Whealthcare. Why bankers, financial analysts and doctors need to start working together
Over the last few months, as I’ve been musing about the aging brain and how problems with financial capacity are among the most common and earliest signs of more than trivial age-related declines as well as common diseases like Alzheimer’s disease and this idea came to me. In a word, it was “whealthcare.” Whealthcare is not simply a play on words. With aging, our health and wealth face multiple risks. The more we integrate our health and wealth care, the better we can identify and intervene, before it’s too late.
With my colleague Dan Blazer at Duke, I published this essay in Forbes.com introducing the concept.
Some other reporting on this public health topic appears in this recent Philadelphia Inquirer article about a conference we held at Penn on assuring financial security with aging.
Elder abuse and fraud are an issue – a huge issue -- but they’re not the best way to frame this public health problem. If we promote whealthcare, we will reduce the chance of suffering elder abuse and fraud.