No doubt by now you have heard about a new test that seniors can take that will serve as an “early warning” signal of Alzheimer’s.
The test will allow doctors to determine of someone will develop Alzheimer’s or dementia-type symptoms within a three-year period.
You can read about the study here if you choose.
But that’s not why I am writing this…I am writing this post as a warning. And this is the warning…
While this test may be a game-changer in terms of fighting the disease, it could also create tons of problems for you from an insurance perspective.
This test could easily be added to the standard tests that are given to people apply for life insurance…or even more importantly long-term care insurance.
This means that it is even more important than ever to get yourself properly covered and to make sure that your financial house is in order. Because the day may come, quite soon, that thousands applying for long-term care insurance will be denied coverage because they are pre-disposed to Alzheimer’s.
So while this research is important towards predicting who will get Alzheimer’s, and may help to point the way to a cure, it also could be problematic to hundreds of thousands of people didn’t get their financial house in order now.