reshape the U.S. health-care landscape. Aetna said it was considering an appeal. The transaction would violate antitrust laws by reducing competition among insurers, U.S. District Judge John D. Bates in Washington ruled on Monday. Under the terms of the merger agreement, Aetna owes Humana a $1 billion breakup

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Affordable water may soon dry up, especially if you live here

Remember this number: $120. It’s the average monthly water bill in America. Researchers at Michigan State University predict this figure will rise by $49 over the next five years. And if it does, water may become unaffordable for one-third of American households, according to a study, published recently in PLOS ONE, that maps the U.S. areas due to be hit hardest based on local incomes.   http://www.pbs.org/newshour/updates/affordable-water-may-soon-dry-especially-live/

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Inside Inslee’s carbon tax: A gift for king coal

 OLYMPIA — For years, protecting the climate has been Gov. Jay Inslee’s signature issue. And his 2017 legislative agenda is keyed heavily to passing a tax on the greenhouse gas carbon dioxide. But one surprising new analysis suggests that adopting the tax as Inslee has proposed would at first actually increase the state’s production of greenhouse gases and favor the dirtiest fossil fuel: coal. Unlike the carbon tax rejected by voters on the

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Are we ready for oil spills in the Salish Sea?

"The risk of major spills in the Salish Sea could soon increase dramatically, by as much as 168 percent, thanks to the possible sevenfold rise in oil tanker traffic associated with Kinder Morgan’s Trans-Mountain Pipeline expansion. Canadian Prime Minister Justin Trudeau approved the pipeline in late November. The B.C. government gave it the green light last week." http://crosscut.com/2017/01/trans-mountain-pipeline-oil-spills-salish-sea/

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Aging and Long-Term Support Administration (ALTSA) Report

Linked below is the report given by Bill Moss, Assistant Secretary, ALTSA DSHS, to the Legislature on January 17, 2017. ALTSA report

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As world grays, seniors step up to create an ‘age-friendly’ future

In almost every country in the world, average ages are rising fast, putting pressure on city councils, health-care systems, and national economies. And the solution may be the empowerment of older people themselves. How society embraces people living longer – at home, in the office, in the mall, or at church – will revolutionize the way people experience getting older. “Longevity will change our religion, it will change our work, it will change

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“(Don’t Wanna) Work ‘Til We Die” a new video

http://www.eoionline.org/blog/video-dont-wanna-work-til-we-die/

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2016 Final Report of the Aging & Disability Joint Legislative Executive Committee

The purpose of the committee is to identify key strategic actions to prepare for the aging of the population in Washington, including state budget and policy options, by conducting at least, but not limited to, the following tasks: (i) Establish a profile of Washington's current population of older people and people with disabilities and a projection of population growth through 2030; (ii) Establish an inventory of services and supports currently

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Older Adults Are Still Skipping Vaccinations

It’s an ongoing and vexing public health problem: People once vigilant about vaccinating their children aren’t nearly as careful about protecting themselves as they age, even though diseases like influenza, pneumonia and shingles (a.k.a. herpes zoster) are particularly dangerous for older people.   http://www.nytimes.com/2016/12/02/health/shingles-vaccine.html?mabReward=CTM&recp=4&action=click&pgtype=Homepage®ion=CColumn&module=Recommendation&src=rechp&WT.nav=RecEngine

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Divided America: Easy retirement? Only for a privileged few

Most U.S. households are heading for a worse lifestyle in retirement than they had while they were working, because they simply aren't saving enough, experts say. Thirty-five percent of households in their prime earning years or later have nothing saved in a retirement account and no access to a traditional pension, according to an AP analysis of savings data from the Federal Reserve. http://bigstory.ap.org/article/a0f8d3ab3aed48b2809f3081e2361336/divided-america-easy-retirement-only-privileged-few

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PUD invests $11.2 million in energy-storing units

EVERETT — Don’t be deceived: They look like shipping containers. But the rows of massive metal boxes could contain the utility industry’s future. At least, that’s the hope of officials at the Snohomish County Public Utility District, which is installing a huge battery system near downtown Everett. The district’s goal for the $11.2 million project is to make energy storage cheaper and more flexible for utilities.   http://www.heraldnet.com/news/pud-invests-in-11-2-million-in-energy-storing-units/

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Medicare Proposal Takes Aim at Diabetes

The Obama administration plans  to propose expanding Medicare to cover programs to prevent diabetes among millions of people at high risk of developing the disease, marking the sixth anniversary of the Affordable Care Act with the prospect of a new benefit, federal officials said.   http://www.nytimes.com/2016/03/23/us/politics/medicare-proposal-takes-aim-at-diabetes.html?action=click&contentCollection=Politics&module=RelatedCoverage®ion=Marginalia&pgtype=article

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What Could I Possibly Learn From a Mentor Half My Age? Plenty

How on earth did I become an “older worker?” It was only a few years ago, it seems, that I set out to climb the ladder in my chosen field. That field happens to be journalism, but it shares many attributes with countless other workplaces. For instance, back when I was one of the youngest people in the room, I was helped by experienced elders who taught me the ropes. Now, shockingly, I’m one of the elders. And I’ve watched my industry undergo

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Too Old for Hard Labor, but Still on the Job

LIKE many people, Steve Guadalupe has had a varied career. Now 68 and living in Miami, he started in the Air Force working in personnel. He left in 1983, using his technology background to get jobs at centralized bank data centers. When that work dried up in the late ’80s, he shifted into construction, eventually ending up on a maintenance crew for a six-story medical building on the grounds of the Baptist Hospital of Miami. “Climbing up and

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The art of downsizing

These days, for many homeowners, bigger isn't always better. Many Americans are opting for minimalism and smaller homes over mega mansions and extravagance. Whether you prefer a small, cozy home over a larger, more cavernous one, are an empty nester or just prefer to live a more minimal lifestyle, downsizing is a current trend not only in real estate, but also in home decor.   http://www.recordpub.com/real%20estate/2016/09/02/design-recipes-the-art-of-downsizing

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Love and Burnout: Caregivers, Too, Need Care

Though caregiving can be a profound and moving journey, caregivers’ needs are often overlooked. The health care system is mainly focused on patients; caregivers who are slowly burning out can slip by unnoticed until it is too late. http://www.nytimes.com/2016/09/03/your-money/caregivers-alzheimers-burnout.html

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Pushing back retirement age to 70 would be harder on low-income workers

It sounds like a simple fix to the nation's immense problem of funding Social Security and Medicare for an aging country — just get everyone to work to 70 and the math works out a lot better. But this idea, despite being embraced by a number of politicians, has a long way to go. It's being challenged in academic circles as a new form of inequality. This one has been dubbed "longevity inequality."   http://www.chicagotribune.com/business/columnists/ct-marksjarvis-column-social-security-inequality-0828-20160828-column.html

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Frugal couple wonder if retirement is but a dream

Saving for retirement is a source of financial anxiety for 29 percent of Americans, a recent survey by life insurer Northwestern Mutual estimated. Say hello to two members of that 29 percent: Gail and Sid Ouattara, of Everett. Frugal and focused on paying down their mortgage debt, Gail and Sid Ouattara are concerned they haven’t done enough to invest for retiring in a few years. http://www.seattletimes.com/business/frugal-couple-wonder-if-retirement-is-but-a-dream/

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