Navigation Links
'Elder Abuse' Often Involves Finances, Study Finds
Date:8/6/2014

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:
*Name:
*Comment:
*Email:
Related Image:
'Elder Abuse' Often Involves Finances, Study Finds
(Date:6/26/2016)... Michigan (PRWEB) , ... June 26, 2016 , ... On ... as sponsor of the 2016 Cereal Festival and World’s Longest Breakfast Table in Battle ... honor of the city’s history as home to some of the world’s leading providers ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... ... health policy issues and applications at AcademyHealth’s Annual Research Meeting June 26-28, 2016, ... work on several important health care topics including advance care planning, healthcare costs ...
(Date:6/25/2016)... Long Beach, CA (PRWEB) , ... June 25, 2016 , ... ... from UCLA with Magna Cum Laude and his M.D from the David Geffen School ... San Diego and returned to Los Angeles to complete his fellowship in hematology/oncology at ...
(Date:6/24/2016)... ... 2016 , ... Those who have experienced traumatic events may suffer from a ... such as drug or alcohol abuse, as a coping mechanism. To avoid this pain ... following a traumatic event. , Trauma sufferers tend to feel a range of emotions, ...
(Date:6/24/2016)... CA (PRWEB) , ... June 24, 2016 , ... ... is now offering micro-osteoperforation for accelerated orthodontic treatment. Dr. Cheng has extensive experience ... Damon brackets , AcceleDent, and accelerated osteogenic orthodontics. , Micro-osteoperforation is ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... June 23, 2016 Research and ... Excipients Market by Type (Organic Chemical (Sugar, Petrochemical, Glycerin), ... Topical, Coating, Parenteral) - Global Forecast to 2021" ... The global pharmaceutical excipients market is projected ... CAGR of 6.1% in the forecast period 2016 to ...
(Date:6/23/2016)... DUBLIN , June 23, 2016 ... "Key Pharma News Issue 52" report to their offering. ... need in influenza treatment creates a favourable commercial environment for ... and growing patient base that will serve to drive considerable ... flu vaccine would serve to cap sales considerably, but development ...
(Date:6/23/2016)... June 23, 2016 Revolutionary technology ... Oticon , industry leaders in advanced audiology and ... Oticon Opn ™, the world,s first internet connected ... for IoT devices.      (Photo: http://photos.prnewswire.com/prnh/20160622/382240 ... a number of ,world firsts,: , TwinLink™ ...
Breaking Medicine Technology: