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 | Whether it's paying for an assisted living facility or a home health aide, Alzheimer's disease is almost as much of a financial crisis as it is a public health crisis. Not only are public funds tight, but the maze required to access them is daunting. Hopefully the following pieces will help shed some light on this growing problem. | |
Paying for an Assisted Living Facility
Unlike nursing homes, government financial assistance for ALFs is very limited. Average costs for a one-bedroom unit are in the $2800/month range, and about a third of ALFs charge a one-time entrance fee, which average about $1600... Read more
| Paying for Alzheimer's Care
Medicare, Medigap, disability insurance (private insurance and insurance available from the Social Security Administration) and long-term care insurance help families dealing with Alzheimer's disease handle the associated costs... Read more
| Coping With a Financial Crisis
According to Ellen Rogin, president of the financial planning company Strategic Financial Designs in Northfield, Illinois, caregivers can still keep their cool during difficult financial times. Here are her suggestions... Read more
| Government Assistance for Alzheimer's Care
From Medicare to disability income, there are options for those without insurance. Although this assistance will not completely eliminate the financial burden associated with a diagnosis of Alzheimer's, these government and state programs can provide a helping hand along the way... Read more
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