Eldercare organizations get new name
LeadingAge Connecticut is the new name of the Connecticut Association of Not-for-Profit Providers for the Aging, with the organization representing 130 nonprofits including nursing homes and assisted-living associations.
The nonprofit is an affiliate of Washington, D.C.-based LeadingAge, which previously was known as the American Association of Homes and Services for the Aging.
Alzheimer”™s association seeks national plan
After collecting testimony from some 43,000 people at more than 130 forums nationwide, the Alzheimer”™s Association said it wants research funding to increase to $2 billion annually and to have Medicare fund demonstration projects to find the best models for communities to deliver services to citizens afflicted with the disease.
Connecticut was one of a handful of states that did not host a public information session in connection with the study, according to the Alzheimer”™s Association, although many eldercare professionals and residents furnished testimony.
“Alzheimer”™s irreversibly robs people of their very selves,” Harry Johns, CEO of the Washington, D.C.-based Alzheimer”™s Association, stated in a preface to the report. “It also exacts a significant toll on the millions of family members and friends who must both witness and often provide exhaustive, round-the-clock care as their loved ones succumb to the disease. Yet Alzheimer”™s disease now stands as the only cause of death among the top 10 in the United States without a means to prevent, cure or even slow its progression.”
AARP: Financial advisers must recognize Alzheimer”™s onset
About four of five financial professionals think their firms should provide additional training to address the challenges of working with older investors with Alzheimer”™s disease or who otherwise have diminished mental capacity, according to a survey conducted by the AARP Public Policy Institute.
Less than a third of some 500 financial advisers and compliance officers said they are adequately trained to deal with seniors suffering from deteriorating mental conditions, and pointed out a need for companies to follow set protocols when an adviser suspects diminished capacity.
“Our research shows a real need for professionals to be knowledgeable about the sensitive impairment issues confronting some older investors,” said Susan Reinhard, senior vice president of the AARP Public Policy Institute, in a written statement.
