Global Post - Dementia Costlier than Cancer, Heart Disease
Dementia costs more each year in the United States than cancer or heart disease, with annual costs ranging from $157 billion to $215 billion, according to a study released Wednesday. Much of the costs come from long-term care giving, and the price tag is expected to more than double by 2040, said the study by the non-profit RAND Corporation in the April 4 edition of the New England Journal of Medicine. "Much of the expense is informal care and out of pocket expenses," said Mary Sano, director of the Alzheimer Disease Research Center at Mount Sinai Medical Center.
-Dr. Mary Sano, Professor, Psychiatry, Associate Dean for Clinical Research, Director, Alzheimer’s Disease Research, Icahn School of Medicine at Mount Sinai