IS THERE GOVERNMENT FINANCIAL ASSISTANCE AVAILABLE FOR ALZHEIMER'S? Social Security doesn’t specifically cover costs for dementia. However, individuals with dementia may be eligible for two Social Security benefits: Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI).
Help, Dementia!’s recent article, “Financial Costs and Planning for Dementia and Alzheimer’s,” explains that Social Security Disability Insurance (SSDI) provides financial support to those who’ve worked and paid into the Social Security system and are now unable to work due to a disability, including dementia. To be eligible for SSDI, the individual must have a sufficient work history, and their condition must meet the Social Security Administration’s definition of a disability.
Supplemental Security Income (SSI) provides financial support to people with a limited income and assets who are aged, blind, or disabled. Individuals with dementia may be eligible for SSI, if they meet the income and asset limits set by the Social Security Administration. Eligibility for these benefits and the amount of the benefit can vary based on individual circumstances.
IS THERE GOVERNMENT FINANCIAL ASSISTANCE AVAILABLE FOR ALZHEIMER'S?
The aging agency, the Area Agency on Aging, can also provide information and resources on financial assistance for those with dementia and their families. However, the specific financial assistance available through the aging agency can vary depending on the location and the services offered by the agency. Some services that the aging agency may provide include:
Life resource planners and elder law lawyers can be useful for those with dementia and their families who need assistance with financial and legal planning. Life resource planners are professionals who specialize in helping individuals and families plan for their future, including financial and legal planning.
Elder law lawyers specialize in legal issues affecting older adults, such as estate planning, government benefits and long-term care planning.
Schedule your phone appointment: THE LAW OFFICES OF CLAUDE S. SMITH, III
IS THERE GOVERNMENT FINANCIAL ASSISTANCE AVAILABLE FOR ALZHEIMER'S?
Reference: Help, Dementia! (February 12, 2023) “Financial Costs and Planning for Dementia and Alzheimer’s”
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