Silver Book Fact

Parkinson’s disease costs our society at least $25 billion annually.

Reference

Title
About Parkinson’s Disease
Authors
Parkinson's Action Network
URL
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Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • In 2008, Medicare beneficiaries age 65 and older with Alzheimer’s and other dementias paid $9,368 out-of-pocket on average for health care and long-term care services that were not covered by additional sources.  
  • Americans with Alzheimer’s disease and other dementias have more than 3 times as many hospital stays as other older people.  
  • 29% of older individuals withAlzheimer’s disease and other dementias who have Medicare also have Medicaid coverage, compared with 11% of individuals without dementia.  
  • State and federal Medicaid spending on nursing home care for beneficiaries with Alzheimer’s disease was $19 billion in 2000.  
  • Currently, someone develops Alzheimer’s disease every 70 seconds. By the middle of this century, that number could be as frequent as every 33 seconds.