As the Years Go By: Top 3 Challenges Faced by the Aging Population

Published on: 02 January 2019 Last Updated on: 22 February 2020

The baby boomers were born in an era of wealth and opportunity. The embers of the Second World War were cooling, the national employment rate was high as Europe set about rebuilding, driving demand through the roof.

But those days have gone. Now, as the baby boomers are retiring, they face tough challenges, caused by a fluttering economy and deteriorating health. These are the fiercest challenges currently facing the aging population.

Long-Term Care

As the aging population comes up against age-related illnesses and diseases, many are entering long-term care facilities. This long-term care throws up a host of financial and logistical challenges.

Firstly, the aging population are having to consider this care in their saving plans for their retirement. The average couple now has to spend around $275,000 on healthcare. This will have to come from somewhere, be it insurance plans, retirement funds, or personal savings.

Additionally, the number of baby boomers requiring long term care will slowly overtake the supply of care facilities. On a macro-level, the government will need to take measures to ensure there are adequate long-term care facilities with trained staff to offer a high-level of round-the-clock care.

Asset Protection

As we approach old age, one of the single biggest concerns is how to protect our assets. As mentioned, healthcare can be a real drain on finances. Couple this with the cost of probate and inheritance tax, and a sizeable portion of our assets will be taken away from our children.

Baby boomers can take steps to protect their assets at any stage of their life. It doesn’t have to happen in retirement. ProtectYourAssetsGA.com offers information on how you can protect your assets in the probate courts and ensure you best interests are protected.

Being Able to Afford Retirement

Although baby boomers were the most prosperous generation in history, rising living costs and inflation has left many with insufficient savings to maintain their standard of living into retirement.

Nearly 50% of all Americans over the age of 50 have $25,000 or less saved for retirement. This means many will be forced to work past the age of 65. Only 23% of baby boomers believed they had enough saved for their retirement.

With social security falling and federal safety nets being dismantled, many Americans now face the difficult question of how they will support themselves when they are no longer able to work. Working longer is one option, but many jobs are unsuitable for someone entering their 70s. They may be physically demanding or, as automation increases, require new technical skills that may not be easily learnt in aging citizens.

These challenges will drastically alter the way Americans think about aging in the next generations. As millennials grow up watching their parents grapple with these challenges, perhaps they will develop solutions.

Either way, the national workforce and healthcare industries are on the cusp of major changes as the population ages. These woes and problems are not going away. We are just going to have to learn to deal with them as a nation.

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The Allure of Gold Coast: Feel Relaxed and Rejuvenate Yourself

Many cities, towns, and suburbs become well-known owing to unique characteristics, features, or facts. While some places become popular because of their food, others become popular because of their tourist attractions. Customs, rituals, habits, practices, and communication styles are some other reasons that draw the attention of people towards a particular geographical region. Gold Coast, a coastal city in the Queensland state of Australia, is known for its beauty and therapeutic services. Many wellness retreats, spas, and massage centers operate on the Gold Coast. They offer quality treatments and services at budget-friendly prices. The term ‘Massage Gold Coast’ has become extremely popular in recent years as both residents and tourists in Australia visit this city for getting massages. Spas, massage parlors, wellness centers, chiropractic clinics, and other facilities situated here offer a vast range of massages to people. Even hotels, resorts, gymnasiums, and health clubs have special rooms for providing massages to their clients. Thai massage, Swedish massage, Aromatherapy massage, Shiatsu massage, Reflexology massage, and Hot Stone massage are a few types of massage that you can get in this beautiful city. Massage types, which have not yet become common in other parts of the world, are also available on the Gold Coast. Pregnancy massage and Indian Head are some of the examples of such massages. You can find both independent massage therapists and businesses that offer massage services. What does Massage Therapy Entail? Before we understand the benefits of massage, let’s see what exactly a massage is. The roots of massage or massage therapy can be traced back to 3000 BC or even earlier than that. In older times, people used massages as a part of healing methods. They used to achieve several objectives through massages, for example, relieving pain, treating injuries, curing illnesses, and preventing physical health disorders. Thus, it can be concluded that people have been benefitted from massage therapy for more than 5000 years. Over time, awareness regarding the effectiveness of body massages has increased a lot. Massage therapy which had once fallen out of flavor has now become an inevitable part of the life of many people. From stress caused by professional responsibilities and personal relationships to chronic pain cause by medical conditions and a sedentary lifestyle, a variety of problems are resolved with massages. With so many types of massages available, you can easily find the one that suits your specific requirements and objectives. Your masseuse, masseur, or massage therapist can guide you in choosing the right massage. What are the Benefits of a Massage? A massage involves activities like rubbing, pressing, and kneading different body parts for manipulating muscles and ligaments. While some types of massages are gentle, others are intense. But irrespective of the type of massage, activities carried out, or extent of pressure applied on the body, all massages are given with the common goal of improving physical health and overall well-being. People take massages for obtaining relaxation, de-stressing themselves, getting relief from muscle pain, and attaining various other objectives. Sportspersons and others who encounter injuries also undergo massage therapy. help people to recover from muscle damage that occurs due to sports injuries. You can take massages to loosen your tight or stiff muscles. When people feel better physically, they experience satisfaction and happiness in life. Thus, their mental state also gets better than before. The massages that reduce various issues related to physical and mental health, such as joint pain, headaches, digestive disorders, anxiety, and depression, is unknown. With regular massages, you can certainly experience an enhancement in the quality of your life. A masseuse and masseur are female and male technicians who possess the required skills for providing massages. A massage therapist acquires essential education and training to gain knowledge and proficiency. As a customer receiving a message, you have the right to ask certain questions. These include the qualifications, skills, and experience of a person who massages your body. More Relaxing Things to Do in Gold Coast (...Besides Massages) The Gold Coast is known for its revitalizing massages, but the city offers many other opportunities to relax. If you’re visiting and feel like unwinding a little more, here are some of the best things to do beyond the health retreats. From nature to quiet reading spots and leisurely activities, there’s something for everyone. Stroll Through Burleigh Heads National Park Burleigh Heads National Park is the ultimate place to escape the city life. Wander along the ocean view tracks through lush rainforest and stunning coastal vistas. Pause to listen to the waves crash against the rocky headland and appreciate the stillness of nature. A peaceful way to start or end your day. Enjoy a Sunset Cruise There’s no better way to relax on the Gold Coast than by taking a leisurely cruise along its waterways as the sun goes down. Climb aboard a sunset cruise and enjoy a welcome drink as you feel the wind in your hair and watch the sky transform. With glassy waters all around, it’s an amazing feeling that will leave you buzzing. Relax on Tallebudgera Creek’s Calm Waters If you enjoy being near the water but not the craziness of packed-out beaches, then Tallebudgera Creek is perfect for you. The creek boasts crystal clear and calm waters where you can have a nice relaxing swim, paddleboard, or just float around. Pack a picnic and spend the day lazing on the sandy banks surrounded by nature. Gold Coast Regional Botanic Gardens If you like tranquil surroundings, the Gold Coast Regional Botanic Gardens are must-see. Stroll through gardens abundant with native plants and visit butterfly habitats and lakeside serenity. The gardens are perfect for walks of meditative solitude, reading, or simply sitting under a tree and relishing the quiet. Unwind with a Beachside Yoga Session Beach yoga is an incredible way to channel your inner Zen. Many yoga studios or independent teach classes right on the beach. Take advantage of some soothing and relaxing views while you get in touch with your inner self. Visit Currumbin Rock Pools If you’re looking to escape the crowd, then head to Currumbin Rock Pools. Located away from the main touristy areas, these natural pools provide a tranquil setting for swimming, relaxing and being in touch with nature. With beautiful, lush surroundings and cool water, it’s an ideal place to unwind without many people around. Wrapping Up You can make your vacation in Gold Coast extremely delightful and memorable by receiving these messages. Remember to pick a trusted independent massage therapist or a facility that offers massage services. But to make the most out of your massage sessions, you must stay calm and avoid having stressful thoughts. Trust us, they are quite safe and respectful in their approach! Read Also: Know the benefits of best foot massager reviews How to Start, Set Up, and Grow Your Own Massage Business

Common Medical Billing Errors And How Software Fixes Them

An authentic stream of revenue is needed for your medical practice to be efficient and profitable. However, you may need optimized billing efforts to avoid some challenges. Some medical billing problems you may encounter include client complaints and delayed payments. Bear in mind that these problems are capable of hurting your medical practice. Your primary task should be getting rid of those medical billing errors by fixing them. Billing errors are now common, but there are ways to fix them. Various software has been developed to help with practice management and reduce the chances of running into a medical billing problem. This software provides a medical billing solution that makes practice easy and smooth. This article will focus on the common medical billing errors you might face in your medical practice and tell you how software fixes those errors. Medical billing: Explained Medical billing is important in the healthcare industry. It involves the processing and submitting of healthcare claims to insurance companies so that medical services offered to patients by providers can be reimbursed. Medical billing is a complicated process with many steps, like claims submission, denial management, coding payment posting, and charge capture. Medical billing ensures that healthcare providers get their payment timely and accurately for services provided, which is vital for financial stability. An understanding of billing regulations and medical coding is needed for medical billing to be effective. Effecting billing also requires the potential to find your way around complex insurance systems. Excellent problem-solving and communication skills are must-haves for medical billers. This will help them resolve issues that might arise in the billing process. Electronic medical records (EMRs), electronic health records (EHRs), and electronic billing systems have risen. These systems have reduced errors and streamlined the billing processes. In essence, medical billing is challenging and complex; the task requires expertise and specialized knowledge. Medical billing is a vital role that must be addressed in the healthcare industry. Healthcare providers must receive reimbursement for services rendered n a timely and accurate manner. Despite the priority given to this medical billing process, various issues are bound to occur. These issues can make cash flow slow, claims can be denied, and financial difficulties may arise. Medical billing errors Let us explore the most common medical billing errors. 1. Data entry errors This billing error is prevalent. It occurs when incorrect information is entered into the billing system. Some errors may include procedure codes, insurance information, and patient demographics. Data entry errors increase administrative costs, delayed payments, and claim denials. To prevent this error, healthcare providers should conduct regular audits to ensure accuracy and implement a double-entry system. 2. Coding errors When a medical service is assigned a wrong procedure code or the code is not specific, a coding error occurs. Coding errors lead to fraud allegations, delayed payments, and claim denials. With proper training of staff in medical coding, this error can be prevented. Healthcare providers should also ensure that they update their coding manuals regularly. 3. Upcoding and down coding Upcoding occurs when a healthcare provider bills for an expensive service than what was provided. Downloading occurs when a healthcare provider bills for a service that is less expensive than the provided one. Upcoding and down coding are fraudulent activities that can result in and attract legal actions and fines. Billing practices must be based on detailed and accurate documentation to prevent this error. 4. Duplicate billing Billing for the same service multiple times is duplicate billing, which occurs accidentally. Duplicate billing happens when a claim is resubmitted due to a technical error or intentionally as a fraudulent practice. Note that duplicate billing leads to legal actions, delayed payments, and claim denials. Implement a system to track and reconcile all claims to prevent duplicate billings. 5. Coordination of benefits errors This occurs when two or more insurance companies are responsible for a medical service payment, and a disagreement arises about who is responsible for the payment. Coordination of benefits errors can lead to increased administrative costs, delayed payments, and claim denials. Healthcare providers must ensure that their patient’s insurance information is updated and accurate. 6. Out-of-network errors Errors like this occur when the healthcare provider bills for services an out-of-network insurance provider provides. This comes up when a patient receives medical services from a provider outside their outlined insurance network. Out-of-network errors lead to increased administrative costs, delayed payments, and claim denials. Educate patients about insurance coverage and be sure that they obtain prior authorization for out-of-network services. How to fix them with software? Here are some ways software can be used to fix medical billing errors and improve the financial health of a healthcare practice. 1. Automated claims management Automated claims management software is one of the best strategies to stop medical billing mistakes. Before submission to insurance companies, this software may automatically examine claims for mistakes and inconsistencies. Automated claims management software decreases the likelihood of claim denials and delayed payments, which may check for coding mistakes, duplicate billing, and other frequent problems. Eliminating the need for manual claims review and resubmission can save healthcare providers time and money. 2. Electronic health records EHRs can improve medical billing efficiency by automating certain aspects of the process. For example, EHRs can automatically generate billing codes based on the services provided, reducing the risk of errors related to manual coding. The advancements in EHR software development have been pivotal in enabling these automations and ensuring the accuracy of medical billing and coding. EHRs can also facilitate submitting claims to insurance providers, reducing the time and resources needed to complete this task. Patient outcomes can be improved by healthcare providers by providing them with a complete picture of their patient's medical histories. By having access to comprehensive medical records, healthcare providers can make more informed decisions about patient care and avoid mistakes related to incorrect or incomplete information. 3. Real-time eligibility verification Real-time eligibility verification software can help healthcare providers improve their revenue cycle management by reducing the time and resources needed to verify insurance information. By automating checking patient eligibility and coverage parameters, healthcare providers can free up staff resources and focus on delivering high-quality patient care. The software can also improve the accuracy of insurance information by reducing the risk of errors related to manual data entry. By automatically verifying insurance information in real-time, healthcare providers can ensure they have the most up-to-date and accurate information before providing medical services. 4. Automated payment posting Automated payment posting software can help healthcare providers improve their revenue cycle management by reducing the time and resources needed to process payments. By automating the posting of payments from insurance companies, healthcare providers can free up staff resources and focus on delivering high-quality care to their patients. Automated payment posting software can also improve payment processing accuracy by reducing the risk of errors related to manual data entry. By automatically matching payments to the corresponding claims, healthcare providers can ensure that payments are processed accurately and promptly. 5. Data analytics Data analytics tools can help healthcare providers track key performance indicators (KPIs) related to their revenue cycle, such as days in accounts receivable, collection rates, and net revenue. By monitoring these metrics, healthcare providers can identify areas of their revenue cycle that need improvement and implement strategies to optimize their financial performance. These tools help healthcare providers identify opportunities to streamline their operations and reduce costs. For example, by analyzing supply usage and waste data, healthcare providers can identify areas where they can reduce waste and save money. 6. Automated denial management This software can help healthcare providers identify patterns in claim denials, allowing them to improve their billing processes to prevent future denials. By streamlining the appeals process and reducing the number of denied claims, healthcare providers can improve their revenue cycle management and ultimately increase their bottom line. Automated denial management software can provide real-time insights into claim status and help healthcare providers prioritize which claims to focus on. This can be especially helpful for practices that handle large claims or have limited staff resources. It is a valuable tool for healthcare providers looking to improve their revenue cycle management and reduce the time and resources spent on manual appeal procedures. 7. Patient payment portals Patient payment portals can also improve patient satisfaction by offering a convenient and secure way to pay medical bills. Patients can access their payment history, view outstanding balances, and set up payment plans through the portal. This level of transparency and control can help reduce patient anxiety and promote trust between patients and healthcare providers. It also saves healthcare providers time and resources by automating payment processing and reducing the need for staff to handle payment transactions manually. This can allow healthcare providers to focus on delivering high-quality care and improving patient outcomes rather than on administrative tasks. Conclusion Medical billing errors are a significant problem that can lead to financial loss and legal action for healthcare providers and patients. Healthcare providers can improve their revenue cycle management by implementing effective strategies to prevent these errors and ensure high-quality patient care. Software programs help streamline billing practices to provide better care to patients. Try using software to fix your medical billing errors to experience swift medical billing processes. Read Also: How Can A Dallas Functional Medicine Doctor Help You? How Can Healthcare Staffing Benefit You? American Healthcare and its Woes

Questions To Ask A Psychologist Before Hiring One

The human brain is always on the go, so it’s no surprise that at some point or another, humans experience being mentally and emotionally burned out. Caring for your psychological welfare is a huge responsibility; talking about it and not getting any medical help adds up to your frustrations. When this happens, the best thing to do is look for a psychologist that is highly-qualified and professional. For many, it is a big leap to seek professional help, but it is essential for your healing. However, there are things you need to consider before hiring one to avoid wasting any of your time, money, and effort to ineffective treatment. Here are some of the questions you need to ask from your prospect psychologist There are multiple questions you can ask your psychologist to get the clearance of your problems in the best possible manner. Let's find out some of the effective means you can apply to develop your treatment process in the right direction. 1. How will you treat me? The first thing you need to know is how the psychologist can help you get through your mental issues. If their answers are not satisfying, try looking for psychologists at Open Sky Psychology where you can find various psychologists offering different treatments for different issues. Since your reason for hiring one is to heal from your psychological warfare, it is but necessary to ask them these details in relation: The psychological treatment that will be used to address the problem. The kind of methods needed to treat other patients with similar problems as you and a general overview on how said patients has recovered. The methods that are being used and the probability of success. 2. Have you encountered issues similar to my case? They say that experience is the best teacher and this applies to your prospect psychologist, too. No matter how long they have been practicing, there are cases they may have not encountered yet and you wouldn’t want to be the first. To gauge the experience level of your prospective psychologist, consider these details: The number of patients that have the same problem as yours. The number of patients that need treatment and are still undergoing treatment. The length of time needed before positive changes are evident. The estimated timeline or length of time that is needed for cases like yours. 3. Can you evaluate if the treatment is working for me? Some patients want honest answers to how they are doing, whether they’re doing well or not. Be bold enough to ask these questions to identify psychologists who are honest: Along the treatment, will you tell me if I’m doing well or not? Will you point out if there are changes? How will you gauge my changes? Will you be direct about it or will you wait for the entire treatment to be done before giving your evaluations? 4. What is your area of expertise? Knowing the theoretical orientation of your potential psychologist helps you decide whether you’re seeking the right one or not. Psychologists have different expertise which requires different approaches. Here are questions to help you identify the right psychologist for your problem: What is your area of focus? How long have you been working on your expertise? Do you have any credentials to support your claim? Do you regularly attend seminars or training to further your knowledge? Do you rely solely on your knowledge when treating a patient or do your research to find more about it? 5. What is your availability? It is essential to know the availability of your therapist, especially if your case needs constant support and advice from your psychologist. Ask them these questions to see if they can be reachable: Can I call you anytime? If not, what times of the day and night can I call you? How can I reach you? Do you have a separate emergency contact number? Can you keep me up to date if you will be away for a long time? 6. Can we be friends? Your psychologist must maintain a professional yet distant relationship with you. Remember that you need professional help, not a friend. Consider it a red flag when their answers to these questions are a yes: Can I hang out with you during your free time? Can you add me up on my social media accounts? Do you have friends from your patients’ list? Conclusion Having someone to vent out your problems is different from having a psychological therapy. It is important to seek professional help when you know you are suffering from within. But to be treated effectively needs the right psychologist. Bear the difficulty of finding the right one then go to an exhausting treatment process that will not help you. When you know you are in good hands, chances are you will be healed in time. There are multiple ways you can adopt to cure your patients. Read Also: Art Activities For Stress Relief The Role Of Nutrition Therapy In Eating Disorder Treatment

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Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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