Aging News Alert

Senate Committee Updates 2017 Fraud Book; Takes on Scammers

 

The number of calls to the Senate Aging Committee’s Fraud Hotline more than doubled in 2016 -- a sign that the Committee’s efforts have increased awareness of schemes targeting older Americans, but also a stark reminder that con artists continue to stop at nothing in order to rob unsuspecting seniors of their hard-earned money.

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During this year’s Medicare Advantage Open Enrollment, which started Oct. 15 and runs until Dec. 7, seniors enrolling in Medicare Advantage have seen average monthly premiums drop by 6%, and CMS is proposing changes to continue to drive affordable options for Medicare beneficiaries that meet their unique health needs.
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The most comprehensive data on US donor-advised funds (DAFs) reveals grants from DAFs to qualified non-profits grew 16.9 percent to a record $15.07 billion. DAFs remain the fastest-growing giving vehicle in the US with 285,000 individual donor-advised fund accounts, a 2.6 percent increase from the prior year.
The U.S. health care system lacks the capacity to rapidly move a treatment for Alzheimer’s disease from approval into wide clinical use, a shortcoming that could leave millions of people without access to transformative care if such a breakthrough occurs, according to a new RAND Corporation study.

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