Long Term Care has long been thought of as a women’s issue. I see this all the time in my 17 years in this business. The facts are women tend to be caregivers, live longer and as a result have a bigger physical, emotional and financial burden placed on them. Even if a husband is around, men tend not to be good caregivers and many times by the time a woman needs care the man is no longer around. A Emory study confirms what we already know. This is another good reason for women … and men, to plan and make affordable Long Term Care Insurance part of their retirement plan. Many companies offer “shared care” products which allow a couple to even share benefits.
Read the highlights of the article below and click on the link for the full article. Then discover how affordable Long Term Care Insurance can address these concerns. See the link below to get information and quotes from all the top companies.
The Emory Alzheimer’s Disease Research Center published the results of a new research study which indicated what many people already suspected … Alzheimer’s is a women’s issue.
The study, published September 10, 2015 in the journal “Women’s Health Issues”, finds women bear six times the cost of Alzheimer’s disease (AD) care, per capita, that men do. The authors say the greater cost burden is largely due to the informal care women deliver to family members with AD.
This is a real big issue for women since they are also in greater risk for developing Alzheimer’s. The Alzheimer’s Association says a 65-year-old American woman has a 1 in 6 chance of developing Alzheimer’s disease. That does NOT count other type of memory loss such as simple dementia that impacts people, nor does it count early onset Alzheimer’s which impacts younger people.
Women in their 60s are also twice as likely to develop Alzheimer’s than breast cancer, according to the report — “2014 Alzheimer’s Disease Facts and Figures” — from the Alzheimer’s Association.
The Emory study is suggesting that women, in general, are also the caregivers, at least on an informal basis which impacts them directly as a caregiver or economically as they deal with the costs of extended Long Term Care due to the memory loss of a loved one.
Read the rest of article here: http://longtermcareplanningnews.com/article?article=137
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