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Showing posts from July 19, 2015

The Deadly Threat of Alzheimer's for Baby Boomers

A new report out last week says 1 in 3 baby boomers will develop Alzheimer's between now and mid-century and the cost to Medicare will skyrocket.

According to research presented at the July 2014 International Alzheimer's Association International Conference, there will be a shift toward more severe forms of the disease, leading to greater Medicare costs. In 2020, the projected Medicare costs of caring for baby boomers with Alzheimer's in the community will amount to $11.86 billion, in 2014 dollars, which is the equivalent of 2.1% of total Medicare spending. By 2040, when the baby boom generation is aged 76-94, the projected Medicare costs will jump to $328.15 billion, in 2014 dollars and represent an increase to 24.2% of total Medicare spending.  

Key findings include: The prevalence of Alzheimer's among American baby boomers will rise from 1.2% in 2020, when most boomers will be in their 60s and early 70s, to an astonishing 50.1% in 2050, when all the boomers will be age…