Alzheimer's Disease: Financial Planning

• Alzheimer's disease - developing a financial plan
• Medical coverage in Alzheimer's disease
• Investigate long- and short-term disability insurance
• What is Medicare?
• What are Medicare's coverage options?
• Medicare coverage of skilled nursing care facilities
• Medicare coverage of home care
• What is Medicaid?
• How do people receive Medicaid benefits?
• Who is eligible for Medicaid?
• Medicaid coverage

As you and your family evaluate your long-term care needs, it is important to consider financing options. 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.

Developing a Plan

Alzheimer's disease gets worse over time, and dealing with a progressive illness is difficult. There is no way to know how you will feel or what you will be able to do days, months, or years from now. But for your own security and that of your family, you need to plan ahead, knowing that Alzheimer's disease will lead to increasing disability. There are professional financial managers and medical lawyers who deal with financial planning for people with long-term or progressive illnesses. Ask your doctor for a referral, or speak with a national association or support group to find a reputable professional in this area.

From the Doctors at MedicineNet.com

Alzheimer's Disease - Learn about Alzheimer's disease, a common cause of dementia. Symptoms and warning signs include: memory loss, difficulty performing familiar tasks, disorientation to time and place, misplacing things, and more. Source:MedicineNet Caregiving - Get information about caregiving for older adults and the elderly. Learn about the role of a caregiver, the impact of stress on caregivers, respite care and support groups. Source:Government Read 6 more Financial Planning in Alzheimer's Disease related articles ... Docs Issue Guideline on Screening for Osteoporosis in Men Health Tip: Foods That Can Aggravate Heartburn Health Tip: Good Shoes Can Prevent Falls Hunger Hormone Makes Food Look More Tasty Several Therapies Show Promise for Vascular Depression Health Highlights: May 7, 2008 Virtual Reality Therapy May Help PTSD Patients Some Weight-Loss Drugs Might Disrupt Brain Growth in Kids Cleaner Air May Threaten Amazon Rainforest Researchers Publish Genome Sequence for Duck-Billed Platypus