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The Cleveland Clinic

Alzheimer's Disease: Financial Planning

Introduction

As you and your family evaluate your long-term care needs for dealing with Alzheimer's Disease, it is important to consider financing options including health coverage, Medicare and Medicaid. Long-term financial planning is important for everyone -- but is essential if you are coping with the expense of a long-term illness, such as Alzheimer's disease. Many people pay careful attention to their health after they are diagnosed with Alzheimer's. They research their treatment plan, take their medications on schedule, and consult with their physician regularly. However, it may take some time for patients and caregivers to realize that a progressive illness like Alzheimer's can have a tremendous effect on their financial well-being.

This article offers some basic information on how to handle your finances while living with Alzheimer's disease.



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Alzheimer's Disease: Financial Planning

Introduction

Caring for a person with Alzheimer's disease (AD) is a challenge that calls upon the patience, creativity, knowledge, and skills of each caregiver. We hope that this article will help you cope with some of these challenges and develop creative solutions to increase the security and freedom of the person with Alzheimer's disease in your home, as well as your own peace of mind.

This information is for those who provide in-home care for people with Alzheimer's disease or related disorders. Our goal is to improve home safety by identifying potential problems in the home and offering possible solutions to help prevent accidents.

We begin with a checklist to help you make each room in your home a safer environment for the person with Alzheimer's disease. Next, we hope to increase awareness of the ways specific impairments associated with the disease can create particular safety hazards in the home. Specific home safety tips a...

Read the Alzheimer's Disease: Home Safety Information article »










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