Navigation Links
'Elder Abuse' Often Involves Finances, Study Finds

WEDNESSDAY, Aug. 6, 2014 (HealthDay News) -- As many as one in 20 older adults in the United States may be financially exploited, a new study suggests.

In fact, most older adults have had their money or property stolen or used improperly at some point, the researchers found. What's worse is that this abuse often occurs at the hands of their relatives.

Although financial exploitation is the most common form of elder abuse, it has not gotten the scrutiny it deserves from doctors, policy makers and caregivers, the researchers concluded. The findings were published Aug. 6 in the Journal of General Internal Medicine.

"Financial exploitation of older adults is a common and serious problem, and especially happens to elders from groups traditionally considered to be economically, medically and socio-demographically vulnerable," Janey Peterson, of Weill Cornell Medical College, said in a journal news release.

"In addition to robbing older adults of resources, dignity and quality of life, it is likely costing our society dearly in the form of increased entitlement encumbrances, health care and other costs," she said.

Older people are particularly vulnerable to various forms of abuse since they are often socially isolated or facing mental decline, the researchers noted. To more closely examine the prevalence and contributing factors of financial exploitation among older adults, the researchers interviewed more than 4,000 adults aged 60 and older living in New York state.

The study revealed that about 3 percent of those questioned reported being financially exploited in some way over the past year, and nearly 5 percent said they were victims of this type of abuse at some point late in life.

Roughly 80 percent of those interviewed had money or property stolen or misused over the past year. For just over 40 percent of the participants, this happened two to 10 times. The researchers pointed out that 9 percent of the older people questioned said it happened more than 10 times.

In some cases, the older people were forced or tricked into giving up their rights or property. Others were forced or misled into signing or making changes to a legal document.

The older people interviewed also reported being impersonated so that others could acquire property or services. Some admitted to paying for all household expenses without contributions from their family members. A small number of the participants said they were very poor and not receiving any support from family or friends.

Often -- about 60 percent of the time -- the financial abuse faced by the older people interviewed was carried out by their adult children. Friends and neighbors were responsible approximately 17 percent of the time and paid home aides were the perpetrators about 15 percent of the time.

Most often, the older people who were exploited were very poor and black, according to the study. Often, victims were living in large households without their spouse. The older people needing the most help maintaining their independence were particularly at risk for financial abuse, the researchers added. Those who need help shopping and making meals often provide others access to their finances.

More information

The U.S. Department of Health and Human Services provides more information on elder abuse.

SOURCE: Springer, news release, July 30, 2014


Copyright©2014 ScoutNews,LLC.
All rights reserved  

Related medicine news :

1. Locked, loaded & feeling low: Dangers of gun ownership in the elderly
2. Carnegie Mellon researchers discover social integration improves lung function in elderly
3. Being Sardinian puts a smile on the face of the elderly
4. EORTC and SIOG update expert opinion on management of elderly patients with NSCLC
5. Internet use can help ward off depression among elderly
6. Experts question routine mammograms in elderly
7. Surgery after major stroke also improves survival odds in elderly patients
8. Better continuity of care for elderly pataients cuts costs and complications, study finds
9. Dance and virtual reality: A promising treatment for urinary incontinence in elderly women
10. United Methodist Homes of NJ and Chinese Eldercare Representatives Sign Memorandum of Understanding
11. BCC Research Publishes a New Report on U.S. Elder Care Market
Post Your Comments:
Related Image:
'Elder Abuse' Often Involves Finances, Study Finds
(Date:6/24/2016)... ... June 24, 2016 , ... The Pulmonary Hypertension Association ... it will receive two significant new grants to support its work to advance ... 25th anniversary by recognizing patients, medical professionals and scientists for their work in ...
(Date:6/24/2016)... San Francisco, CA (PRWEB) , ... June 24, ... ... at CitiDent, is now offering micro-osteoperforation for accelerated orthodontic treatment. Dr. Cheng has ... , self-ligating Damon brackets , AcceleDent, and accelerated osteogenic orthodontics. , ...
(Date:6/24/2016)... ... 2016 , ... Topical BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, join The ... raise to $12 an hour by 2020 and then adjusting it yearly to increase at ... the minimum wage, assure the wage floor does not erode again, and make future increases ...
(Date:6/24/2016)... Georgia (PRWEB) , ... June 24, 2016 , ... ... awards today at the Clinical Decision Making in Emergency Medicine conference in Ponte ... have authored journal articles published in Emergency Medicine Practice and Pediatric ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... ... client, The Grove Investment Group (TGIG), has initiated cultivation and processing operations at ... Las Vegas and Pahrump, Nevada. , Puradigm is the manufacturer of a complete ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 Research and ... News Issue 52" report to their offering. ... influenza treatment creates a favourable commercial environment for MedImmune to ... patient base that will serve to drive considerable growth for ... would serve to cap sales considerably, but development is still ...
(Date:6/23/2016)... INDIANAPOLIS , June 23, 2016 /PRNewswire/ ... Diabetes Tomorrow,s Leaders Scholarship is any indication, the future ... today online at by the Diabetes ... stand in the way of academic and community service ... scholarship program since 2012, and continues to advocate for ...
(Date:6/23/2016)...  Guerbet announced today that it has been named ... . One of 12 suppliers to receive ... support of Premier members through exceptional local customer service ... to lower costs. ... outstanding customer service from Premier," says Massimo Carrara ...
Breaking Medicine Technology: