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Caring Senior Service of Wasatch

Caring Senior Service of Wasatch Blog

Providing senior in-home care tips and stories for everything related to senior care.

Preparing For The Cost of Alzheimer's Disease

Posted by Ruby Cemental on Feb 28, 2017 5:30:00 PM

business-finance-saving-LR.jpgIn 2016, it was estimated that over 5 million people suffered from Alzheimer's disease, with the vast majority over 65 years old. In addition to the heartbreaking symptoms it causes, Alzheimer's can also bring with it a hefty financial cost. If your Mom or Dad was recently diagnosed, careful planning can help you to successfully meet the challenge of dealing with some of the following additional expenses.

  • Frequent doctor visits. In addition to your loved one's current medical treatment, they will need follow-up visits to assess the progression of the disease and review how the treatment plan is working. For some patients, this can be about 20 visits per year.
  • More prescription drugs. Your Mom or Dad, like most seniors, probably already takes at least one medication. Alzheimer's treatment will usually add 2 or more medications to their regimen. These can help with cognitive as well as behavioral symptoms.
  • Safety devices and equipment. As Mom or Dad's memory, judgment, and coordination declines, it will become increasingly more difficult to keep them safe. Some things that can help are child-safety locks, auto shut-off appliances, grab bars, and stairway railings.
  • Care services. The best care starts with family and friends if possible. However, as time moves on, you'll likely need to take advantage of adult day care, in-home care services or full-time residential care.

Proper planning begins with open communication. Get together with your siblings, parents, and other pertinent family members to figure out the best way to move forward. Have available important financial documents like mortgage papers, bank information, and social security statements.

At Caring Senior Service, our expert staff is comprised of extremely knowledgeable, friendly, and trusted professionals who take pride in helping your loved one manage their daily activities. Contact us today to learn more!

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Topics: Alzheimer's Disease