Projected healthcare costs to reach $130.2 billion reveals new Alzheimer Society report.
January 4, 2010 – A report released by the Alzheimer Society today to mark Alzheimer Awareness month reveals alarming new statistics about the projected economic and social costs of dementia in Canada. Here in British Columbia, findings from the national study indicate that if nothing changes over the next 30 years, the prevalence of dementia in the province will more than double from 2008 figures (almost 70,000) to an estimated 177,684 British Columbians living with the disease. The associated economic burden is projected over the next 30 years to reach a cumulative total of over $130.2 billion.
“These findings are a reality check because the fact is that our baby boomer generation is aging and the incidence of dementia is increasing,” said Jean Blake, CEO for the Alzheimer Society of B.C. “The impact will be felt by everyone, not only the cost to the healthcare system but the economic and social costs to caregivers and families so we need to work together to turn the tide.”
The Rising Tide study is the final report of an Alzheimer Society initiative funded by Pfizer Canada, Health Canada, Public Health Agency of Canada, Canadian Institutes of Health Research and Rx&D.
Other findings from Rising Tide: The Impact of Dementia on Canadian Society and Rising Tide: The Impact of Dementia on British Columbia 2008 – 2038:
In 2038, if nothing changes,
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