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World Alzheimer's Report 2010: Costs of Dementia - Aging Wisely

The total estimated worldwide costs of dementia are $604 billion in 2010, according to the newly released World Alzheimer Report 2010: The Global Economic Impact of Dementia from Alzheimer’s Disease International (ADI). Dementia care costs around 1% of the world’s gross domestic product (GDP). By 2030, worldwide societal costs will increase by 85% (a very conservative estimate considering only increases in the number of people with dementia).

In the Report, costs were attributed to the direct costs of medical care (the costs of treating Dementia and other conditions in primary and secondary care), direct costs of social care (provided in residential care settings and by community care professionals), and informal care
(unpaid care provided by family caregivers and others).

“This report clearly illustrates that dementia is already affecting health systems around the world, and for the families who are forced to face Alzheimer’s the anguish is universal,” said Harry Johns, Alzheimer’s Association President and CEO. “The World Alzheimer Report 2010 urges all countries – including the U.S. – to develop national plans to deal with the disease.”

In the U.S., according to the Alzheimer’s Association’s Alzheimer’s Disease Facts & Figures 2010, there are as many as 5.3 million Americans living with the disease and every 70 seconds someone in America develops Alzheimer’s. In 2010, there will be a half million new cases of Alzheimer’s. By 2050, there will be nearly a million new cases of Alzheimer’s every year. Nearly 11 million U.S. family members and other unpaid caregivers provided 12.5 billion hours
of care for people with Alzheimer’s and other dementias, valued at $144 billion.

Every day, we see the impacts of Alzheimer’s disease on individuals and families, from the emotions of seeing a loved one deteriorate to the stress of caregiving and financial sacrifices. We are offering a series of blog postings and caregiver tips through our social media pages to address different aspects of Alzheimer’s caregiving and provide expert tips. Our goal is to assist Alzheimer’s caregivers to reduce the stress of trying to find high quality information that really helps. Visit us on Facebook or Twitter for these tips and the latest news.

We also offer one-on-one caregiver consultations for family members caring for a loved one with Alzheimer’s Disease or another form of dementia, or anyone concerned about memory loss.

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