Report: Alzheimer's costs could soar to $1 trillion a year by 2050
from The Washington Post
A report issued on the financial impact of Alzheimer’s disease in the United States warns that it could soar to more than $1 trillion a year by 2050, with much of it borne by the federal government, unless action is taken to shift current trends. The Alzheimer's Association report, "Changing the Trajectory of Alzheimer's Disease," urges the federal government to meet its own goals for research funding in a bid to find a cure or effective treatments by 2025. The U.S. could save $220 billion within the first five years if such treatments were found, the nonprofit's report says. Even with an interim treatment that slowed onset by five years, the costs would immediately drop as much as $535 billion over a 10-year period.
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