Image of brain with regions of the medial temporal lobe
22 March, 2018, 01:19
Des Moines- For the second consecutive year, total payments to care for individuals living with Alzheimer's or other dementias will surpass a quarter of a trillion dollars ($277 billion), which includes an increase of almost $20 billion from last year, according to data reported in the Alzheimer's Association 2018 Alzheimer's DiseaseFacts and Figures report released today.
A special part of the annual 2018 Alzheimer's Facts and Figures report analyzes the personal and financial savings that an early diagnosis can bring. It is also updated that with the growth of older economy the number of people who are diagnosed with Alzheimer's disease is also growing that puts a bad impact on nation's economy.
"One treatment option in the report modelled the potential cost of a preventative treatment that could be given to over 29 million people to delay the start of Alzheimer's". Unless something is done, in 2050, Alzheimer's will cost $1.1 trillion (in 2017 dollars). "Soaring prevalence, rising mortality rates and lack of an effective treatment all lead to enormous costs to society". Diagnosis now takes place after symptoms begin to appear, but the diseases that cause dementia can begin 15 to 20 years before then. Alzheimer's is the sixth leading cause of death in Americans.
The diagnosis cases are such strong that in every 65 seconds, some in the USA gets diagnosed with Alzheimer's dementia.
They noted that 41 percent of the care givers to Alzheimer's disease patients had an income of $50,000 a year or less but ended up spending $10,697 from their own pockets compared to $5,758 spent by care givers to other diseases.
As the population of the USA ages, Alzheimer's is becoming a more common cause of death, and it is the only top 10 cause of death that can not be prevented, cured or even slowed.
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About one in three caregivers (34 percent) is age 65 or older. Of that amount, the report found $186 billion is the cost to Medicare and Medicaid, while $60 billion constituted out-of-pocket costs.
With his support, this bill can affect the lives of so many affected by this debilitating disease.
People with Alzheimer's have a higher production rate of tau proteins than healthy individuals, according to a study published today (March 21) in Neuron.
As much as $7.9 trillion in health and long-term care expenditures could be saved, however, if Alzheimer's were diagnosed early, when cognitive impairment is considered mild, according to an accompanying special report using economic modeling data.
The charity is making eight recommendations for the taskforce to take forward as initial actions, including: considering innovative funding models to help cover the cost of future treatments; piloting specialist Brain Health Clinics; and working on improving understanding of what measures reflect the true value of Alzheimer's treatments.
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