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

Dementia Costs

Posted: Updated:

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.

  • Kristen Remington's Health Watch ReportsMore>>

  • No Vote This Week on GOP Health Care Bill

    No Vote This Week on GOP Health Care Bill

    Tuesday, September 26 2017 4:58 PM EDT2017-09-26 20:58:33 GMT

    Senate Republicans will not vote this week on the latest, last-ditch effort to repeal and replace Barack Obama's Affordable Care Act.

    More >>

    Senate Republicans will not vote this week on the latest, last-ditch effort to repeal and replace Barack Obama's Affordable Care Act.

    More >>
  • CDC: U.S. Sexually Transmitted Disease Hit Another High

    CDC: U.S. Sexually Transmitted Disease Hit Another High

    Tuesday, September 26 2017 1:57 PM EDT2017-09-26 17:57:48 GMT

    Health officials are reporting another record increase in infections from three sexually transmitted diseases. 

    More >>

    Health officials are reporting another record increase in infections from three sexually transmitted diseases. 

    More >>
  • Governor Sandoval's Opioid Taskforce Meet in Carson City

    Governor Sandoval's Opioid Taskforce Meet in Carson City

    Monday, September 25 2017 5:01 PM EDT2017-09-25 21:01:51 GMT

    A taskforce will hear updates from state and federal agencies regarding how they are working to combat the opioid crisis in the Silver State.

    More >>

    A taskforce will hear updates from state and federal agencies regarding how they are working to combat the opioid crisis in the Silver State.

    More >>
Powered by Frankly
All content © Copyright 2000 - 2017 Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.