The High Costs of Alzheimer's

The High Costs of Alzheimer's

Cost of care for Alzheimer's will increase by $20 over previous year, a 2018 Alzheimer's Disease Facts and Figures report released today. "Soaring prevalence, rising mortality rates, and lack of an effective treatment all lead to enormous costs to society. Alzheimer's is a burden that's only going to get worse", he said in an association news release.

According to the estimated data, cost of care for Alzheimer's will increase to more than $1.1 trillion by 2050.

Every 65 seconds someone in the USA develops Alzheimer's disease, according to a recent study by the Alzheimer's Association. About 5.7 million Americans have Alzheimer's disease - 5.5 million of them aged 65 and older.

While the number of deaths from heart disease decreased by 11 percent from 2000 to 2015, the association says the number of Alzheimer's-related deaths increased by 123 percent in the same time period.

Given the long duration of this disease, the strain on Alzheimer's caregivers can last years and produce serious declines in caregiver physical, emotional, and financial well-being. Almost half of all caregivers who help older adults are caring for someone with Alzheimer's or another dementia. Families bear 70 percent of that cost through out-of-pocket expenses and the value of unpaid care.

On its own, such an approach would cost around £9 billion per year - but could slash nearly £13bn off the overall cost of dementia to health services and the economy.

Dementia caregivers also spend almost twice as much out-of-pocket ($10,697) as other caregivers ($5,758), the findings showed.

Alzheimer's is the 6th leading cause of death and most expensive disease in the United States.

"Out of the top 10 chronic diseases, we are the only one that doesn't have a cure or a way to slow it down", Cindy Miller, a Dementia Care Specialist, said.

The report from dementia charity Alzheimer's Research UK warns that the government and NHS must be ready to cope with the cost of new Alzheimer's treatments - and associated diagnostic procedures - that could run into billions.

"Discoveries in science mean fewer people are dying at an early age from heart disease, cancer, and other diseases", Fargo said.

Related News:

  • Saudi execution sparks protest in Jakarta

    Saudi execution sparks protest in Jakarta

    The demonstrators alleged that the Saudi Arabian authorities had forced Misrin to confess and accused them of not giving him a fair hearing.
    Ole Miss officially welcomes head men's basketball coach

    Ole Miss officially welcomes head men's basketball coach

    Ross Bjork and the Ole Miss Athletics Department have allocated $900,000 for the three hires, up from previous allocations. A special press conference was held in The Pavilion to introduce Kermit Davis, longtime coach Andy Kennedy's replacement.
    Del Potro outlasts Federer to win Indian Wells title

    Del Potro outlasts Federer to win Indian Wells title

    In the 10th game of the third set Federer returned the favour with three match points of his own but Del Potro timed his forehand shots perfectly.
  • Facebook boss Mark Zuckerberg summoned by MPs

    Facebook did not conduct an audit of Cambridge Analytica in 2015 when the violations were first discovered, according to Facebook. Facebook CEO Mark Zuckerberg lost nearly $5 billion as the company's market cap fell more than $36 billion to $501.3 billion.
    Met Office issues ice warning for West Berkshire

    Met Office issues ice warning for West Berkshire

    It's worth checking your contract or staff handbook to see if it includes anything about extreme weather or childcare emergencies. Why is it turning colder again? Motorists and pedestrians are being warned about icy conditions this evening and overnight.
    WINTON GROUP Ltd Has $416000 Position in Archer Daniels Midland Co (ADM)

    WINTON GROUP Ltd Has $416000 Position in Archer Daniels Midland Co (ADM)

    It is positive, as 66 investors sold GM shares while 322 reduced holdings. 58 funds opened positions while 95 raised stakes. Leighton Welch decreased its stake in Citigroup (C) by 3.45% based on its latest 2017Q3 regulatory filing with the SEC.
  • Daniel Bryan medically cleared to return to the WWE ring

    Daniel Bryan medically cleared to return to the WWE ring

    Ronda Rousey is facing her first WrestleMania next month and she has some suggestions on how she might react in the ring. The 36-year-old had suffered a brain lesion and was suffering from concussion side effects such as seizures.
    Egypt court orders suspension of Uber, Careem services in victory for taxis

    Egypt court orders suspension of Uber, Careem services in victory for taxis

    Careem said on its Facebook page that it hadn't been informed of the decision and that it was continuing its operations. Uber Egypt's general manager Abdellatif Waked said: "We respect the rulings of the Egyptian judiciary".
    Walmart (NYSE:WMT) PT Lowered to $94.00 at MKM Partners

    Walmart (NYSE:WMT) PT Lowered to $94.00 at MKM Partners

    Ameriprise Financial Inc. increased its position in Walmart by 0.5% in the 3rd quarter. (NYSE:WMT) or 9,367 shares. State Treasurer State of Michigan's holdings in Walmart were worth $42,367,000 as of its most recent SEC filing.
  • Windows 10 SDK Preview Build 17120 now available for developers to download

    Windows 10 SDK Preview Build 17120 now available for developers to download

    In order to accomplish this, the company began moving work that was once done in the offline phases to the online phases. Windows 10 Build 17127 is now available for the Windows Insiders in the Fast Ring with Cortana and general improvements.
    Ryanair to buy major stake in Niki Lauda's airline

    Ryanair to buy major stake in Niki Lauda's airline

    Ryanair has said this morning it will take a stake in Niki Lauda's Austrian airline Laudamotion which will be based in Vienna . Niki Lauda, chairman of LaudaMotion, said: "I have always stood up for competition and have opposed monopolies".
    I am a big fan of PM Modi: Kangana

    I am a big fan of PM Modi: Kangana

    The actress even mentioned that she is a big Modi fan and his victory is a win for democracy of the country. Ranaut's life was under vast media scrutiny when her involvement with Hrithik Roshan came out in the open.

Most liked

The Fairmount Santrol Holdings Inc (FMSA) Insider Buys $20850.00 in Stock
YTD calculations are commonly used by investors and analysts in the assessment of portfolio performance due to their simplicity. What do we know by simple moving average (SMA)? Fairmount Santrol Holdings Inc is a provider of sand-based proppant solutions.

"I'm Not A Fish Thrower": Jacob Rees-Mogg Denies Thames Trawler Stunt
Reports had claimed the Tory MP would embark on the stunt in a weird protest over Brexit . But speaking to LBC this morning, Mr Rees-Mogg insisted that was not the case.

Hard Facts About PayPal Holdings, Inc. (NASDAQ:PYPL)
The 50-day moving average is perceived to be the dividing line between a stock that is technically healthy and one that is not. The Cousins Properties Incorporated exchanged hands with 10279617 shares compared to its average daily volume of 3.26M shares.

The Ultimate Deletion Between Matt Hardy and Bray Wyatt was Completely Insane
The Ultimate Deletion match between Matt Hardy and Bray Wyatt was one of the strangest contests ever staged by WWE. Hardy grabs a kendo stick and he attacks Wyatt with it, Wyatt gets it and he also nails Hardy with it a few times.

Brief Overview on Stock's P/E Ratio - Bristol-Myers Squibb Company (NYSE: BMY)
It is negative, as 42 investors sold THO shares while 139 reduced holdings. 121 funds opened positions while 587 raised stakes. After this sale, 433,765 common shares of BMY are directly owned by the insider, with total stake valued at $28,658,854.

Rolling Stones Get Croke Park License
Dublin City Council has granted the rock and roll legends a license to play on May 17th. That's because the council had promised it would limit big gigs to three per year.

Officer who shot unarmed Australian woman charged
Freeman apologized just a few days later, saying he shouldn't have discussed the case in detail in a public setting. Mr Harrity, who was driving, said Mr Noor then leaned across and fired his weapon from the passenger seat.

Strategic Overview of Global Adult Diapers Market
Application Coverage ( Market Size & Forecast, Different Demand Market by Region , Main Consumer Profile etc.): Onshore, Offshore. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Raiders trade Jamize Olawale to Cowboys
Olawale began his National Football League career with the Cowboys after going undrafted in 2012. Through the Dallas Cowboys trade for Jamize Olawale, America's Team has upgraded their roster.

Orbitz Hacked, Email Addresses Exposed
Orbitz stated that the security hole has been closed and has begun informing customers if they've been affected. The current website was unaffected by the breach, said the company.

Ice warning for Shropshire as snow melts and cold weather continues
By Wednesday , some parts of Loudoun County could be under 12 inches, according to a Winter Storm Warning issued this afternoon. The Met Office monitoring station in Shoreham measured the region's lowest temperature of minus 1.3C at 5am yesterday.

Charlotte hires Virginia assistant Sanchez as new basketball coach
A former assistant coach from a national powerhouse will be leading the way for the Charlotte 49ers men's basketball team. During his time at Washington State, they appeared in the NCAA tournament twice as well as playing in the NIT once.

FDA seeks to reduce cigarette nicotine levels
As summarized in the FDA's regulatory notice today, youth consistently report flavors as a key reason for using tobacco products. While nothing is set in stone, the FDA is considering banning or restricting menthol and other flavors from tobacco products.

Late Wakili: Senate Suspends Plenary
Similarly, the house of representatives also adjourned plenary after members paid tribute to the late senator. Thereafter senate was adjourned to Wednesday when a valedictory session will be held in honour of Wakili.

Congress Braces for Battle Over Massive Spending Bill
But lawmakers reportedly aren't too anxious about another government shutdown or temporary funding bill. Democrats have said they want a "clean" spending bill that does not include such controversial add-ons.