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Tag: care

Numbers of elderly in 24-hour care set to double by 2035

Numbers of elderly in 24-hour care set to double by 2035

Health
The number of people aged 85 and over needing 24-hour care is set to double, says a new study, as an expert warns the care system is "at breaking point".The study, published in the Lancet Public Health journal, analysed the projected health needs of the elderly in England between 2015 and 2035.It found that the number of 65-year-olds and over needing round-the-clock care is also set to rise by a third. The government says adult social care reforms will be set out in the autumn. The modelling study, carried out by Newcastle University and the London School of Economics and Political Science, highlighted the fact that the fastest growing demographic in the UK is elderly people over 85, whose numbers are projected to more than doubl...
Rapid heart imaging system may improve care in developing nations

Rapid heart imaging system may improve care in developing nations

Health
Aug. 29 (UPI) -- A rapid imaging system could improve heart healthcare in developing nations because of reduced costs and easier availability, according to a study in Peru. Researchers determined the new system, which uses contrast dye to measure cardiac structure, function and scarring, was effective at a fraction of the costs and time required for the traditional imaging system. The findings were published Wednesday in the Journal of the American Heart Association. In Peru, 16 percent of the population has cardiovascular disease, researchers say, but screening people there for heart conditions can be difficult. The Cardiac Magnetic Resonance Imaging system, also called cardiac MRIs, are often not available for people in Peru and other developing nations. The method provides detailed inf...
Immigrants cost the health care system less than US-born Americans: Study

Immigrants cost the health care system less than US-born Americans: Study

Health
Slightly over half of Americans — 52 percent — believe that immigrants are a financial burden on the U.S. healthcare system, and two thirds believe that undocumented immigrants should not be eligible for social services provided by state and local governments. A study published Thursday in the International Journal of Health Services finds that immigrants actually use far less healthcare resources than non-immigrants, and may actually subsidize the health care of U.S. citizens. Researchers at Harvard Medical School and Tufts University assessed all peer-reviewed studies since 2000 related to healthcare costs by immigrants in the United States. The authors found that across all age groups, immigrants’ overall healthcare costs were one-half to two-thirds those of people ...
Here's how to save for your child who may need life-long care

Here's how to save for your child who may need life-long care

Finance
If you have a family member with a significant disability, you may be wondering how to care for her or him. Special needs trusts are an option but they often require substantial amounts of money — as much as $ 100,000 up front — and the services of a lawyer. A less expensive way of establishing a trust for a family member with special needs is the pooled trust, available to people with modest assets. Whether or not you have one of these special needs trusts, the ABLE account is another way to set money aside. Not only is it less expensive, it’s much easier. ABLE accounts are tax-advantaged savings accounts f...
Tax planning has two parts: Are you taking care of both?

Tax planning has two parts: Are you taking care of both?

Finance
"Tax planning should be seen as part of financial planning and not be addressed in isolation," said, Gaurav Monga, CFP, while speaking at the ET Wealth Investment Workshop in Delhi yesterday. Explaining further, he said: "Tax planning should be mapped to your overall financial goals and objectives. Also, planning to save your taxes should be an annual exercise whether you earn your income from salary or business." According to Monga, tax planning has two parts: a) Reducing your tax liability on the different types of income earned by you such as salary, interest and so on. b) Reducing your tax liability by investing in tax saving instruments which directly reduces the tax payable on your income. While investing to save tax, most of us make investments which are not suitable for meeting...