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 nearly $20 billion from last year, according to data reported in the Alzheimer’s Association 2018 Alzheimer’s Disease Facts and Figures report released today.
New findings from the report show the growing burden of Alzheimer’s on people living with the disease, their families and caregivers, as well as society at large.
The number of older Americans is growing rapidly, so too is the number of people living with Alzheimer’s and the subsequent impact on the nation’s economy. By 2050, the total cost of care for Alzheimer’s is projected to increase to more than $1.1 trillion.