Alzheimer's Costs Are About To Boom
Wednesday, November 12, 2014 - 11:10
in Health & Medicine
As baby boomers, originally the children born in 1946, after soldiers returned home from World War II in 1945 but later extended out to be an entire generation, move into old age, the financial burden of Alzheimer's disease in the United States will skyrocket to $1.5 trillion from current from $307 billion estimates, according to health policy scholars at the USC Leonard D. Schaeffer Center for Health Policy and Economics. According to the U.S. Census Bureau, in 2012, 43.1 million Americans were 65 and older, constituting 14 percent of the population. By 2050, that number will more than double to 83.7 million, constituting 21 percent of the population. read more