Medicare spending on Alzheimer’s to explode as boomers age: Analysis
(By - ROBERT KING, www.washingtonexaminer.com)
More than 28 million baby boomers are expected to come down with Alzheimer’s as they age, which will send Medicare spending on the dementia disorder skyrocketing in the next 25 years, according to an analysis from the Alzheimer’s Association released Monday. The association said that by 2020, the projected Medicare costs of caring for baby boomers with Alzheimer’s will be nearly $12 billion and about 2 percent of total Medicare spending. By 2040, the cost will jump to $328 billion and consume nearly 25 percent of Medicare spending. Read more…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.