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Let's take a look:
And what we're looking at is dementia. A new report is out from the Alzheimer's Association and the statistic is mind blowing, pardon the pun. The report says a staggering 1 in 3 seniors dies with Alzheimer's Disease or other forms of dementia. It highlights the impact the mind destroying disease is having on the rapidly aging population.
The report says there's a difference between dying from Alzheimer's and dying with it. Even if it isn't the direct cause of death, it can interfere with caring for heart disease, cancer and other serious illnesses. Dementia patients can forget their medications for these diseases.
And listen to this. Only 30% of 70-year-olds who don't have Alzheimer's are expected to die before their 80th birthday. For those who do have it, that number jumps to 61%. 5.2 million Americans have Alzheimer's or some other form of dementia.
Now come the Boomers. That number is expected to jump to 13.8 million by the year 2050. The death rate from Alzheimer's has risen 39% over the last ten years. The numbers will only grow with an ever aging Baby Boom generation.
An investment in finding a cure or at least workable treatments seems like a good one. This new report calculates that health and long term care services will total 203 billion dollars this year. That tab is expected to reach 1.2 trillion by 2050. That is, unless there's a breakthrough.