Dementia’s staggering financial cost is revealed in new report: ‘Bankrupting families’

Dementia’s staggering financial cost is revealed in new report: ‘Bankrupting families’

A great deal of emphasis is placed on the emotional and mental impact of dementia — but a new study from the University of Michigan highlights the financial burden it puts on families as well. Among people who were diagnosed with dementia, out-of-pocket health care costs more than doubled within the first eight years, researchers found. Dementia patients … Read more

1 in 3 New Yorkers spends half their income on rent: ‘staggering’ report

1 in 3 New Yorkers spends half their income on rent: ‘staggering’ report

As one of the most expensive cities in the world, it should come as no surprise that a third of New Yorkers are forking over half their income for rent. The devastating data comes from the latest report from the nonprofit the Community Service Society of New York, which found that 55% of households, or … Read more