WHAT’S BEING CLAIMED:
- A new report says that the U.S. health care system and caregivers are alarmed of the sudden increases in Alzheimer’s disease cases, deaths and costs.
- Alzheimer’s Association published online a new report on Alzheimer’s disease facts and figures stating that 5.7 million Americans are suffering from Alzheimer’s disease.
- The cost of caring for American patients with Alzheimer’s and other dementias is approximately $277 billion this year.
The Alzheimer’s Association new report found that the $277 billion estimated cost of caring for people with Alzheimer’s in America doesn’t include voluntary caregiving. The cost to Medicare and Medicaid is $186 billion while out-of-pocket costs reach $60 billion.
By 2025, the number of Americans suffering from Alzheimer’s could reach 7.1 million. If no new treatments will be discovered, the statistics could reach 13.8 million by the year 2050.
Another disturbing fact is that someone in the U.S. develops Alzheimer’s disease every 65 seconds. Experts are saying that it will happen every 33 seconds by 2050.
Deaths from Alzheimer’s have more than doubled from the year 2000 to 2015, increasing at an alarming rate of 123 percent.
“This year’s report illuminates the growing cost and impact of Alzheimer’s on the nation’s health care system, and also points to the growing financial, physical and emotional toll on families facing this disease,” said Keith Fargo, director of scientific programs and outreach for the Alzheimer’s Association.
“Soaring prevalence, rising mortality rates and lack of an effective treatment all lead to enormous costs to society,” Fargo added. “Alzheimer’s is a burden that’s only going to get worse.”
The report also noted these facts:
- Two-thirds of Americans over age 65 with Alzheimer’s disease (3.4 million) are women
- Alzheimer’s is the sixth-leading cause of death in the United States and the fifth-leading cause of death for people 65 and older.
- Alzheimer’s is the only disease in the “Top 10 cause of death list” that can’t be prevented, cured or slowed.
- The lifetime cost of care for an Alzheimer’s patient stood at $329,360.
- Alzheimer’s and other dementia caregivers spend almost twice as much out-of-pocket ($10,697) as other caregivers ($5,758).
The researchers said that detecting Alzheimer’s disease early could save Americans as much as $7.9 trillion in health and long-term care expenses.
“We must continue to attack Alzheimer’s through a multidimensional approach that advances research while also improving support for people with the disease and their caregivers,” Fargo concluded.
Source: CBS News