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Wednesday, May 01, 2013

DEMENTIA LEADS COSTS

from New England Journal of Medicine

Heart disease and cancers usually top the list of causes of death, but neither is as costly to this country as dementia. Dementia is a chronic disease of aging, characterized by progressive cognitive decline, and includes Alzheimer’s disease. A study appearing in the New England Journal of Medicine estimates the monetary cost of dementia may be more than two hundred billion dollars a year. The greatest cost is associated with longterm care rather than medical services, and those costs could double in the next twenty-five years if the rate remains the same and the population continues to grow older. The study, funded by the National Institute on Aging, provides a clearer picture of the economic burden caused by the disease. Researchers at the Rand Corporation say the study underscores the need to develop a plan to address the growing impact of dementia.

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