Tuesday, August 11, 2015

www.sperosfinancial.com Long-Term Care Tip of the Day!



Long-Term Care, Steep Costs Even When It's 'Free'
Whether clients choose unpaid care or rely on it out of necessity, it's important to understand the hefty costs of such care. 

ALZHEIMER'S & DEMENTIA


Caring for a family member with Alzheimer's and dementia not only eats away at a family's money, but also their time. According to estimates from the Alzheimer's Association, in 2010, 14.9 million families and other unpaid caregivers of patients with Alzheimer's disease and other forms of dementia provided around 17 billion hours of unpaid care. On average, caregivers worked 21.9 hours a week doing work that is valued annually at $11.93 per hour.

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