Thinking Positively May Save Your Life

According to the latest report in The Journal of the American Medical Association by Becca Levy, an associate professor of epidemiology and psychology at Yale University who has been researching the effects of negative and positive stereotyping in older adults, suggests that seniors with this positive bias are 44%  more likely to completely recover from a struggle with disability. Study showed that when seniors are introduced to negative stereotyping they are more likely to suffer memory loss, have poor physical functioning and possibly die earlier as opposed to seniors who are introduced to positive stereotyping. More here

Recent Changes May Save Seniors Money On Health Care

According to a recent survey conducted by Aon Hewitt, of nearly 450 private and public sponsors representing 5.8 million retirees, six out of ten companies have or are currently reviewing and revising their current group health coverage plans. Experts claim this is largely due in part to recent changes to the Affordable Care Act (ACA) and that exchanges may produce cost savings for retirees that can run from $500 to $1,000 per year. Many employers are allowing private firms to step in, thus taking themselves out of the equation. “Money goes a lot further in the individual market,” says Kenneth Sperling, Aon Hewitt’s national health care exchange strategy leader. more here.

Retirees Prefer Current Home To Moving, Senior Communities

A large majority of American retirees say they’d prefer to continue to live in their current home over moving into a traditional senior community, according to a report from the Urban Land Institute titled Housing in America – The Baby Boomers Turn 65. The report says there are now three generations of Americans over the age of 65 and their preferences and outlook on housing options is vastly different than it has been in the past. Though most seniors express a desire to stay where they are, current retirees who do move are increasingly moving to cities and suburbs where they can be close to their children, public transportation, and health care. More here and here.