Senior caregivers know the difficulties of caring for all aspects of a senior’s care needs. A long with health issues, there are the issues of memory loss and grieving as seniors out live their friends and families.
Professionals in senior care have always known financial abuse is the number one type of elder abuse. A survey of Adult Protective Services professionals in the U.S. confirmed that seniors continue to be at risk for financial explotation, with 92% of the survey respondents citing financial exploitation cases increasing since the beginning of the economic downturn.
Self-neglect and emotional abuse cases continued to rise, resulting in an overall 78% increase in reported Elder Abuse cases in 2010.
Planning for senior care while you are still healthy can help to avoid any possibilities of financial fraud. Learn about the daily costs of nursing homes nationwide and the Medicare and Medicaid benefits to create a senior care plan before you need one.