Dementia

A dementia diagnosis takes a huge toll on a family’s finances

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A dementia diagnosis takes a huge toll on a family's finances

By Alan Mozes HealthDay Reporter (Health Day) WEDNESDAY, Oct. 18, 2023 (HealthDay News) — Dementia could take a big bite out of Americans’ bank accounts, robbing them of 60% of their net worth, a new study says. patient for 8 years after diagnosis. Researchers who studied thousands of older adults with and without brain disorders … Read more

Research shows the high toll of dementia on family and financial caregivers

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Research shows the high toll of dementia on family and financial caregivers

Most people think of dementia as a disease that affects a person’s brain. But a new study shows the toll it takes on a person’s wallet and bank account – as well as the higher demands it places on their family members. In total, people diagnosed with dementia saw their out-of-pocket spending on health care … Read more