Is It Time to Plan for Future Medical Costs?
Is It Time to Plan for Future Medical Costs?

Is It Time to Plan for Future Medical Costs?

 

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Is It Time to Plan for Future Medical Costs?

Alzheimer’s Caregivers Give Up Food, Medication, Education.

“You mean Medicare doesn’t cover that?”

It’s a question voiced by many caregivers who find out that many healthcare costs for diseases, such as Alzheimer’s, are not covered by the government.

Unprepared for healthcare costs, families caring for loved ones with Alzheimer’s are financially struggling, reports the Alzheimer’s Association in its 2016 annual report. At least 48% reported cutting back on spending to care for their loved one. Only 3% of those being cared for had long-term health insurance in place.

This curated article, “Alzheimer’s Caregivers Give Up Food, Medication, Education...” offers insight into the struggles many American families are facing as healthcare costs increase, government coverage decreases, and the aging population lives longer.

Is it time to begin planning for your long-term medical care coverage?


Alzheimer’s caregivers give up food, medication, education, report says
By Sandee LaMotte, CNN

Read Here:
http://www.cnn.com/2016/03/30/health/alzheimers-caregivers-financial-struggle/index.html


Tags:  Aging, Aging Parents, Alzheimer’s Association, Caregiving and Alzheimer’s, Dementia, Family Conversations, Family Values, Financial Planning, Health Care Costs, Investment Financial Decisions, Life Transitions, Medical Care Costs, Medical Costs, Sandwich Generation, Transitions

Note:  The content of this article is for guidance and information purposes only and is not intended to be construed as advice. Information provided is not intended to provide investment, tax, or legal advice.


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