Michael C. Moynihan was disappointed that President Obama's speech contained no talk of significant reform of Social Security and Medicare. "Even in this sort of dire circum- stance: no change whatsoever." Both parties are guilty of avoiding our "dire circum- stance," said Moynihan. "There ...
Should you suffer a serious illness and need long- term care, Medicare will not cover the expenses of an assisted living-nursing home (except for up to 90 days if you are transferred directly from a hospital). After those 90 days, the cost of paying for that facility falls to...