“Nursing Home Quality: CMS Should Improve Efforts to Monitor Implementation of the Quality Indicator Survey,” (GAO-12-214, February 2012, .pdf format, 28p.).
March 5, 2012
CAAR – US Centers For Medicare And Medicaid Services Medicare Statistical Supplement Update – March 5, 2012
CMS’ Medicare and Medicaid Statistical Supplement has recently been updated (tables available in .zip compressed .pdf and Microsoft Excel format):
– Medicare Program Payments 2011 (tables 3.1 to 3.6).
“Expenditures for the Top Five Therapeutic Classes of Outpatient Prescription Drugs, Medicare Beneficiaries, Age 65 and Older, U.S. Civilian Noninstitutionalized Population, 2009,” by Anita Soni (Statistical Brief No. 363, March 2012, .pdf and HTML format, 6p.).
CAAR – US Department of Health and Human Services, Office of Inspector General Report – March 5, 2012
“Intermediate Sanctions for Noncompliant Home Health Agencies,” (OEI-06-11-00401, March 2012, .pdf format, 4p.).
A. “Comparison of Medicare Premium Support Proposals,” (March 2012, .pdf format, 8p.).
B. “Kaiser Health Tracking Poll: February 2012″ (March 2012, .pdf format, report, findings, 10p., chartpack, 20p., toplines, 22p.). Many of the questions in the poll concern Medicare.
“Heterogeneity in Target-Date Funds and the Pension Protection Act of 2006,” by Pierluigi Balduzzi, Jonathan Reuter (w17886, March 2012, .pdf format, 38p.).
This paper studies the evolution of the market for target-date funds (TDFs) between 1994 and 2009. We document pronounced heterogeneity in the TDF universe: TDFs with the same target date have delivered very different returns because of differences in systematic risk in the stock allocations, and because of differences in the stock versus bond allocations. This heterogeneity has increased over time, especially after the passage of the Pension Protection Plan of 2006. Indeed, we can attribute the increased heterogeneity in TDFs to the entry of new fund families in the TDF market between 2007 and 2009. These developments in the TDF market are consistent with new entries in the market adopting a product-differentiation strategy. Our findings suggest that the widespread adoption of TDFs will not result in returns that are similar across investors enrolled in different 401(k) plans, and that the current proposals for further disclosure in TDF offerings may have little impact on the incentive for fund families to offer similar risk profiles.
CAAR – Pensions Institute (Cass Business School, City University of London) [UK] Working Paper – March 5, 2012
“Measuring the multidimensional adequacy of pension systems in European countries,” by Filip Chybalski (Discussion Paper PI-1204, March 2012, .pdf format, 15p.).
The paper presents a multidimensional approach to the adequacy of the pension system, recognising it as the most relevant in comparative analyses of pension systems, as well as more authoritative than a one-dimensional approach based exclusively on pensioners’ income calculated on the basis of the replacement rate. Adequacy of the pension system can be also understood to mean the effectiveness of pension system when assessing its ability to realize income objectives. Starting from the micro- and macro functions of the pension system, OMC and World Bank objectives in terms of pension adequacy, and taking into account the indicators used by the European Commission to monitor the attainment of OMC objectives, the paper presents the overall concept of multidimensional adequacy of a pension system. Three dimensions of adequacy are defined: income, poverty, and differentiation of pensioners’ material situation by gender. Next, sub-indicators measuring the individual dimensions of adequacy are proposed, along with an aggregation procedure based on the tools of multidimensional statistical analysis. First the sub-indicators are aggregated into synthetic indicators for individual dimensions, and finally the synthetic indicators for individual dimensions are aggregated into a single synthetic indicator of the adequacy of the pension system (APS). Based on the proposed procedure, the adequacy of the pensions systems of 26 European countries is measured, and the quality of this measurement is assessed.
“Interactive Rhythmic Auditory Stimulation Reinstates Natural 1/f Timing in Gait of Parkinson’s Patients,” by Michael J. Hove, Kazuki Suzuki, Hirotaka Uchitomi, Satoshi Orimo, and Yoshihiro Miyake (PLoS ONE 7(3): e32600. doi:10.1371/journal.pone.0032600, XML, HTML, and .pdf format, p.).
A. “Small Business Alzheimer’s Disease Research (SBIR[R43/R44]),” (RFA-OD-12-003, National Institute on Aging, in conjunction with other agencies, application due data April 30, 2012).
B. “Small Business Alzheimer’s Disease Research (STTR[R41/R42]),” (RFA-OD-12-004, National Institute on Aging, in conjunction with other agencies, application due data April 30, 2012).
Public Policy & Aging E-Newsletter (Vol. 6, No. 2, March 2012, HTML format).
– 16th International Nursing Research Conference – Cartagena, Spain (Nov. 6-9, 2012).