The Aging Population: Dementia In Focus

1119 words - 5 pages

There are many opportunities for funding of treatment, medications, education and support for people who have dementia. Programs in the Richmond area are based on fundraising, charities, donations, and the governments help. The Alzheimer's Association: The Greater Richmond Chapter is a tax-exempt, nonprofit, donor supported organization. Fundraisers include the Walk to End Alzheimer's, the 6th Annual Reason to Hope Fundraising Breakfast, The Judy Fund and third-party fundraisers (Donate, 2014). The Walk to End Alzheimer's raised more than $430,000 in 2013. During this walk many individuals have the opportunity to be sponsors and donations range from $5.00 to $250 to support the organization (Walk To End Alzheimer’s, 2013). The 6th Annual Reason to Hope Fundraising Breakfast helps raise unrestricted funds for needed programs for Alzheimer’s disease and dementia. The Judy Fund raised over $5 million in support of the research and care in 2013(Donate, 2014). Third-party fundraisers are a great source in funding because it is a fun and easy way to raise money. In 2013, Jimmy Hall's Farm Cook-Off raised almost $3,000 (Third-Party Fundraisers, 2014). Fundraisers can be a pivotal asset to funding Alzheimer’s and dementia, as they allow money to not only be raised, but also helps with bringing awareness to the disease in to the community.
However, funding does not have to come from theses source alone, and patients can also seek out Medicare and Medicaid as a possibility. These sources of funding often require patients to meet certain criteria, and as seen in reviewing Medicare, their benefits can be very limited. For instance, Medicare will pay for 100% of the cost of nursing home care if it is medically necessary for 20 days, and 80% of the cost for an additional 90 days. However, Medicare will not pay for personal or assisted living expenses. Medigap plans and Medicare Supplementary Insurance can help with the costs patient’s with dementia acquire in addition to Medicare. These plans will pay for 20% of the cost of nursing home care of which Medicare cover. Medicaid is state and federally funded and has different benefits in each state. In our local area Medicaid will pay for nursing home care, and home care, as well as, personal care and assisted living. Medicaid Waivers are for the individuals who want to receive care outside of the nursing home. These waivers help people pay for care in their homes, communities and assisted or senior living residences. Mid to late stage Alzheimer’s patients qualify for Medicaid benefits because there is no age limit and they take in to consideration one's ability or inability to care for themselves by performing activities of daily living (Medicare vs. Medicaid, 2014).
Through Medicaid and Medicare, PACE program is offered to help meet health care needs in the community instead of the nursing homes. It provides care and services in the home, community and local PACE center (PACE, 2014). Respite Care for...

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