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August 8th, 2008

A major breakthrough in the treatment of Alzheimer's disease was revealed by scientists at the Alzheimer's Association International Conference on Alzheimer's Disease (ICAD 2008) in Chicago, Illinois.Professor Claude Wischik

Their pioneering research points to a new treatment that appears to slow the progress of the disorder by 81% over a year, and could offer hope to millions worldwide. The product - remberTM - is the first drug to act on the tangles discovered by Alois Alzheimer over a century ago.

Read more and video...


Chicago – Adults with Alzheimer's in nursing homes who are talked to like children are more resistant to care, according to new research reported today at the 2008 Alzheimer's Association International Conference on Alzheimer's Disease (ICAD 2008) in Chicago.

Respectful communication

As effective pharmaceutical treatments and prevention for Alzheimer's remain elusive, some researchers are focusing their efforts on improving quality of life and care – including communication. One study determined that there is a correlation between how nursing home staff communicates with residents who have dementia and the residents' subsequent resistance to care. Another investigated how families work to maintain normalcy and coherence during dinner time conversation when a family member with Alzheimer's is included.

Read more and video... 

May 2nd, 2008

New Alzheimer’s Foundation for Caregiving in Canada is Established
Group is Sister Organization to Alzheimer’s Foundation of America
 

RICHMOND HILL, ONTARIO—As Canada braces for an escalating incidence of Alzheimer’s disease in the coming decades, a new nonprofit organization has emerged on the scene to provide care-related services to individuals with the brain disorder and their families, as well as highlight the importance of early diagnosis and intervention.

    The Alzheimer’s Foundation for Caregiving in Canada, Inc. (AFCC) today announced its establishment as a national nonprofit organization with the mission of “providing optimal care and services to individuals confronting dementia, and to their caregivers and families—through member organizations dedicated to improving quality of life.”

   AFCC is a sister organization to the Alzheimer’s Foundation of America, a nonprofit organization based in New York that unites more than 800 member agencies in the United States and is the leading advocate for early detection of Alzheimer’s disease and related disorders. It marks AFA’s first counterpart organization outside the United States.

   As one of its first major initiatives, AFCC will hold Canada’s inaugural National Memory Screening Day on November 18, offering free confidential screenings to those with memory concerns. Qualified healthcare professionals will administer the face-to-face screenings at convenient venues across Canada; screening results do not represent a diagnosis, but can indicate whether someone should pursue further evaluation.

    The event patterns AFA’s National Memory Screening Day, which AFA has held annually in the United States since 2003. Last year, more than 40,000 people were screened at approximately 2,000 sites from coast to coast.

   The announcement of AFCC’s formation coincides with the observance of Mother’s Day on May 11—a time when families celebrate their loved ones, but also when some may note warning signs of dementia, such as memory loss, confusion and decline in verbal skills.

    Currently, an estimated 450,000 Canadians aged 65 and older have some form of dementia, including two-thirds with Alzheimer’s disease. Women represent two-thirds of those with the illness. This number is expected to increase to 778,000 by 2031.

    “Our hope is that our new Canadian organization will ease the way for families facing this heartbreaking disease, giving them the critical support they need and the knowledge that they are not alone,” said Eric J. Hall, founding chief executive officer of both AFA and AFCC.   

   Hall also announced that AFCC’s first president is Taras W. Rohatyn, who brings a wealth of nonprofit, government and advocacy experience to the position. Previously, he led the Association for Persons with Physical Disabilities of Windsor and Essex County for 12 years.

    “It is an exciting prospect to know that AFCC’s presence will be able to change lives in Canada,” Rohatyn said. “By collaborating with member organizations that provide direct services in their communities, we will meet the educational, practical and emotional needs of families head-on.”

    For more information about the Alzheimer’s Foundation for Caregiving in Canada, visit www.alzfdn.ca or call (toll-free) 1-877-321-2594.

 

November 4, 2007

Protect yourself and your loved ones

The Oregon Department of Consumer and Business Services is launching a campaign to educate seniors and their families on types of financial abuse they may be subjected to. The department will be putting on presentations around the state to discuss predatory marketing by insurance agents and security brokers, the law that requires agents and brokers to ensure a product is suitable for the buyer, and the insurance and investment-related scams aimed at our senior citizens. The department has also developed several free publications that will assist seniors and their loved ones when faced with a situation that may involve unscrupulous financial dealings.

Seniors are tempting targets for unscrupulous or deceptive sales practices, because they are at a point in life where decisions about large sums of money from a lifetime of savings and asset appreciation are being made. It can be difficult to separate financial decisions made for legitimate reasons, from pressured decisions that may cause financial harm.

Actual cases being investigated by the Oregon Department of Consumer & Business Services include:

A 92 year old was sold a five-year term annuity that tied up his money and had large penalties for early withdrawal.

An agent misrepresented a product to an 80-year-old widow and convinced her to cash out her deceased husband’s annuities, which could have been continued under her name. The agent received a large commission on a new product she purchased, and the widow lost earnings on the annuity.

An ill 77 year old had no access to his money, having been talked into purchasing a 5-year annuity. He died the same year.

A recently widowed 78 year old was induced to surrender her existing annuities worth $706,419 and purchase eight new annuities, causing her a financial loss of approximately $85,000.

An insurance agent was caught in a bank trying to cash out an 87 year old widow’s CD in order to write a 10-year fixed annuity. The application paperwork the agent had was blank except for the widow’s signature.

An agent sold a $7000 life insurance policy to an 80-year-old widow with Alzheimer’s.

An insurance agent put all the liquid assets of a couple aged 84 and 76 into an annuity, leaving them with only $3500 while earning the agent a large commission.

An agent sold an annuity to an 83 year old who didn’t understand the product. When money was needed, the family had to pay over $93,000 in penalties for early withdrawal.

Fortunately, the Department was able to help most of these individuals in retrieving their losses, but the Division knows they are only seeing a small portion of the senior financial abuse that is occurring in Oregon.

Learn about your rights and the services that can help you. If you or a loved one think you have been a victim of unscrupulous behavior, contact the Department of Consumer & Business Services, Oregon Insurance Division, Consumer Advocacy Unit, 1-888-877-4984 or 503-947-7984 in Salem. Consumer advocates also help Oregonians with any of their insurance complaints. 

www.dcbs.oregon.gov 

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