Doctors Called to Act on Financial Abuse of the Elderly
By Juliette Fairley
NEW YORK (MainStreet)--The World Health Organization projects that those over 60 years old will double from 600 million today to 1.2 billion by 2025. Critical to the increased aging population is a rise in elder abuse.
"Investing in the care and safety of our elderly not only protects some of the most vulnerable members of society but it also creates an economic return for the community," said David Thomason, consultant with LeadingAge Texas, Co., a membership organization of not-for-profit faith and community based groups dedicated to serving Texas retirees.
More than 7.3 million senior citizens have already been taken advantage of financially, and medical professionals could be doing more to stop the national trend, according to a new study by Investor Protection Trust (IPT).
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