Today, one in three seniors dies with Alzheimer’s Disease or another dementia1, but most people don’t prepare for the long-term care needs of Alzheimer’s until they or someone close to them is diagnosed.
Often, that’s too late to ensure they are ready, financially and otherwise, to care for someone living with Alzheimer’s.
To help encourage families to have conversations about preparing for their care before there’s a need, OneAmerica® announced it is launching a national initiative with the Alzheimer’s Association. OneAmerica support will include planning and prevention resources, as well as funding for Alzheimer’s Association research initiatives to help find a treatment, and care and support programs to improve quality of life for those living with the disease.
“Our goal is to help people start those conversations about the care they want, should they need it,” said Chris Coudret, CLU, ChFC, vice president of strategy and business development, Individual Life and Financial Services, OneAmerica. “Often, people don’t realize there are a lot of steps they can and should take when they’re healthy that can help ease the burden on themselves and their families. It all starts with early conversations – between family members, talking about care expectations as they age, and between people and their trusted financial professionals, talking about what steps they can take to prepare for costs of care.”
At the Intercompany Long-Term Care Insurance (ILTCI) conference, March 24-27 in Chicago, OneAmerica and the Alzheimer’s Association will kick off their collaboration, sharing booth space and encouraging ILTCI attendees to share their stories of friends and family affected by Alzheimer’s. At the conference closing session, the Alzheimer’s Association will present new research and host a speaker from their National Early Stage Advisor Group, which includes individuals living with Alzheimer’s. OneAmerica and ILTCI will also present the Alzheimer’s Association with a donation.
“We are pleased OneAmerica is joining with us in the fight against Alzheimer’s,” said Donna McCullough, chief financial officer, Alzheimer’s Association. “Their generous support will allow us to advance research while enhancing care and support programs for all those affected by Alzheimer’s. We appreciate the additional commitment from OneAmerica to help raise awareness about the financial burden of Alzheimer’s, so that more families are better prepared to face this devastating disease.”
OneAmerica works through a network of trusted financial professionals, agents and brokers who help people prepare for retirement. OneAmerica company products, such as asset-based long-term care (LTC) protection, can help protect financial plans from unexpected expenses. OneAmerica asset-based LTC protection is a stable, predictable, guaranteed option to help with LTC expenses, and can include lifetime benefits and protection of two people with one policy.
“Our work together at the ILTCI Conference is just the beginning,” said Tracey Edgar, RN, BSN, CLTC, vice president of sales, Care Solutions, OneAmerica. “In the coming months, we’ll be rolling out even more ways for our network of agents, brokers and financial planners to become involved with this collaboration, support local Alzheimer’s Association chapters nationwide, and become engaged in the mission to help people plan for the reality of today while supporting a better future.”
For more information about OneAmerica asset-based LTC protection, visit www.oneamerica.com/products-services.
About Alzheimer’s Association
The Alzheimer’s Association is the leading voluntary health organization in Alzheimer’s care, support and research. Our mission is to eliminate Alzheimer’s disease through the advancement of research; to provide and enhance care and support for all affected; and to reduce the risk of dementia through the promotion of brain health. Our vision is a world without Alzheimer’s. Visit alz.org or call 800-272-3900.
A national leader in the insurance and financial services marketplace for more than 140 years, the companies of OneAmerica help customers build and protect their financial futures. OneAmerica offers a variety of products and services to serve the financial needs of their policyholders and customers. These products include retirement plan products and recordkeeping services, individual life insurance, annuities, asset-based long-term care solutions and employee benefit plan products. Products are issued and underwritten by the companies of OneAmerica and distributed through a nationwide network of employees, agents, brokers and other sources who are committed to providing value to our customers. To learn more about our products, services and the companies of OneAmerica, visit OneAmerica.com/companies.
OneAmerica® is the marketing name for the companies of OneAmerica.
Products issued and underwritten by The State Life Insurance Company® (State Life), Indianapolis, IN, a OneAmerica company that offers the Care Solutions product suite. Not available in all states or may vary by state. All guarantees are subject to the claims paying ability of State Life.
On July 27, 2018, State Life was rated A+ (Superior) by A. M. Best. This is the second highest of 16 possible ratings assigned by the agency.
1 2019 Alzheimer’s Disease Facts and Figures, Alzheimer’s Association, www.alz.org/facts