April 4, 2013

Dementia Care Cost Is Projected to Double by 2040

By Logan Lafferty

The most rigorous study to date of how much it costs to care for Americans with dementia found that the financial burden is at least as high as that of heart disease or cancer, and is probably higher…If anything, Dr. Petersen said of the study’s numbers, “they’re being somewhat conservative.” Dr. Petersen, the director of the Alzheimer’s Disease Research Center at the Mayo Clinic, is part of another team collecting data on dementia costs. The RAND results show that nearly 15 percent of people aged 71 or older, about 3.8 million people, have dementia. By 2040, the authors said, that number will balloon to 9.1 million people.

 

New York Times by Pam Belluck

Tags: Alzheimer's Disease Research Center, care cost, dementia, Finanical, Neurology, New York Times, projection, Research

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