• Skip to main content
  • Skip to footer
  • Facebook
  • Google Business
  • Email

Insurance For Over 65

Serving Georgia, Alabama, and Florida

  • Home
  • About
    • Monthly Newsletter
  • Blog
  • Testimonials
  • Our FAQ Section
    • Medicare FAQ
    • What You Should Know About Medicare and HSA’s
    • 2024 Medicare Costs
    • How Do You Change Medicare Plans?
    • Life Insurance FAQs
  • Contact

Greg Nicholaides

October 18, 2024 By Greg Nicholaides

These Habits Can Help You Live to Be 100

By Becky Upham

Healthy AgingNews

June 21, 2024

Key Takeaways

  • A new study looked at different lifestyle factors that help people live to 100.
  • The researchers found that exercise was associated with a 31 percent higher likelihood that a person would become a centenarian, followed by never smoking (25 percent higher chance) and a healthy diet (23 percent more likely).
  • Even for people who are already 80 or older, good lifestyle choices increase the odds of reaching 100.

What does it take to live to be 100 years old? If you answered good genes mixed with a little luck, you may be in for a surprise: There are actually a few habits that increase your chances of joining the “centenarian club,” according to a new study.

When it comes to lifestyle choices, physical activity appears to be the most important to extend life into the 100s, followed by never smoking and having a healthy diet, says a coauthor of the study, Xiang Gao, MD, PhD, a professor and researcher at the Institute of Nutrition at Fudan University in Shanghai.

These findings highlight the importance of a healthy lifestyle in maximizing lifespan, both in younger people and those who are 80 or older, the authors wrote. “Our findings suggest that adhering to a healthy lifestyle is important, even later in life,” says Dr. Gao.

The Big 3 Factors in Living to 100

Although there’s plenty of evidence that people following a healthy lifestyle generally have a lower risk of many chronic diseases, the researchers wanted to find out if practicing certain habits after the age of 80 would continue to have life-extending benefits.

People aged 80 or older who could potentially live to 100 by 2018 were randomly selected from a nationwide survey. Researchers matched centenarians with four “controls” who were the same age and sex but who died before reaching 100, for a total of 5,222 participants in all. 

The investigators then collected data through face-to-face interviews, and included age, sex, place of residence, years of education, marital status, and if they had any chronic conditions such as diabetes, heart disease, hypertension, or cancer.  Lifestyle factors, including smoking, alcohol use, exercise, dietary diversity, and body mass index (BMI), were combined to create a healthy lifestyle score. 

Never or not smoking, not drinking or moderate drinking, regular exercise, dietary diversity, and a BMI within the normal range were all considered favorable. For each category, participants were assessed on both their current and former status.  Scientists evaluated participants’ diets based on how often they ate fruit, vegetables, fish, beans, and tea. The more often they ate foods from that group, the higher their diet diversity score. Overall, a higher healthy-lifestyle score was associated with greater odds of reaching 100 years. 

When viewing each element individually, researchers found that exercise was the most important factor in longevity and was associated with a 31 percent higher likelihood a person would become a centenarian, followed by never smoking (25 percent higher chance) and a healthy diet (23 percent more likely). 

Alcohol Use and BMI Weren’t Linked to Living to 100

Researchers didn’t find a significant link between alcohol use or BMI and the likelihood of living to be 100 years old. Although the study wasn’t designed to discover why that might be the case, investigators suggested that moderate alcohol use wasn’t necessarily related to adverse health outcomes, and that a higher BMI may have a protective effect against frailty in older people. 

When scientists calculated the healthy-lifestyle score using only exercise, diet, and smoking status, they found that a higher score was even more strongly linked to centenarians. Compared with people with the lowest score, people with the highest healthy-lifestyle score were 60 percent more likely to be a centenarian. 

This type of study can be valuable but represents only one pillar in our understanding of how people can live longer, says Valter Longo, MD, a professor of gerontology and biological sciences and the director of the Longevity Institute at the University of Southern California in Los Angeles, who was not involved in the study.

One issue is that the method of data collection can sometimes oversimplify or hide important nuances. “For example, someone reporting low protein intake could be very healthy, but in some cases could also be someone who is malnourished. In that group of ‘low protein intake’ you would then be combining the very healthy and the malnourished, which would hide the health effects of the diet,” he says.

It’s Never Too Late to Start Making Healthy Changes

Dr. Longo agrees a healthy lifestyle can help improve the chances of seeing your 100th birthday and says that it’s never too late to make positive changes, especially when it comes to a healthy diet.  People who get regular exercise, see good healthcare providers, and have a biological age lower than their chronological age all have improved chances of hitting the century mark as well. Biological age is based on an analysis of chemical modifications in your DNA that can estimate how quickly or slowly you’re aging compared with your peers. 

Expert Advice for Getting Into the ‘100 Club’

Longo has written books on longevity and developed a fasting mimicking diet (FMD) that lowered participants’ biological age by about 2.6 years. Here are his tips for eating to live longer.

Eat mostly vegan. Longo suggests a primarily plant-based diet that limits meals with fish to a maximum of two or three per week. Choose seafood with a high omega-3, omega-6, and vitamin B12 content (salmon, anchovies, sardines, cod, sea bream, trout, clams, shrimp) and try to choose ones with low levels of mercury.

Keep protein intake low. If you are younger than 65, keep protein intake low – between 0.31 to 0.36 grams (g) per pound of body weight. That comes to 40 to 47 g of protein per day for a person weighing 130 pounds (lb), and 60 to 70 g of protein per day for someone weighing 200 to 220 lb.  After age 65, you should slightly increase protein intake by way of fish, other lean proteins, eggs, dairy (he suggests goat and sheep products), beans, nuts, and legumes.

Minimize saturated fats from animal and vegetable sources. Limit meat, cheese, and sugar, and maximize good fats and complex carbs. 

Focus on whole grains and veggies. That includes tomatoes, broccoli, carrots, legumes and generous amounts of olive oil (3 tablespoons per day).

Filed Under: Uncategorized

September 20, 2024 By Greg Nicholaides

Money Worries Top Seniors’ List of Health-Related Concerns: Poll

By Dennis Thompson – HealthDay News – May 6, 2024

Key Takeaways

  • Seniors in the U.S. are worried about health care costs, a new poll says
  • Five of the six top health-related issues had to do with cost
  • Cost worries run across all different groups

Worries over health-related costs are plaguing the minds of older Americans of all backgrounds, a new poll suggests. Five of the six health-related issues that most people found very concerning had to do with health care costs, according to results from the University of Michigan National Poll on Healthy Aging.  And the sixth issue – financial scams and fraud – also had to do with money, results show.

“In this election year, these findings offer a striking reminder of how much health care costs matter to older adults,” Dr. John Ayanian, director of the University of Michigan Institute for Healthcare Policy and Innovation, where the poll is based, said in a news release. The poll is supported by AARP and Michigan Medicine, U-M’s academic medical center.

Overall, 56% of people over 50 said they’re concerned about the cost of medical care for older adults, poll results show. Other top concerns included assisted living costs (56%), prescription medicine costs (54%), scams and fraud (53%), cost of health insurance or Medicare (52%), and the cost of dental care (45%), the poll found.

The same six topics rose to the top regardless of age, gender, race, ethnic group, region of the country, political ideology or income level, researchers said.

Other topics rounding out the top 10 health issues included access to quality assisted living (38%), overall quality of health care (35%), inaccurate or misleading health information (34%) and access to affordable healthy food (33%).

“This survey validates AARP research that shows affording health care is a kitchen table issue among older adults, their families, and their caregivers,” AARP Senior Vice President of Research Indira Venkat said in a news release. “It is critical that we continue improving health care access and affordability for the millions of Americans struggling to pay for insurance premiums and copays, prescription drugs, and long-term care while putting food on the table and paying bills.”

However, differences emerged between groups beyond issues related to health care costs, the poll found. For example, women were more likely than men to say they’re very concerned about access to quality home care, assisted living or nursing home care (44% versus 32%). Women were also more likely to say they’re concerned about social isolation and loneliness (34% versus 22%) and aging in place (33% versus 22%).

Half of Black older adults (50%) said they were concerned about racial or ethnic discrimination, compared with 26% of Hispanic older adults and 15% of whites. Black seniors also were more likely to say they were more concerned about age-based discrimination, unequal access to health care and unequal access to mental health care.

“As our society strives to improve the health and well-being of people as they age, it’s important to understand to what extent different health-related topics are of concern for older adults and how perspectives vary,” poll director Dr. Jeffrey Kullgren said in a news release. “The high level of concern about cost-related issues across demographic groups points to a particularly important opportunity for action.”

The poll was conducted online and via phone in February and March 2024 among 3,379 adults 50 and older.

Greg Says can attest to the results of the Univ. of Michigan survey based on conversations with our clients. We like to remind our clients that “health insurance” does not ensure good health, a healthy lifestyle does that.  Even so, things can happen that will impact our quality-of-life ie; accidents, pandemics, and heredity for example.  We’re here to help our clients remain protected from the high cost of healthcare which continues to escalate.  Call us if you have concerns about your coverage – 404-210-7970.

Filed Under: Uncategorized

September 20, 2024 By Greg Nicholaides

Grand Stories: Seniors Reflect on the Timeless Connection Between Grandparents and Grandchildren

By Dan Smith

In the tapestry of family, the relationship between grandparents and grandchildren weaves a narrative of love, wisdom, and cherished moments. As seniors reflect on the timeless connection they share with the younger generation, a mosaic of heartwarming stories emerges, illustrating the profound impact that spans generations.

A Symphony of Laughter and Lessons:

For many seniors, the relationship with their grandchildren is a symphony of laughter and lessons. Whether it’s recounting tales from their own youth or imparting timeless wisdom, grandparents become storytellers, weaving a rich tapestry of shared experiences.

Passing Down Traditions:

Grandparents often serve as the torchbearers of family traditions. From holiday rituals to culinary secrets, the passing down of traditions fosters a sense of continuity and connection, creating lasting memories that grandchildren carry into their own lives.

Unconditional Love and Acceptance:

The bond between grandparents and grandchildren is a sanctuary of unconditional love and acceptance. Seniors often express the joy of watching their grandchildren grow, embracing their unique personalities, and providing a safe haven where love knows no bounds.

Wisdom Across the Generations:

Grandparents, with the wisdom garnered through a lifetime of experiences, offer invaluable insights to guide their grandchildren. Whether it’s navigating challenges, making life choices, or simply sharing pearls of wisdom, the intergenerational exchange is a source of profound learning.

Quality Time and Shared Adventures:

The moments spent together, whether in quiet conversations or shared adventures, become the building blocks of a strong bond. Grandparents relish the opportunity to impart life lessons while creating treasured memories that transcend time.

Grandparents as Pillars of Support:

In the journey of life, grandparents often stand as pillars of support for their grandchildren. Their unwavering encouragement, comforting presence, and belief in the potential of the younger generation become guiding lights that shape the paths of those they love.

Cultural Roots and Identity:

Grandparents play a pivotal role in nurturing a sense of cultural identity. Through stories of heritage, family origins, and ancestral roots, they instill a pride in cultural heritage that becomes a cornerstone for grandchildren to build upon.

Technology Bridging the Gap:

In the digital age, technology serves as a bridge that spans generational gaps. Grandparents and grandchildren connect across distances through video calls, sharing snippets of their lives and maintaining a closeness that defies physical boundaries.

Legacy of Love:

As seniors reflect on their connection with grandchildren, they acknowledge the legacy of love they are creating. The love, values, and traditions passed down through generations become a testament to the enduring impact of familial bonds.

Conclusion:

“Grand Stories” is a celebration of the timeless connection between seniors and their grandchildren. It encapsulates the essence of shared laughter, the wisdom exchanged, and the enduring love that forms the foundation of familial ties. As seniors reflect on the chapters they’ve written together with their grandchildren, it becomes evident that the grandparent-grandchild relationship is not just a connection across generations; it is a legacy of love that continues to unfold with each passing day.

Filed Under: Uncategorized

September 20, 2024 By Greg Nicholaides

Biden Cap on Drug Costs Will Save US Seniors Over $1,000 a Year, Study Finds

August 28, 2024

By Ahmed Aboulenein and Amina Niasse

More than 1 million people in the U.S. will save over $1,000 a year beginning in 2025, when an annual $2,000 cap on prescription drug out-of-pocket costs kicks in, the leading lobbying group for older Americans said on Wednesday.

The cap, introduced as part of President Joe Biden’s Inflation Reduction Act, applies to the Medicare program for people age 65 and over and those with disabilities. Its prescription drug component, known as Part D, provides coverage for around 56 million people.

AARP, which lobbied in favor of the law, commissioned health consultancy Avalere to conduct a study on the new benefit and published a report on the findings on Wednesday. The $2,000 cap will lower prices in 2025 for more than 3.2 million people, or around 8.4% of Part D beneficiaries who do not receive other subsidies, AARP said in its report.

That represents a stark change from how Medicare Part D previously worked. Before the Inflation Reduction Act, beneficiaries who did not qualify for low-income subsidies were required to pay 5% of drug costs regardless of how much they had already paid.

The cap is expected to provide long-term savings, particularly for those most in need, even if Part D premiums rise next year as expected, Leigh Purvis, an AARP prescription drug pricing expert, said during a press briefing. By 2029, the lowered cap will help 4.1 million people, or around 9.6% of beneficiaries, AARP said.

The biggest impact will be felt by those who use high-priced, branded drugs the most. Diana DiVito, 82, said the cost of the treatment she takes for chronic leukemia has averaged $858 per month over more than five years.

Her co-insurance was 33% of the drug’s cost until she reached the Part D cap of several thousand dollars. After that, she still had to pay 5% of the drug’s cost, DiVito said. In 2024, the law eliminated that additional payment. “When I saw the first copay, I almost had a heart attack,” DiVito, an AARP member, said during the briefing. “It’s a tremendous weight off my shoulders and I’m incredibly grateful.”

Almost 40% of people who reach the cap between 2025 and 2029, some 1.4 million, will save more than $1,000 a year, including 420,000 people, or around 12%, who will save more than $3,000 annually. Currently, some patients pay over $10,000 a year, AARP said in its report.

The study excluded Part D beneficiaries who receive low-income subsidies and pay nominal amounts for drugs from its analysis.

“The money seniors will no longer have to spend out-of-pocket is money they can invest in their families, broader health needs or simply save to achieve greater financial stability,” AARP CEO Jo Ann Jenkins said.

Filed Under: Uncategorized

August 15, 2024 By Greg Nicholaides

Milliman Reveals Health Care Costs for 65-Year-Olds Retiring in 2024

PLANSPONSOR – July 30, 2024

Remy Samuels

A 65-year-old couple will need $395,000 in combined savings to afford the cost of certain Medicare plans in retirement, according to the Milliman Retiree Health Cost Index. 

The average healthy 65-year-old retiring in 2024 is projected to spend a significant amount on health care over the course of their remaining lifetime, according to the 2024 Milliman Retiree Health Cost Index. 

The two most common health care coverage options chosen by Medicare-eligible retirees are Medicare Advantage and Original Medicare with Medigap plus Part D. A healthy 65-year-old man retiring in 2024 with a MAPD (Medicare Advantage with Rx Drug) plan is projected to spend $128,000 on health care in his remaining lifetime, and a woman with the same coverage is projected to spend $147,000 in her remaining lifetime, according to Milliman. 

Health Care Costs on the Rise 

To afford these costs, Milliman projected that a man with a MAPD plan needs to have at least $86,000 in savings and a woman with the same coverage needs at least $96,000 in savings. The Milliman Index projected that this is the amount of savings (net of taxes) needed at age 65 to pay a retiree’s remaining lifetime health care “total spend,” assuming an investment return of 3% per year.  

For a 65-year-old man retiring in 2024 with Medicare plus Medigap plus Part D, the costs are even higher, as they are projected to spend approximately $281,000 on health care expenses throughout retirement and a woman with the same coverage is projected to spend $320,000. 

The difference in cost is largely because women on average live longer than men, according to Milliman. The retired man was projected to live until 88, and the woman until 90, in Milliman’s calculation.  

The cost of health care in retirement will also depend on several other factors, Milliman explained, such as when someone retires, where they live during retirement and what Medicare benefit plan they choose. The cost of Medicare Advantage, Medigap and Part D plans can vary greatly by state. For example, in Florida, a 65-year-old retiring in 2024 with a lifespan of 88 can be expected to spend upwards of $340,000 on health care, as opposed to around $260,000 to $280,000 in Texas. 

Retirees have less control over factors such as health status or how long they will live – both of which are primary drivers of how much their health care will cost.  

Milliman also measured the savings needed for a healthy 65-year-old couple in 2024 compared with 2023. A hypothetical couple retiring in 2024 will need to save approximately $7,000 more than they would have in 2023 if they have Original Medicare plus Medigap and Part D coverage, and $8,000 less if they have a MAPD plan, all else being equal.  

How Health Care Costs Have Changed 

As a result of the Inflation Reduction Act, there were significant changes to Medicare Part D Rx Drug coverage in 2024. Out-of-pocket expenses were significantly reduced because of the law’s elimination of cost sharing in the catastrophic phase of insurance coverage, but as a result, this increased the plan liability, driving an increase in premiums.  

In addition, there has been continued growth in spending on major brand name drugs like GLP-1s – which includes medications like Ozempic and Wegovy – even when only covered for diabetes and not obesity, as well as SGLT2s, that slow heart failure, and certain autoimmune drugs. These costs also contributed to increasing premium and out-of-pocket costs, and the trend is expected to continue over the next couple of years, according to Milliman. Higher prescription drug costs have also increased short-term health care cost expectations over the next couple years.  

Impact of Retiring Earlier vs. Later 

Most people cannot apply for Medicare until age 65, so retiring early means health care costs can be much higher for the individual. For example, if someone retires five years before they are eligible, at age 60, they can expect to pay 56% more for health care expenses if enrolled in Original Medicare plus Medigap (Plan G) plus Part D, and 86% more for health care expenses if they enroll in a MAPD plan than they would if they waited until age 65 to enroll. 

Conversely, delaying retirement allows retirees to boost savings and continue earning income and employer-sponsored benefits like health care. Retiring at age 70, for example, would allow a retiree to pay 29% less on health care expenses than if they retired at 65 and are enrolled in Original Medicare plus Medigap plus Part D. They would pay 30% less for health care with a MAPD plan. 

“Healthcare expenses are an important and sometimes overlooked component of retirement planning,” said Robert Schmidt, a Milliman principal and co-author of the Retiree Health Cost Index, in a statement. “By taking a realistic look at their health status and healthcare expenses, and then budgeting accordingly, people can take steps to enjoy a less stressful, financially healthier retirement.”

Greg Says is aware that most Medicare beneficiaries find plan option terminology a bit confusing.  Please don’t hesitate to reach out to us at InsuranceForOver65 for help in understanding your Medicare plan options especially as we head into the Annual Election Period (Oct. 15 – Dec. 7) during which you can change plans for 2025.

Filed Under: Medicare

  • « Go to Previous Page
  • Page 1
  • Interim pages omitted …
  • Page 3
  • Page 4
  • Page 5
  • Page 6
  • Page 7
  • Interim pages omitted …
  • Page 42
  • Go to Next Page »
  • Facebook
  • Google Business
  • Email

Copyright © 2025 | Insurance For Over 65