Study shows seniors out of pocket health care expenses rising significantly over next two decades

Medicare is a critical lifeline for older adults who need health care as they age. But a new study shows that over the next two decades, out-of-pocket medical costs for older adults are likely to rise significantly, even with access to Medicare.

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Georgia seniors should be careful not to overlook this money saving tax break

ATLANTA - As we inch closer to the tax filing deadline, let's make sure you getting all of the tax breaks coming to you. Here's one that folks in their 60s may be overlooking.

Many folks overlook it because, quite frankly, the title is misleading. It's called the Georgia Retirement Exclusion. It should be called the Georgia Seniors Exclusion because many folks who fall into this category are not retired.

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Study reveals that 91% of seniors believe it’s unfair to pay taxes on Social Security income

It's safe to say that without Social Security millions of senior citizens would be struggling to pay their bills during retirement.

According to January's Social Security snapshot from the Social Security Administration (SSA), the average retired worker was bringing home $1,363 per month. This works out to a little more than $16,300 per year. Though that may not sound like a lot, it's enough to demonstrably lower the estimated senior poverty rate per the Center on Budget and Policy Priorities (CBPP). Estimates from the CBPP show that senior poverty rates with Social Security are just 8.8%, but they would be an estimated 40.5% without it. That's nearly a 32-percentage-point difference!

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Funding is critical for continued care of Florida Alzheimer's patients

One of the foundational components of Florida’s Alzheimer’s Disease Initiative is the network of 15 regional Memory Disorder Clinics (MDCs) that provide comprehensive assessments, diagnostic services and treatment to individuals who exhibit symptoms of Alzheimer’s disease and related dementias.

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Negotiating and checking your bills for errors can help keep medical costs down

This story originally appeared on LearnVest as "How to Tackle Medical Debt (Before Your Credit Gets Wrecked)."

Got a pile of past-due medical bills? Join the debt club. About 25% of Millennials and Gen Xers owe collectors for unpaid doctor and hospital charges. In fact, adults between ages 18 and 50 have the highest percentage of medical debt of any generational group.

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Falls are the number 1 cause of injury to U.S. seniors, but fortunately many falls can be prevented

The No. 1 cause of injury to U.S. seniors are falls. They happen at unimaginable rates. A member of the elderly population receives treatment in an emergency room every 11 seconds because of a fall. Someone age 75 or older dies from a fall every 19 minutes. In 2013, the latest year for which statistics are available, the accrued cost of falls was $34 billion. As Americans live longer, that cost is expected to spike in 2020 to $67.7 billion.

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Insurance Commissioner Jim Donelon warns Louisiana seniors to be on the lookout for "free lunch" scams

BATON ROUGE: Insurance Commissioner Jim Donelon is advising senior citizens to be on the lookout for scammers offering financial services. While the majority of the brokerage firms, investment advisers and investment firms are legitimate, it's important to note that like many other professions, there are those individuals and firms that are not ethical.

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President Trump's budget may have a devastating impact on Florida's Meals on Wheel's program

On Thursday, President Donald Trump unveiled his first “budget blueprint” — a rough outline of the national budget he plans to submit to Congress later this year — and the steep cuts to domestic programs could have a profound impact on local agencies.

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The president plans to keep his campaign promises not to cut Social Security or Medicare

Even though President Donald Trump's budget blueprint does not mention Social Security and Medicare, the administration is not "dodging the issue" and Trump will keep his campaign promises on the programs, said Mick Mulvaney, director of the Office of Management and Budget.

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Taking steps to protect your health now can save you money on healthcare expenses later

You might not think that flossing has much to do with your 401(k).

But stay with that thought for a minute.

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