FOR IMMEDIATE RELEASE | January 21, 2005
Alzheimer's Foundation of America and MetLife Form Pilot Program Alliance Will Boost Resources for Alzheimer's Community
NEW YORK, NY—The Alzheimer's Foundation of America (AFA) and MetLife have formed a strategic alliance to pilot a program to deliver information about Alzheimer's disease and related illnesses, and long-term planning issues to the growing number of Americans impacted by memory disorders.
As part of the pilot program, AFA and MetLife will collaborate on training and workshops for consumers and healthcare professionals. Topics include medical aspects of the disease, caregiving, community resources, end-of-life issues, and financial planning.
The alliance comes at a time when the incidence of Alzheimer's disease is rising dramatically, projected to increase from approximately five million to 16 million Americans by mid-century. The brain disorder strikes an estimated one in ten people aged 65 and older and 50 percent of those 85 or older, and is the eighth leading cause of death in the U.S.
"This relationship forges exciting new ground in the delivery of information to people dealing with dementia. The ramifications of this horrific disease are enormous, and families need resources to better plan for their future," said Eric J. Hall, AFA's chief executive officer. "This alliance fits our goal to partner with top-notch national companies in order to enrich the level and quality of care."
Joseph W. Jordan, senior vice president, MetLife Individual Business product management and marketing, added: "We are pleased to partner with AFA for this pilot program, which recognizes the urgent need for care of those with Alzheimer's and related diseases. Ted Mageau, a MetLife manager, was the key person in arranging this pilot program and now, within just a few weeks, ten offices have come on board to help deliver educational information to older adults and caregivers in their communities to promote wellness and disease prevention."
The participating offices are Central States Financial Group in Dublin, OH; Globus Virginia in Falls Church, VA; Michigan Financial Associates in Troy, MI; North Coast Financial in Roslyn, NY; O'Malley & Associates in Downer's Grove, IL; The Partners Financial Group in Broadview, OH; the Pennsylvania Business Group in Plymouth Meeting, PA; the Pittsburgh office of MetLife in Pittsburgh, PA; Twin Cities office of MetLife in Bloomington, MN; and Wealth Planning Group in Tinton Falls, NJ.
The Alzheimer's Foundation of America, a nonprofit organization, was founded in February 2002 to provide optimal care to individuals confronting Alzheimer's disease and related illnesses, and to their families by addressing their educational, social, emotional and practical needs. Its member organizations from coast to coast collaborate on resources, program design, education, fundraising, and advocacy.
AFA's services include a toll-free hotline with counseling by certified social workers; educational conferences and materials; a national memory screening initiative; a free quarterly magazine for caregivers, Vantage; and a new division, Dementia Care Professionals of America, that offers membership, training and qualification to dementia care professionals. For more information, call AFA at 866-AFA-8484 or visit www.alzfdn.org.
MetLife, a subsidiary of MetLife, Inc. (NYSE: MET), is a leading provider of insurance and other financial services to individual and institutional customers. The MetLife companies serve individuals in approximately 13 million households in the U.S. and provide benefits to 37 million employees and family members through their plan sponsors. Outside the U.S., the MetLife companies serve approximately 8 million customers through direct insurance operations in Argentina, Brazil, Chile, China, Hong Kong, India, Indonesia, Mexico, South Korea, Taiwan and Uruguay. For more information about MetLife, visit www.metlife.com.
MetLife Foundation, established by MetLife in 1976, has supported Alzheimer's disease research and outreach activities for more than 20 years. Since 1986, the Foundation has awarded $9.5 million in grants through its Awards for Medical Research program. Most recently, MetLife Foundation was the sponsor of The Forgetting, an Emmy-winning primetime PBS documentary and outreach program on the disease. For information about MetLife Foundation, visit visit www.metlife.org .
Contact: Carol Steinberg