It’s no secret that the Alzheimer’s epidemic is spreading, with nearly 44 million people worldwide and 1 in 9 Americans over the age of 65 living with the disease. As a United States veteran, you may be entitled to unique benefits that can help you carry the financial burden an Alzheimer’s and dementia diagnosis can bring.
Learn more about veterans benefits for living with the disease, and how you can determine if you qualify for them.
How Veterans May Be at a Higher Risk for Alzheimer’s
Recent statistics show that one out of three seniors die from Alzheimer’s or a related form of dementia. The numbers alone are staggering. Even more startling, a recent article from the Los Angeles Times cites a study claiming that the traumatic brain injuries endured by many veterans increases their risk of Alzheimer’s, making them 60% more likely to develop Alzheimer’s or a late form of dementia.
Other studies have concluded that veterans who have experienced post-traumatic stress disorder (PTSD) are twice as likely to develop dementia than those without PTSD.
With increased risk factors, it is vital that veterans and their families learn how to determine their eligibility and claim the benefits they have been promised.
Know and Claim Your Well-Earned Benefits
Nearly 69% of veterans are unaware of the benefits available to them, meaning that veterans are paying more for senior care services than they should. Additionally, more than 1/3 of Americans over the age of 65 are wartime veterans or the spouses of wartime veterans, qualifying them for a special VA program called, “Aid & Attendance.”
The Aid & Attendance Pension provides benefits that can reduce the cost of care for veterans and surviving spouses who require assisted living services. The program can provide up to:
- $2,120 per month to a couple
- $1,788 per month to a veteran
- $1,149 per month to a spouse
The awarded funds can be used for in-home care, board and care, assisted living communities and private-pay nursing homes.
To help determine your eligibility, VeteransAid.org has put together a calculator to help you determine if you qualify for this program. The two-minute questionnaire will help you determine if your family has unused funds waiting for you to claim.
We know that paying for Alzheimer’s care and dementia care can feel intimidating. Searching for benefits like the Aid & Attendance Pension is a great place to start sorting through financial aid options for long-term care.
If you or a loved one is a US veteran or the spouse of a veteran, visit the VeteransAid eligibility calculator and potentially save yourself thousands of dollars.
Do you or a loved one have veterans benefits waiting to be claimed? Share your story with us in the comments below.
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