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Adults chat seniors

En español | Phil D'Eramo used to call his parents four or five times a day to make sure they took their medication.

Katy Fike, an engineer and gerontologist, has met with "over a thousand entrepreneurs from around the world" since cofounding Aging2.0 less than two years ago. adults caring for an adult or child with major health issues, and 5 million to 7 million long-distance caregivers, the potential tech market is vast.

"While Medicaid may reimburse for some aging-in-place technologies, Medicare, unfortunately, does not," says Majd Alwan, executive director of the nonprofit Leading Age Center for Aging Services Technologies.

But that hasn't stopped the boom in new devices, as more and more people and families embrace the lifestyle choices they offer.

With mobile push-button personal emergency response systems, called PERS, and GPS location tracking, you can monitor parents or aging friends at home, or while they play golf or go on long walks.