New Alzheimer’s Association Report Reveals Sharp Increases in Alzheimer’s Prevalence, Deaths and Cost of Care

New Alzheimer’s Association Report Reveals Sharp Increases in Alzheimer’s Prevalence, Deaths and Cost of Care

CHICAGO, March 20, 2018 – For the second consecutive year, total payments to care for individuals living with Alzheimer’s or other dementias are projected to surpass a quarter of a trillion dollars ($277 billion), which includes an increase of nearly $20 billion over last year, according to data reported in the Alzheimer’s Association 2018 Alzheimer’s Disease Facts and Figures report released today.

An accompanying special report titled, “Alzheimer’s Disease: Financial and Personal Benefits of Early Diagnosis,” highlights new economic modeling data indicating early diagnosis of Alzheimer’s during the mild cognitive impairment (MCI) stage of the disease could save the nation as much as $7.9 trillion in health and long-term care expenditures. The report also highlights personal benefits of early diagnosis for individuals and families.

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 to the nation’s economy. By 2050, the total cost of care for Alzheimer’s is projected to increase to more than $1.1 trillion.

CONTACT: Mike Lynch, Alzheimer’s Association, 312-335-5710, [email protected]

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