A new report targeting Baby Boomers from the Alzheimer's Association is available at www.alz.org (look on left side of the screen under "Alzheimers in the News". The report has many alarming statistics in regarding how Alzheimers will affect Baby Boomers and how it will affect the American economy.
Will Alzheimer's Bankrupt America? From the report "Today, America spends $172 billion caring for people with Alzheimer's and other dementias. With the aging of the baby boomers, Alzheimer's could bring this country to its financial knees. Costs will reach over $1 trillion in 2050 — and that's not counting inflation." (For those of you who do not like doing the math in your head, that is nearly a TEN FOLD increase).
What Will Life Be like for Baby Boomers? During their retirement, most Baby Boomers will either be suffering from Alzheimer's disease, or will be caring for a loved one with the disease.
What is the Call to Action? The report compares the funding by the U.S. Government on various diseases, showing how Alzheimers research is underfunded compared with other diseases such as heart disease and cancer. Funding for cancer research is about 12 times the amount of funding for Alzheimer's research. Similiarly, the funding for heart disease is almost 9 times the amount of funding for Alzheimer's research, and HIV Aids research is nearly 7 times the amount of funding for Alzheimer's research. Yet, there are some promising advances in research on Alzheimer's disease that are cause for hope.
The report is available free from their website.
Tuesday, February 1, 2011
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