Be Proactive: Cost of Chronic Care and Alzheimer’s

Did you know? 

• The fastest growing age group in the U.S. is people over age 85. ¹ This demographic shift could have a profound impact on family caregiving.
• About 1 in 9 people aged 65 and older has Alzheimer’s dementia. ²
• The average estimated medical costs from diagnosis to death is $341,000. ³
• Families typically pay 70% of medical costs out of pocket. ³
• Last year the estimated healthcare costs associated with Alzheimer’s disease treatment was $321 billion. ⁴

It is through the experiences of caring for a person with Alzheimer’s that we gain an understanding of the emotional, physical, and financial challenges that this devastating disease brings both to the care receiver and those who care for them. Moreover, there is a possibility that someone may be able to live for a long period of time with this condition.

With all of these factors at play, it is clear that planning is an essential part of the process.

We have recently expanded our suite of living benefits by adding an Alzheimer’s Disease Rider. In addition to the death benefit protection, this rider could help ease the burden if you are diagnosed with Alzheimer’s disease or Lewy Body Dementia. This rider allows for payment of a portion of an insured’s death benefit, on a discounted basis. ⁵

Keep checking back as our campaign catalog continues to expand! 

As a result of National Life’s quarterly campaigns, you can better market yourself, your business, and the services you provide. Our step-by-step process and materials will guide you through the process. Don’t miss our Peace of Mind with Annuities Campaign happening in conjunction with our Living Benefits Campaign. 

CLICK HERE – Life Insurance with Living Benefits and Peace of Mind with Annuities.

1. “The fastest growing group is people over 85. It’s possible to live long and well, but how?” The Courier Journal, May 26, 2022
2. Alzheimer’s Association; 2023 Alzheimer’s Disease Facts and Figures; March 2023
3. Caring Senior Service Blog; https://www.caringseniorservice.com/blog/cost-of-alzheimers-dementia; August 18, 2022
4. The American Journal of Managed Care; https://www.ajmc.com/view/the-economic-and-societal-burden-of-alzheimer-disease-managed-care-considerations; September 12, 2022
5. Living benefits may be provided by riders, which are supplemental benefits that can be added to a life insurance policy and are not suitable unless you also have a need for life insurance. Riders are optional, may require additional premium and may not be available in all states or on all products. This is not a solicitation of any specific insurance policy.