"A new report showing one in three older adults dies with Alzheimer's disease and other forms of dementia is raising concerns about the disease's "pervasive" scope and the spiraling costs of care, the authors say. Deaths from Alzheimer's and other forms of dementia have increased 68% from 2000 to 2010, according to the report being released today by the Alzheimer's Association, an advocacy group. Meanwhile, deaths from heart disease, HIV/AIDS and stroke have declined." Medicare and Medicaid reports.
If you, as caregiver, do not have longterm care insurance and you have less than 1-3 million dollars in assets, then it might be a good idea for you to consider buying longterm care insurance. If you do buy longterm care insurance, obtain quotes from more than one insurance agent, as there can be considerable different in the cost of your premiums from independent agents versus agents representing a religious entity - such as Thrivent for Lutherans. We can do nothing to prevent the dementia in the person for whom we provide caregiving, but we can take action to help arrange our own care. Be part of the planning of your future. Check into your options for paying for longterm care, should you need it.
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