Dementia Costs - KTVN Channel 2 - Reno Tahoe News Weather, Video -

Dementia Costs

Posted: Updated:
  • Wendy Damonte's Health Watch ReportsMore>>

  • Request Remind Me 2 Kit

    Request a Remind Me 2 Kit

         More >>
  • Reno Salon to Hold 'Cut-a-Thon' to Help Family With Medical Costs

    Reno Salon to Hold 'Cut-a-Thon' to Help Family With Medical Costs

    Wednesday, April 23 2014 8:52 PM EDT2014-04-24 00:52:48 GMT
    A Reno business is helping a local family raise money to treat their baby's rare kidney disease. We met with the family today at Salon 7 in Reno where this weekend's "cut-a-thon" benefit will be held.More >>
    A Reno business is helping a local family raise money to treat their baby's rare kidney disease. We met with the family today at Salon 7 in Reno where this weekend's "cut-a-thon" benefit will be held.More >>
  • TMCC Hosts 'Be the Match' Donor Registration Drive

    TMCC Hosts 'Be the Match' Donor Registration Drive

    Wednesday, April 23 2014 8:14 PM EDT2014-04-24 00:14:30 GMT
    You can help save a life for free this week at Truckee Meadows Community College. The "Be the Match" organization is hosting a donor registration drive for people willing to donate bone marrow to help save lives.More >>
    You can help save a life for free this week at Truckee Meadows Community College. The "Be the Match" organization is hosting a donor registration drive for people willing to donate bone marrow to help save lives. More >>

Juliana Cardenas says her husband Gustavo of nearly 50 years used to take care of everything.

But since Gustavo was diagnosed with dementia five years ago, his wife has been responsible for all the expenses Medicare doesn't cover.

"For us it's a lot of money."

Now new research shows dementia is more costly than heart disease or cancer. The study published in the New England Journal of Medicine finds the cost of treating and caring for people with dementia ranges from $157 billion to $215 billion annually in the U.S.

"The cost of caring for patients with dementia by their family caregivers ranges in the mid $40s to mid $50,000 per year," says Dr. James Galvin of NYU Langone Medical Center.

The findings show medical treatment is not driving the cost, it's providing long-term care at home and in medical facilities.

Expenses can really add up. Caregivers are often unable to work if they're caring for a loved one with dementia at home. Paying for a nursing facility can also be very costly.

"The real take home message for families - begin future planning now, don't wait until you need a plan."

Dementia also takes an emotional toll on the caregiver. Juliana pays an aide $10 an hour to get some help four hours a week.

"I know $40 is nothing for some but for us it's a lot of money."

She says she's providing care for her husband because she can't afford any other options.

The findings of this study also suggest costs for dementia could double by the year 2040 because the population is aging.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.