The National Institutes of Health is funding a study through SilverBills and the University of Denver’s Knoebel Institute for Healthy Aging to provide a free year of bill management help & services for dementia or Alzheimer’s caregivers.

NEW YORK, NY, September 27, 2023 /24-7PressRelease/ — A pioneering research study is underway to recruit dementia or Alzheimer’s caregivers to evaluate the effectiveness of the SilverBills tool—a service offering bill payment, budgeting, tax assistance, and secure legal document storage—in alleviating stress and enhancing the quality of life for caregivers. This study represents a significant step toward supporting those who provide care to individuals suffering from Alzheimer’s disease or related dementia, entirely from the convenience of their homes.

Objective:
The primary objective of this study is to examine if utilizing SilverBills can lead to a measurable reduction in the caregiver burden, spanning financial, physical, and emotional well-being. The assessment will take place before and six months after participants have used the service, providing insight into the tool’s immediate and long-term impacts.

Participation Details:
• Eligibility:
• Minimum Age: 18
• Maximum Age: None
• Participants must be providing care for a person diagnosed with Alzheimer’s disease or a related dementia.
• Individuals with cognitive problems that could interfere with study participation or with providing study consent are excluded from participating.

Participation Method:
• The study allows for fully remote participation, enabling caregivers to complete it from their homes.
• After an initial phone consultation, qualifying participants will receive access to SilverBills service free of charge for approximately one year.
• A $100 Amazon gift card will be sent after survey completion

Enrollment:
Individuals interested in participating or learning more about the study are encouraged to contact the general study contact at 800-825-1924 or via email at NIHStudy@silverbills.com. Their website can be viewed at www.silverbills.com.

Implications:
This study is poised to offer valuable insights into how innovative tools like SilverBills can make a tangible difference in the lives of dementia caregivers, potentially paving the way for more comprehensive support systems. By addressing diverse caregiver needs, from financial management to emotional well-being, the research outcomes might herald a new era in caregiving support, improving the quality of life for both caregivers and the individuals they care for.

SilverBills has developed a proprietary bill management software solution that helps clients manage their bills. SilverBills receives, scrutinizes, stores and ensures payment of household bills. Keeping current with bills can be challenging and mistakes can lead to dire consequences such as termination of benefits, like insurance, and financial exploitation. Every client is paired with a dedicated Account Manager, and no computer use is necessary to benefit from our services. SilverBills’ partners include the New York City Department for the Aging and Care.com.

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