The facts that Social Security and Medicare will eventually run out of funds and that Republicans are now in control of the government have many elder law advocates worried that elderly entitlement programs will be reduced. That could lead to unintended consequences.
One of the major causes of suicide in the United States is worry over financial troubles. When people do not have enough money to make ends meet and are not certain how they can get the money, some of them despair and turn to desperate means including suicide.
Most of the time the people who commit suicide for these reasons are working age people. Thanks to Social Security and Medicare, most elderly people in the United States have a level of protection that they can rely for their basic needs.
However, if those programs are cut or have their benefits reduced, that could change as Financial Advisor discusses in “Senior Suicides Could Rise If Social Security And Medicare Cut, Experts Warn.”
Experts have concerns for two reasons.
The first is that there could be a devastating psychological impact for some elderly people who were promised benefits they will no longer receive. The second is that cuts to benefits could lead to more elderly people struggling financially.
Both of these problems could lead some people to commit suicide.
Of course, it should be noted that most proposals to reduce Social Security and Medicare benefits do not apply to those currently receiving benefits or those who will soon be receiving them. Most proposals apply only to younger people.
Reference: Financial Advisor (January 5, 2017) “Senior Suicides Could Rise If Social Security And Medicare Cut, Experts Warn.”
I heard Cindy’s presentation at a Senior Luncheon at my church, and was very impressed. She helped my daughter and me understand many aspects of elder law. Josh has also been very helpful in my planning to enter an independent living situation . I have told many friends about them.
The very best elder law attorney and staff anyone could ever ask for! I have referred a number of clients to Cindy and she never disappoints. She is kind, caring, and extremely thorough in making sure everything is completed as it should be. I highly recommend Cindy for anyone needing lawyer services; she truly goes above and beyond for every client she helps and has had a huge impact in so many peoples’ lives. Thank you, Cindy and staff, for everything that you do- I’m so glad to know you!
Cindy and the Nelson Elder Care Law team are trustworthy and helpful. They are the experts in elder care law. At Leaf Cremation, we entrust our families to the care of the Nelson team when their services are needed.
Josh Nelson, and his staff, have been amazingly helpful to our family. The ins and outs of nursing homes, the rules and regulations that govern Medicare and Medicaid are daunting and the folks at Nelson Elder Care Law have been informative, responsive, and above all, empathetic. I cannot emphasize enough how their service has taken a weight off of our shoulders especially during a world pandemic that has targeted nursing homes across our country. I highly recommend retaining Josh and his firm!
I had a simple legal question to them that I needed answered and they very helpful in giving me the information I needed. I highly recommend them and will reach out to them if I need more advice or assistance. Thank you for taking your time to just answer a couple of questions I had!