Every 68 seconds someone in America develops Alzheimer’s
Posted on March 29, 2012
News from the web:
According to the Alzheimer’s Association’s® 2012 Alzheimer’s Disease Facts and Figures, the cost to care for a person with dementia is on the rise.
“With aging baby boomers and the nation facing unprecedented economic challenges, it is more important than ever for America to deal with the Alzheimer’s crisis,” said Karen Noel, the executive director of the Alzheimer’s Association’s Great Plains Chapter. “The impact of Alzheimer’s on Nebraska cannot be underestimated, with as many as 37,000 living with the disease now and an estimated 44,000 living with it by 2025 – it is clear every effort must be made to address Alzheimer’s disease today.”
Alzheimer’s and Other
Dementias as Cost Driver for Nebraska and the Nation
• The new report reveals there are 15.2 million friends and family members providing care for individuals with Alzheimer’s and other dementias, including 77,632 caregivers in Nebraska. In 2011, these caregivers provided $210 billion dollars’ worth of unpaid care nationally, and 1,101,451,591 in Nebraska.
• Caring for people with Alzheimer’s and other dementias will cost the United States an estimated $200 billion in 2012, including $140 billion paid by Medicare and Medicaid.
• Medicare payments for an older person with Alzheimer’s or other dementias are nearly three times higher while Medicaid payments are 19 times higher than for seniors without Alzheimer’s and other dementias.
• Unless a concerted effort to change the trajectory of the disease is made today, costs for Alzheimer’s and other dementias will soar from $200 billion this year to as high as $1.1 trillion dollars in 2050–just 38 years. This dramatic rise includes a 500 percent increase in combined Medicare and Medicaid spending and 400 percent increase in out-of-pocket spending for families.
Read all about it HERE
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