Alzheimers: A defining disease for aging baby boomers
*Repost
Brought to you by: Aetna
Alzheimer’s disease is the sixth leading cause of death in the United States, killing more than 93,000 people each year. The progressive and fatal brain disorder causes issues with memory, thinking and behavior. Currently without a cure, Alzheimer’s has a good chance of being one of the defining diseases for Baby Boomers as they age.
Age is the greatest risk factor for Alzheimer’s disease. Once someone reaches 65, their risk of developing the disease significantly increases. An estimated one in eight baby boomers will get the disease after they turn 65. At age 85, that risk increases to nearly one in two.
The disease currently affects more than 5 million Americans, according to the
Alzheimer’s Association. By 2040, when the Baby Boomer generation will be from 76 to 94 years old, Medicare costs related to Alzheimer’s are projected to account for more than 24 percent of total Medicare spending, or about $328 billion in 2014 dollars,
recent analysis has shown.
Alzheimer’s is a family matter
It’s not just the person with Alzheimer’s that suffers, the caregivers — typically family and friends — often take the brunt of the disease. It is particularly hard because Alzheimer’s robs a person of their memories and independence, leading to a steady increase in the need for monitoring.
In 2015, 15.9 million family and friends provided 18.1 billion hours of unpaid care to those with Alzheimer’s and other dementias, according to the Alzheimer’s Association.
Nearly 60 percent of Alzheimer’s and dementia caregivers rate the emotional stress of caregiving as high or very high; about 40 percent suffer from depression.
A majority of caregivers report they are “somewhat” to “very” concerned about maintaining their own health since becoming a caregiver. One in five care contributors cut back on their own doctor visits because of their care responsibilities. Most people survive an average of four to six years after being diagnosed, but many can live for as long as 20 years with the disease.
Family members and friends providing care for someone (other than their children) have to squeeze in an average of more than 24 hours a week to take care of their loved one, according to
AARP research.
Caregiving is particularly time-intensive for those caring for a spouse or partner, which requires an average of 44 hours a week. That doesn’t leave much time for any of the other priorities you might have in your life. A good
game plan can help get things under control.
Where can you find help for Alzheimer’s?
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From the Desk of SBS:
As you read above, "1 in 8 Baby Boomers are susceptible to acquiring Alzheimer's and that increases to 1 in 2 around the age of 85. Along with that, care-giving for this disease requires an average of 44 hours a week." If this were to happen in your family, what would your game plan be?
Senior Benefit Services has representatives all over the U.S. that would love to sit down with you to help you start planning. We are a brokerage that represents many reputable companies (such as above) and we offer a variety of insurance plans including:
- Long Term Care
- Short Term Care
- Home Health Care
- Nursing Home Care
When something such as Alzheimer's arises in your life, we want your biggest worry to be enjoying those precious moments with your family - not worrying about the financial side of it.
We're just one phone call away: 800-627-2768
Visit us Online at: www.sbsteam.net
