| 34% of elderly use long-term care insurance in-home
About 34 percent of elderly Americans claiming benefits from long-term care insurance policies last year used them to cover in-home care, according to a study released last week by an industry group. Almost 30 percent of the payments went for assisted living costs, and about 36 percent went for nursing home care, while the total paid out last year came to $3.3 billion, according to the Washington-based American Association for Long-Term Care Insurance. .
Nursing home fee gaining support
Charging nursing homes a state fee would boost their Medicaid reimbursements -- allowing them to hire more staff and buy new equipment -- members of Gov. Martin O'Malley's administration said yesterday.
Health and Mental Hygiene Secretary John M. Colmers said Maryland should join 32 other states and the District of Columbia in charging a fee of up to 2 percent of operating income of nursing homes that have at least 45 beds.
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New Details in Nursing Home Sex Assault Case
(Monday, February 5) WYOU News is learning new details on the sexual assault of a nursing home patient in Luzerne County over the weekend.
Police say the 90-year-old victim could not speak and had no way to defend herself.
On Monday, police and nursing home officials remained tight-lipped, but in court documents, we learned how the sexual assault was uncovered and more about the victim`s condition.
27-year-old David Gula was arrested Sunday morning. Cops say he sexually assaulted the woman while she was lying in her third floor bed.
In court papers, investigators say the 90-year-old victim had Alzheimer`s Disease. She was unable to speak, or communicate verbally.
Police say Gula was caught sexually assaulting the woman by a co-worker, who heard a bed squeaking.
Unknown incident at assisted living center
Fire officials were on the scene this morning of an incident at the New Seasons Assisted Living facility in Washington Township. Fire officials responded to the incident at 600 Medical Center Drive about 6:44 a.m. They would not confirm the incident was a fire, but officials remained on the scene more than 90 minutes after initially reporting.
Courierpostonline.com will post additional information as it becomes available. .
Sunrise REIT soars 35 per cent on takeover deal
An obscure chain of retirement homes was the leading stock on the Toronto Stock Exchange Monday after the board of directors recommended its sale to a U.S.-based competitor for a hefty $2.14 billion. Shares of Sunrise Senior Living Real Estate Investment Trust shot up by 35 per cent or $3.85 on the Toronto Stock Exchange Monday, closing at $14.90 with nearly 19 million units changing hands. That's well above the unit's previous 52-week high of $13.38. Sunrise three-month trading The bid amounts to $15 a unit and represents a 35.7 per cent premium over the $11.05 per unit closing price last Friday. "The board looked at its options over the last little while as we saw companies like ours trading at a higher premium in the U.S. market than they were in Canada," Sunrise CEO Douglas MacLatchy said Monday.
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