Report: Health Costs For Alzheimer’s To Soar
A report from the Alzheimer's Association projects that as the population ages, Medicare and Medicaid costs related to the disease will more than double by 2030.
The Washington Post:
Alzheimer’s Costs Could Soar To $1 Trillion A Year By 2050, Report Says
A report issued Thursday on the financial impact of Alzheimer’s disease in the United States warns that it could soar to more than $1 trillion a year by 2050, with much of it borne by the federal government, unless action is taken to shift current trends. (Kunkle, 2/5)
The Hill:
Report: Health Costs For Alzheimer's To Skyrocket
Health costs associated with Alzheimer’s disease are projected to skyrocket in the coming decades, a new report from the Alzheimer’s Association warns. The advocacy organization’s report, released Thursday, projects that as the population ages, Medicare and Medicaid costs for people with Alzheimer’s will more than double by 2030 and almost quintuple by 2050, from a level of $153 billion in 2015. (Sullivan, 2/5)
Meanwhile, an analysis finds the costs of having diabetes have doubled in two decades -
Reuters:
Cost Of Having Diabetes Doubled In Two Decades
The cost of managing diabetes has more than doubled in the past 20 years, a new analysis says. The average diabetes patient now spends $2,790 more per year than they did in 1987 -- and more than half the additional spending is for medications. (Kennedy, 2/4)