Dementia Care Now Costs More Than Cancer
Study pegs it at up to $215B per year in US, and it's bound to get worse
By John Johnson, Newser Staff
Posted Apr 3, 2013 7:07 PM CDT
   (Shutterstock)

(Newser) – A family caring for a parent with Alzheimer's or some other form of dementia can expect to pay about $51,000 a year in medical costs, says a new study in the New England Journal of Medicine. All told, Americans spent up to $215 billion on dementia care in 2010, making it more expensive than cancer or heart disease, reports HealthDay via US News & World Report. The biggest factor—accounting for 84% of the total—is the cost of long-term care, either in a nursing home or in the patient's home.

And a quick look at the nation's demographics makes clear that the problem is only going to get worse, reports CBS News. "Our calculations suggest that the aging of the US population will result in an increase of nearly 80% in total societal costs per adult by 2040," wrote the researchers. Two things would help, they add: Better insurance to cover long-term care or a breakthrough in drugs that would delay the onset of dementia.

More From Newser
My Take on This Story
To report an error on this story,
notify our editors.
Dementia Care Now Costs More Than Cancer is...
5%
6%
65%
2%
17%
6%
Show results without voting
You Might Like
Comments
Showing 3 of 35 comments
No-Left-Turn
Apr 5, 2013 3:20 AM CDT
"Better insurance to cover long-term care or a breakthrough in drugs that would delay the onset of dementia." Of course an expensive new drug would be the answer. Don't bother looking at something simple, like coconut oil, that has worked for many people. Who could get rich promoting that. Is there no coconut oil lobby in Congress?
healthtreform
Apr 4, 2013 6:37 AM CDT
Stop waiting for big Pharma and the billion dollar drug makers to "heal you". Don't rely on Obama care either, take the illness into your own hands http://malalzheimer.blogspot.com/2013/03/stop-waiting-for-drug-makers-to-reverse.html
lvan
Apr 4, 2013 1:25 AM CDT
well if I can't remember my loved ones I might as well be shot. got to put that in a will...