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Does Medicare or a Medicare Plus Blue group PPO insurance cover any expenses related to Physical or speech therapy for Alzheimer's patients?

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As JoAnn had mentioned above Medicare will pay for part of the cost for speech therapy. www.medicare.gov/coverage/pt-and-ot-and-speech-language-pathology.html
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You may need a doctor order. Medicare will only pay 80% of what they feel reasonable. Check with supplimental to see what they will cover.
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Looks like it, with a co-pay. But reading through the 26 page table of benefits makes me cross-eyed and tearful with frustration - wouldn't it be quickest and easiest to call the customer services number for your insurance provider and ask?
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