Simulation Shows the High Cost of Dementia, Especially for Families

The cost of Dementia can be a huge strain on a family or individual. The cost for health care in this matter can change from year to year. Because of this, there is constant data being researched to provide an estimate of what the cost for care would be for an individual suffering from dementia, based on which type of care they receive. The research that is done is extensive and covers scenarios and simulations that include, age, number of children, and many other factors, and the cost for care fluctuates depending on what the sickness is that is being treated. Among these studies, research is also done to show what the difference in medical costs would be for an individual who was otherwise healthy. The difference is eye-opening. The people that are behind these studies hope that with all of their findings, they can urge policymakers to consider these costs and how much of a burden it can be on some families and individuals. Most people assume that their medical bill swill be paid by insurance, but this is not always true. As you age, you are prone to more diseases and sickness and it becomes harder to keep up with all of the many medical responsibilities that can come with poor health. This is what the researchers aim to have changed.

Key Points:

  • 1A new simulation of how the costs and the course of the dementia epidemic affect U.S. families finds that neurodegenerative conditions can more than double the health care expenditures of aging.
  • 2The total average cost to care for a person with dementia was more than $321,000 over about five years, compared to an average cost of $137,280 to care for the same person without dementia.
  • 3With about 5 million Americans living with Alzheimer’s disease and other dementias and more than 61 million baby boomers reaching the age of 65 or older by 2029, understanding costs is paramount.


The simulation shows how the costs of dementia shift year by year as people typically transition from informal care at home to institutional care in nursing homes.
(abstract 31GN6YMHLOR4ASKX2HY5QTWU31IWST 3FTYUGLFSUK7I4KPZSL9TET68E35DS A1MWCJ82BRCUHU !!Simulation Shows The High Cost Of Dementia, Especially For Families!!)(authorquote 3T8DUCXY0M5UDWK4Y6T3MEK57LRT99 3WETL7AQWT790CIS63FXG57UI8N53I A1YN3AGDWAB1ZE)(keypoints 3G5RUKN2EB2WIJFK1A7RDFEDI369NP 3XC1O3LBOSLS1IJ7D51VF77PYYGLTL ADODHSXO57HY8)(tweet 3OJX0UFJ0Y69D9ZTYBJDRA67QZ39UL 3L2IS5HSFAHXPV1HPN7KXVXGM7RUNR ALJGAZOKIZ9E4)(fbpost 35U0MRQMUI6CXBSZ5QC0KM3FZ5YOV3 358010RM5ES2E44LWJ4YRJQX2T5VXY A1LZPWVZRTUZD0)
Even with Medicare, dementia patients must cover 70% of their total medical costs.
Dementia care is expensive, but just how expensive, and how much of the cost does a family bear?
#HealthStatus
Share

HealthStatus has been operating since 1998 providing the best interactive health tools on the Internet, millions of visitors have used our health risk assessment, body fat and calories burned calculators. The HealthStatus editorial team has continued that commitment to excellence by providing our visitors with easy to understand high quality health content for many years.

User Reviews

Reply

Your email address will not be published

nine + nine =

Written by HealthStatus
Medical Writer & Editor

HealthStatus has been operating since 1998 providing the best interactive health tools on the Internet, millions of visitors have used our health risk assessment, body fat and calories burned calculators. The HealthStatus editorial team has continued that commitment to excellence by providing our visitors with easy to understand high quality health content for many years.

View all post by HealthStatus