Rising Costs of Dementia Due to LTC, Not Medical Care

Rising Costs of Dementia Due to LTC, Not Medical Care

Dementia patients’ long-term care (LTC) makes up the bulk of cost in treating the disease, and not the actual medical treatment itself, stated a 2013 RAND Corporation report. RAND research estimated dementia costs to reach as high as $511 billion by 2040 and found the bulk of the cost was LTC. The aggressive rise in cost, RAND researchers noted, was due to gaps in current policy that didn’t adequately support treatment measures financially and left too…

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