What’s News!  May 5 - 11, 2008

Your weekly link to national (50-plus) news and information from newspaper and magazine publications, news organizations and web resources nationwide! Click here to receive this free service via e-mail.

Health:

Medicine:

Mind:

Medicare:

  • Hard Sell to Medicare Insurance Buyers Would Get Softer Under New Rules: The Bush administration proposed on Thursday to crack down on the aggressive marketing of private Medicare insurance plans by outlawing unsolicited visits and telephone calls to beneficiaries, regulating commissions paid to sales agents and increasing the fines that could be imposed on insurers. The New York Times, May 9.
  • States Look to Rein In Private Medicare Plans: State officials say they will soon ask Congress for more power to regulate the marketing of private Medicare insurance plans to older Americans because they are still receiving complaints of high-pressure sales tactics that have led some beneficiaries to sign up for unsuitable policies. The New York Times, May 5.

Personal Finance:

  • Reverse mortgages aren't the only option for seniors: Reverse mortgages are one way for house-rich but cash-poor seniors to tap into their equity without having to sell. But there are other options to consider as well. Los Angeles Times, May 11.
  • Boomers' spending goes bust: Fear of a protracted recession has hit the affluent baby boomer segment of the population, prompting them to downsize their lifestyles. MarketWatch, May 6.

Retirement:

Fraud:

  • Identity thieves prey on patients' medical records: Doctors' offices, clinics and hospitals are a fruitful hunting ground for identity thieves, who are using increasingly sophisticated methods to steal patient information, lawyers and privacy experts say. USA Today, May 7.

Work:

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