The number one worry for Americans as they age is memory loss, outpacing concerns about finances and loneliness. The most prevalent among all dementia is Alzheimer’s disease. According to the Alzheimer’s Association Facts and Figures Report, Alzheimer’s accounts for an…
Hospitals and health systems have faced unprecedented challenges following the 2020 Coronavirus pandemic. There has been a need to increase and safeguard healthcare staff as well as non-COVID-19 patients, testing and treating infected patients, expanding critical care unit capacity, procuring…
In a report from Genworth, the US Department of Health and Human Services (HHS) estimates that roughly seventy percent of retirees in America will require some long-term care (LTC), with median costs for these services ranging from $53,768 to $105,850…
There are more than 5 million Americans who suffer from Alzheimer’s disease for which there is currently no cure. Projections by the Alzheimer’s Association (alz.org) are that by 2050 more than 14 million Americans will suffer from this disease. What…
The sandwich generation is comprised of people caring for their children while also caring for their aging parents. Although generation is part of the phrase, it does not refer to people born at a specific time. Typically, these “sandwich” family…
There are laws that were put in place to protect married couples’ savings from being depleted when using Medicaid. These protections prevent husbands and wives from bankrupting themselves trying to fund care for their loved ones. They originally required states…
There is a projected boom in facilities that provide specialized memory care to Alzheimer’s patients. While some facilities are stand-alone solutions for memory care patients, others will offer care that is already integrated into existing facilities that cover more than…
Adding a child’s name to a bank account may seem practical at the time, so they may pay bills when you are ill or away, but it could turn into a hassle later on. Doing so may have unintended consequences…
The Economic Growth, Regulatory Relief, and Consumer Protection Act provides seniors with more protection from financial abuse. The Act contains a section that was once a stand-alone bill from Sen. Susan Collins (R-Maine) which is designed to encourage the reporting…
The concurrent use of multiple prescription medications, or polypharmacy, is prevalent in the elderly American population. The more medications a person takes, the higher the risk of dangerous drug-drug interactions and increased possibility of inappropriate prescribing, adverse drug reactions, hospitalization,…