Dementia Care Costs More Than Heart Disease
Dementia Care News from Boca Raton, South Florida, dementia care costs of $159 billion a year is higher than the cost of treatment for heart disease and cost of treatment for cancer! The highest payouts go to nursing homes and home health aides.
A very interesting study funded by the National Institute on Aging discerned the payout different to home health aides that worked directly with the senior with dementia and the cost to a family member or friend who worked for a senior for free. This report revealed that working for free was actually a larger cost ($56,290 year) compared to paying for a home health aide ($41,689 per year). Working for free might only be worth it if one is unable to get a job that pays much more than $57,000 a year.
For more on the article: Dementia Care Costs More than treating Heart Disease or Cancer.
My dreamy way around this is for the government to reinvent the Social Security System and use those monies solely for caregiving and end of life purposes instead of as disposable income, perhaps even forcing the lot of us to remain healthier longer and keeping up in the job force for as long as we possibly can... you know, as in going back to the main reason why Social Security was invented in the first place ;)
Back to reality: it would be nice to see the benefits of Long Term Care Insurance more readily exposed in American public.
For more information about how Long Term Care Insurance benefits | LTC for seniors can help you or a loved one with dementia, contact A Family Member Home Care Agency in Boca Raton | home health agency Palm Beach County for more information: 1(866) 99-A-FAMILY
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