Silver Book Fact

In 2008, 52% of assisted living facilities provided specialized Alzheimer’s disease and other dementia care–charging an average of $4,267 a month and $51,204 a year.

MetLife Mature Market Institute. The MetLife Market Survey of Nursing Home and Assisted Living Costs; 2008. http://www.metlife.com/assets/cao/mmi/publications/studies/mmi-studies-2008-nhal-costs.pdf

Reference

Title
The MetLife Market Survey of Nursing Home and Assisted Living Costs
Publication Date
2008
Authors
MetLife Mature Market Institute
URL
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Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • An estimated 13.9% of Americans age 71 and older have Alzheimer’s disease.  
  • An estimated 5.4 million Americans of all ages have Alzheimer’s disease in 2012, including 5.2 million people age 65 and older.  
  • Twenty-nine percent of older individuals with Alzheimer’s disease and other dementias who have Medicare also have Medicaid coverage, compared with 11% of individuals without dementia.  
  • Medicare costs for people with Alzheimer’s will increase more than 600% between 2010 and 2050–from $88 billion to $627 billion.  
  • Alzheimer’s Disease is the most common type of dementia; it accounts for an estimated 60 to 80 percent of cases.