G. Stanley Hall anticipated the development of gerontology, and his critique of the marginalization of the elderly still resonates today.
Granville Stanley Hall (2/1/1846 - 4/24/1924) was a pioneering American psychologist and educator. His interests focused on childhood development and evolutionary theory. Hall was the founder and first president of the American Psychological Association and the first president of Clark University ...
After his retirement in 1920, Hall wrote [Senescence] a...volume on aging. This important account has been labeled “prophetic” in its recognition of an emerging “crisis of aging” in the 20th century, in which longer lifespan, narrowing family roles, and expulsion from the workforce combined to dramatically isolate the elderly and restrict their active participation in public life.
Hall railed against this process, arguing that the wisdom conferred by old age meant that the elderly had valuable and creative contributions to make to society. Yet, the stigma of aging meant that, instead, many were engaged in the foolish pursuit of youth, trying to avoid being excluded from full participation in their communities. In the conclusion of the book, Hall expressed a tangible sense of personal anger against this form of discrimination.
His stirring call for a better understanding of the aging process anticipated the development of gerontology, and his critique of the marginalization of the elderly still resonates today.
Are you prepared - personally & financially - for the last, great stage of your life?
Existing policyholders will not be affected.
In an announcement released to agents and distributors today, MedAmerica president, Bill Naylon cited the continuing difficult economy and environment for LTC insurance.
Sales of all NEW policies - both long-term care and MedAmerica's "Transitions" short-term care products - will end February 15, 2016.
The decision has no immediate impact on existing policyholders - myself included!
It is our opinion at Comfort Long Term Care that it is NOT in the best interest of our clients to replace their LTC (or STC) coverage with MedAmerica at this time, if ever. MedAmerica remains well-capitalized with a full, binding commitment from its parent company - a billion-dollar upstate NY Blue Cross/Blue Shield - to back all of its liabilities.
The news media is sure to make this sound like the entire LTC insurance industry is collapsing, but it is not. This is a continued natural progression of the consolidation that has been underway for several years. The same thing happened with individual disability insurance in the mid-1990s. There are now just 10 or so companies selling disability insurance, yet it remains profitable for those companies and vital for working-age clients.
Please Contact Us with any questions, if you are approached about replacing your coverage, or if you would like to review your coverage through MedAmerica.
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