Weinstein & Randisi
Toll free:800-768-1780

Resize the Content Text

Alzheimer's test could impact long term care insurance

Alzheimer's Disease is something that has impacted millions of people from one side of the world to the next. This is true among many of our New York readers, as well as those in other parts of the world.

Researchers at Georgetown University, as well as a number of other medical centers, have developed a blood test that can predict with 90 percent accuracy whether or not a person will develop this disease within two to three years. If this ends up being accurate and is accepted by medical professionals throughout the country, it could have a big impact on long term care insurance.

Not only could this impact the industry in many ways, but it could go a long way in helping researchers find a treatment and possible cure for the disease. If it also offers the ability for medical professionals to intervene at an earlier time, long term care costs will be positively impacted.

In the event that somebody submits to the test and finds that he or she could develop the impairment, there is a much better chance the person will purchase long term care insurance. However, if insurance companies have access to the results, they will either deny the person coverage or simply charge him or her a higher premium.

There is a lot that goes into long term care planning, and medical testing is just one of the many things that people do to improve their chance of a better future. If this test for Alzheimer's Disease works as planned, it could throw a wrench into the long term care insurance market.

Source: Forbes, "How A New Alzheimer's Test Could Kill Long-Term Care Insurance -- Or Make It Cheaper" Howard Gleckman, Mar. 26, 2014

No Comments

Leave a comment
Comment Information
  • I wanted to write to say how pleased my wife and I were at your professional handling of our estate planning and preparation of new wills. We were put at ease by your visit to our home for an interview and were pleased that you listened to us and captured the things that we felt were important.

    --Robert and Christine Simonson, Fairport
  • In order to finalize the documents we came to your office and were greeted in a very professional manner and we could not have asked for finer service. We left with copies of everything we needed and feel very confident our needs have been met. Thanks again. We will surely recommend you should the opportunity arise.

    — Christine and Robert Simonson, Fairport
  • I have been working with Weinstein & Randisi for about two years now. Elizabeth Randisi, through a very thorough process, has helped my wife and me determine what is really important in our lives. Thus, we were able to draft a living will that reflected our most important values regarding our estate.

    --David and Ajia Cherry, Fairport
  • I would like to give a testimony for Elizabeth Randisi, an estate attorney with Weinstein & Randisi. Her knowledge of wills and estate planning was clearly demonstrated in her presentation to us. Realizing our need for a will, my husband and I went to see Elizabeth.

    --Kathy and Gary Gray, Webster
  • Filing for Medicaid is never an easy or fun process. However, working with the Weinstein & Randisi firm made the process simple and streamlined. We were able to obtain all files and records regarding Medicaid enrollment within a few days using specially prepared checklists and verbiage recommended by our assigned paralegal.

    --Ajia and David Cherry, Fairport
Awarded Top 50 Estate Planning Blog
Email Us For a Response

How Can We Help You?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Blog Feed


Weinstein & Randisi - estate planning

290 Linden Oaks, Ste. 200
Rochester, NY 14625

Toll Free: 800-768-1780
Phone: 585-310-1578
Rochester Law Office Map


Call us now for a free, 100% confidential consultation: