A Look at Medicaid

For an increasing number of families, long-term care planning is becoming a topic discussed with an unfortunate frequency. When a once healthy and vibrant person needs full-time care—either suddenly or through the ravages of a progressive illness—staggering pressures can bear down on that person, their immediate family, and close friends. One of the first and most natural questions that comes to mind is the question of cost: Where will the money come from to allow the individual to live out the rest of his or her life in the most comfortable situation possible? For a fortunate few, long-term care insurance will provide the necessary funds. For others, the savings of a lifetime can be depleted in a relatively short period of time without proper planning. At some point, the discussion of funding care will no doubt turn to Medicaid, a difficult topic to deliberate when combined with the stress of …

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Becoming a Better Negotiator

Whether closing a sale, haggling over a price with a supplier, or discussing a raise with an employee, business owners negotiate nearly every day. While you may already be an effective negotiator, consider the following strategies to help maximize your negotiating skills. Negotiating does not have to be a zero-sum game. When two parties enter into negotiations, they are both looking to create something of value that did not exist before. Instead of taking an adversarial approach, think about how both parties can arrive at a mutually beneficial solution. Without abandoning your own interests and objectives, consider the interests of your negotiating partner. Reflect on what your priorities might be if you were in your partner’s shoes and how you can best accommodate those priorities. Do Your Homework Before approaching the bargaining table to negotiate an important deal, make sure you are fully prepared. If, for example, you are attempting …

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A Genetic Test to Spot Health Risks

Scientists first mapped the human genome 14 years ago. Since then, they have learned a lot about genetics, and someday that wisdom may lead to a cure for many diseases. But we’re not there yet. There’s “a ton we don’t understand,” says Lawrence Brody, director of the genomics and society division at the National Human Genome Research Institute. Keep that in mind if you take advantage of the first “direct to consumer” genetic test for health risks. That test became available in the spring, when 23andMe, a DNA testing firm, was the first company to win approval from the Food and Drug Administration to sell directly to consumers–without a prescription–a genetic test that screens for certain health risks. Here’s how it works: You pay $199 to order a Health and Ancestry kit online from 23andMe.com. When it arrives, you spit into a tube and mail it back. Two months later, …

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Beyond Pay and Policing: 4 Things Your HR Department Should Be Doing This Year

Your human resources department is going to be busy in 2018, but busy doing what? Are you going to spend another year drafting policies and punishing rule-breakers? Or will 2018 be the year your HR department becomes a real force to be reckoned with in your organization? It’s time for HR to tackle bigger issues than just payroll and compliance. Here are some suggestions on where to start. Improving Safety The safety of the workforce should always be a priority for everyone within an organization, but this responsibility most often falls directly to HR. It will be HR that will deal with worker’s comp claims, rising insurance rates and any Occupational Safety and Health Act violations that arise from unsafe practices, so it would benefit HR to spend more time on safety training in the future. “The role HR can play is to promote safety as a core value of …

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