Common Forms of Abuse Among the Elderly in Nursing Homes
Aging individuals in most instances need round-the-clock care. When families are no longer able to provide sufficient support, their best option is often a nursing home. Nursing homes are, however, not all perfect.
Nursing home abuse is one of the frequent cases handled by specialized lawyers in Macon, GA such as paulbennettlaw.com. Nursing home financial abuse, in particular, is one of the most common yet subtle forms of abuse. It costs the elderly approximately $3 billion annually.
Here are some of the forms of financial abuse in these facilities.
Abuse of Power Of Attorney
This abuse is mostly committed by people close to the patient. In most instances, caregivers can gain the confidence of your loved one and convince him or her to transfer their power of attorney to them. This way, they control the assets, properties, and accounts of the patients.
In some unfortunate instances, however, this abuse is committed by the patient’s family members.
Investment Broker Scams
Investment brokers in this scam convince the elderly to transfer control of the assets to them in return for high yield returns on investments. Most brokers, however, make excessive transactions and transfers to charge high commissions to their elderly clients.
Most of these investments are not in the best interest of their clients as they take advantage of their limited financial knowledge.
The nursing home mostly commits this kind of financial abuse itself. It takes many forms but overbilling is the most common one. This includes charging for medications and services not provided to your loved one.
Some facilities also subject their patients to unnecessary medical procedures in an attempt to increase their bills.
Most victims and family members do not even notice financial abuse until it is too late. The best way to protect your relatives from financial abuse when in a nursing home is to be alert and always be involved. Isolation is one of the most significant risk factors for financial abuse in these settings.