Alzheimer’s disease and related dementias (ADRD) is one of the leading causes of death in the US. The number of people with dementia are projected to more than double within 30 years, a rate that rarely occurs with a chronic disease. Dementia care has substantial costs and consequences for health care systems, and for the health and welfare of family members who provide the majority of dementia care. In addition understanding the current costs estimates and drivers, there remain many challenges to forecasting the burden of Alzheimer’s and other dementias over the next 25 years. These challenges include changing demographics, changes in the supply of caregivers, and expansion of formal care options.
The overall objective of the Current and Future Costs of Alzheimer’s and Dementia Care study is to estimate the financial consequences of dementia and who pays these costs, and to use this information to forecast the future burden of dementia on patients, family members, and society. This will be accomplished through the three main aims of the study:
1. Estimate how health care costs of dementia vary with the definition of disease and care arrangement
2. Estimate the costs to caregivers of dementia care
3. Produce and calibrate a forecasting model to estimate the future costs of dementia