In 2012, the direct costs of caring for those with Alzheimer’s
or other dementias to American society will total an estimated $200
billion.
Average per person Medicare payments for an older person with Alzheimer’s or other dementias are nearly 3 times higher than for an older person without these conditions. Medicaid payments are 19 times higher. These costs will only continue to soar in the coming years given the projected rapidly escalating prevalence of Alzheimer’s disease as the baby boomers age.
Unless something is done, the care costs of Alzheimer’s and other dementias will soar from $200 billion this year to a projected $1.1 trillion (in today’s dollars) by 2050. This dramatic rise includes a 500 percent increase in combined Medicare and Medicaid spending.
Source:http://www.alz.org/documents_custom/2012_facts_figures_fact_sheet.pdf
Average per person Medicare payments for an older person with Alzheimer’s or other dementias are nearly 3 times higher than for an older person without these conditions. Medicaid payments are 19 times higher. These costs will only continue to soar in the coming years given the projected rapidly escalating prevalence of Alzheimer’s disease as the baby boomers age.
Unless something is done, the care costs of Alzheimer’s and other dementias will soar from $200 billion this year to a projected $1.1 trillion (in today’s dollars) by 2050. This dramatic rise includes a 500 percent increase in combined Medicare and Medicaid spending.
Source:http://www.alz.org/documents_custom/2012_facts_figures_fact_sheet.pdf
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