Study reveals Dementia will cost US $818B this year
Dementia will cost the U.S. $818 billion this year, according to a new study.
Research shows that bill will be mostly footed by unpaid caregivers, not the government.
About 5.7 million Americans are living with dementia, including 5.1 million who are 65 or older — another 5.2 million people are caring for them without pay.
The research, published last week by the Alzheimer’s Association, found individuals and families are shouldering more than three times the cost that falls on health systems and government programs.
The research puts a $320 billion value on the financial toll dementia takes on daily life, including declining independence, memory and function.
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