An estimated 5.8 million Americans over the age of 65 are living with dementia due to AD. That number is projected to reach 13.8 million by 2050.1
On a yearly basis, the costs for Medicare/Medicaid beneficiaries with AD dementia or other dementias for healthcare services like hospitals, nursing homes, hospice, and home healthcare are significantly greater than for people without dementia.
If left unaddressed, total annual payments for healthcare, long-term care, and hospice care for people with AD and other dementias are projected to increase to more than $1.1 trillion in 2050.
Recent analysis suggests that the US has approximately half the number of geriatricians needed and that only a small percentage of nurse practitioners, social workers, and other professionals are skilled in working with older adults.
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