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Jun 13, 2023 AgingHere: No Capes, Just Safety Devices

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Aging Here
June 13, 2023

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No Capes, Just Safety Devices

In this week’s email:

  • Tech Industry's Golden Opportunity

  • Senior Safety Tech: 5 Devices for peace of mind

  • AI: Transforming Senior Healthcare and reducing costs

  • How Medicare coverage of Continuous Glucose Monitoring is game-changer

  • Today’s AgingHere Surveys

  • AgingHere Referral Program

  • Making us laugh this week

  • Today’s Sponsor: Mastering Medicare Podcast (MasteringMedicare.net)


Tech companies are recognizing the growing market of aging in place, as more baby boomers want to stay in their homes. The market includes various tech solutions such as smart canes, motion sensors, telehealth systems, and over-the-counter hearing aids. Companies like Amazon, Apple, and Google are investing in health-care divisions to cater to seniors. Best Buy and Atrium Health are developing hospital-at-home offerings, while other companies offer passive monitoring technologies and smart home devices. The market is expected to expand as the population ages, presenting opportunities for tech companies to provide age-friendly designs and products. Read more.

Devices track comfort, health, location, safety, and wellness, providing important insights into a senior's daily life. They can be used at home or in senior living communities, offering features like emergency buttons, fall detection, and fire or intrusion sensors. Some devices include Aeyesafe Monitoring Alert System, Alarm.com Wellness, Tru Sense, Rest Assured, and Lorex Elderly Care Solutions. Each device has unique features and benefits for remote monitoring and caregiving. Read more.

The population of seniors in the US is growing, creating a need for greater attention to retirement and healthcare. Artificial intelligence (AI) offers solutions such as virtual home assistants, wearable devices, smart home hubs, and smart implants to improve care, reduce costs, and enhance the lives of seniors. AI technology is revolutionizing healthcare and addressing the increasing healthcare expenditures faced by governments, taxpayers, and manufacturers.  Read more.

Continuous glucose monitors (CGMs) are devices that monitor blood sugar levels in real-time for individuals with type 1 diabetes. They provide a convenient alternative to frequent finger pricking. CGM costs range from $100 to $300 per month, covering sensors and transmitters. Popular CGM brands include Dexcom, FreeStyle Libre, and Eversense, each with varying costs and insurance coverage. Insurance plans differ in coverage, but Medicare and Medicaid cover CGMs for insulin-dependent individuals and those with a history of low blood sugar. The requirements for CGM coverage are becoming less stringent. Read more.

Today's AgingHere Survey

How have your services changed due to the rise of Telehealth?

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AgingHere Referral Program

Making us laugh this week:

Listen to Mastering Medicare Podcast Episode 21: CPT Codes and How You Get Paid in Medicare.

AgingHere Inspirational Quotes

"Anyone who keeps the ability to see beauty never grows old." - Franz Kafka

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