Health
Facing Financial Ruin as Costs Soar for Elder Care
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New Mexico In Depth occasionally publishes stories produced by other news organizations that we feel would benefit New Mexicans. This is part one of “Dying Broke” – a look by Kaiser Family Foundation Health News and the New York Times at the economic devastation families often face caring for their elderly members. Given New Mexico’s aging population, it is particularly timely. Margaret Newcomb, 69, a retired French teacher, is desperately trying to protect her retirement savings by caring for her 82-year-old husband, who has severe dementia, at home in Seattle. She used to fear his disease-induced paranoia, but now he’s so frail and confused that he wanders away with no idea of how to find his way home.
