Friday, April 13, 2012

LTS Weekly News Roundup

Caregiving in the News:
New York Times: Reconnecting Through Art
The Rubin Museum of Art in Manhattan has been hosting “Mindful Connections” once a month, which is an opportunity for caregivers caring for loved ones with Alzheimer’s or dementia to bring them to a 90-minute art discussion. This is part of a larger trend to use art as a way to stimulate conversation and communication in people with Alzheimer’s or dementia related illnesses.

CNN: Caregiving for loved ones the ‘new normal’ for boomers
43.5 million Americans care for someone older than 50, and with more and more baby boomers retiring, this number is expected to grow exponentially.

Elder Health in the News:
World Health Organization: Dementia cases set to triple by 2050 but still largely ignored 
In a press release issued on Wednesday, the World Health Organization has indicated that by 2050 70% of the population will be living with dementia. This number roughly translates to 115.4 million people, which is three times the current number.

Genworth Financial: Cost of Care Across the United States
Genworth has released their 9th annual Cost of Care survey. The cost of facility based care has increased steadily, and it is expected to continue to grow by an average of $15,300 yearly. Rates for home care providers have seen almost no increase over the past five years.

Long-Term Care Industry News:
InAudit: Long-Term Care Insurance and Three Ways of Buying It!
This article discusses the different LTCI policies and encourages readers to view LTC policies in the same context as home insurance.

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