Alzheimer’s Care Causes Financial Strain

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A new report about people living with Alzheimer's painted a grim picture of the disease.

Research showed people are making uncomfortable sacrifices just to get by, while others are going hungry just to pay the bills.

The cost of Alzheimer's care in the United States is expected to be a staggering $236 billion in 2016.

As the cost of care skyrockets, a new report found that many Americans would be unprepared financially if a loved one were to be diagnosed.

A disturbing pattern emerged -- people sacrificed food, college educations and their own medical care to pay for someone's Alzheimer's treatment.

The Alzheimer's association surveyed 3,500 adults who provide care or money to someone suffering with the disease.

Researchers found 30 percent of those in the study thought they had purchased long-term health insurance, but in reality, federal assistance is highly limited.

Experts said there are some things people caring for a patient can do, such as educate themselves about resources in their community.

 

That includes adult daycare centers, meals on wheels programs or homemaker services from the department of aging.