State moves to cap long-term care insurance premium rate
HB 2333
reforms will protect seniors from skyrocketing annual rates
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[February
22, 2013]
CHICAGO -- Illinois Department
of Insurance Director Andrew Boron announced on Wednesday an effort
by the department to protect long-term care policyholders. The
Department of Insurance, with help from state Rep. Robyn Gabel, 18th
District, Evanston, has proposed
House Bill 2333, which calls for a 15 percent annual cap on the
premium rate for a policyholder's long-term care insurance.
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Social Security: Electronic payments become mandatory March 1
By
Judith Bartels, Social Security district manager in Springfield
SPRINGFIELD -- Beginning March
1, with few exceptions, all federal benefits, including Social
Security and Supplemental Security Income benefits, are to be paid
electronically. That's according to a rule from the U.S. Department
of the Treasury.
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Seniors warned about a scam to get cash
Dept. on
Aging offers clues that someone may be victim of financial
exploitation
SPRINGFIELD -- Illinois
Department on Aging Director John K. Holton, Ph.D., is warning
seniors about an attempt to scam seniors and steal their money. The
department is acting to alert Illinois seniors, based on a report by
Springfield police that two elderly females fell victim to the scam.
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Start the new year right with 'This Golden Age' at
the Atlanta
Community House
ATLANTA -- Let's get moving! The
Atlanta Public Library's popular "This Golden Age" series for folks
over 50 continues on Tuesday with a visit from Illinois Wesleyan
choreographer Jean Kerr. This event is the perfect antidote for the
post-holiday blahs and a great way to start the new year right --
for both mind and body.
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Social Security announces new online services available with a 'my
Social Security' account
SPRINGFIELD -- Michael J. Astrue,
commissioner of Social Security, announced Monday that the agency is
expanding the services available with a "my Social Security"
account, a personalized online account that people can use beginning
in their working years and continuing throughout the time they
receive Social Security benefits. More than 60 million Social
Security beneficiaries and Supplemental Security Income recipients
can now access their benefit verification letter, payment history
and earnings record instantly using their online account. Social
Security beneficiaries also can change their address and start or
change direct deposit information online.
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Financial wellness can be yours in 2013
By Judith
Bartels, Social Security district manager in
Springfield
SPRINGFIELD -- January is Financial
Wellness Month -- a great time to think about your own financial
future. It also happens to be at this time that many people make
resolutions for the New Year. Why not combine the two and make your
own financial wellness a resolution for 2013?
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3 dangerous driving distractions that may surprise you
(BPT) -- By now, almost everyone
knows the dangers of texting or talking on a cellphone while
driving. But phones aren't the only distractions drivers should be
aware of. Experts say that anything that draws your attention away
from the road can be a potential cause of an accident. That includes
actions and situations as innocuous as snacking behind the wheel or
postponing a bathroom break.
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A 'raise' for people who get Social Security
SPRINGFIELD -- As we ring in a new
year, we can expect to see a number of changes. Social Security is
no exception. In 2013, people who receive Social Security or
Supplemental Security Income payments will see their benefits
increase.
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Attention caregivers: Federal benefit checks are going
all-electronic
(BPT) -- More than 65 million
people provide care for a chronically ill, disabled or elderly
family member or friend, according to the National Alliance for
Caregiving. In addition to providing emotional and physical support,
caregivers are often entrusted to help their loved ones carry out
financial decisions.
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