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.
OKLAHOMA CITY – 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 Tuesday.
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.
Given the long duration of this disease, the strain on Alzheimer’s caregivers can last several years and produce serious declines in caregiver physical, emotional and financial well-being. In 2017, 16 million Americans provided an estimated 18.4 billion hours of unpaid care in the form of physical, emotional and financial support – a contribution to the nation valued at $232.1 billion. The difficulties associated with providing this level of care are estimated to have resulted in $11.4 billion in additional healthcare costs for Alzheimer’s and other dementia caregivers in 2017.
Mortality from Alzheimer’s disease continues to rise. While deaths from other major causes continue to decrease, new data from the report shows that deaths from Alzheimer’s disease have more than doubled, increasing 123 percent between 2000 and 2015. For context the number of deaths from heart disease – the number one killer in America – decreased 11 percent.
Updated Alzheimer’s Statistics
The Facts and Figures report provides an in-depth look at the latest national and state statistics and information on Alzheimer’s prevalence, incidence, mortality, costs of care and caregiving. Some of the findings include:By 2025 – just seven years from now – the number of people age 65 and older with Alzheimer’s dementia is estimated to reach 7.1 million – an increase of almost 29 percent from the 5.5 million age 65 and older affected in 2018. Here in Oklahoma, the estimated number of individuals with Alzheimer’s will be 76,000. In Oklahoma, the report estimated total Medicaid costs for Americans with dementia age 65 and older is $481 million for 2018. In the next seven years, that figure is expected to increase 24.8 percent to approximately $600 million. Nearly half of all caregivers (48 percent) who provide help to older adults do so for someone with Alzheimer’s or another dementia. Approximately two-thirds of caregivers are women, and one-third of dementia caregivers are daughters. Forty-one percent of caregivers have a household income of $50,000 or less.
To learn more, visit the Alzheimer’s Association website. For immediate support, call the 24/7 Helpline at 1-800-272-3900.