Hidden Costs of Alzheimer’s Disease Study

A 2019 study, published in the Journal of Alzheimer’s Disease, aimed to more fully assess the economic impact of Alzheimer’s disease and related dementias by identifying and examining the so-called hidden costs, which extend far beyond the person affected and the formal healthcare system.

By 2030, it is estimated that the global cost of dementia could grow to US$2 trillion, which could overwhelm health and social care systems. The new report finds that these estimates are only the tip of the iceberg. Indirect and intangible costs, including those borne by caregivers and employers, begin to mount long before diagnosis and often go uncounted. In the US, some 18.5 billion hours of informal care are estimated to be provided by caregivers of people with dementia each year. If they are forced to reduce their working hours, take early retirement, or are absent from work because of stress, this not only impacts their employers, but they may be less able to save for retirement, or need to dip into their savings to get by.

Click here to read GCOA’s Dementia Innovation Readiness Index, which analyzes the readiness of countries to integrate innovative dementia solutions into their healthcare systems and policy frameworks.

Latest Developments

We keep our members and partners in touch with the most recent updates and opinions in the worldwide dialogue on population longevity and related issues.

Health Equity Promise and That Innovation Thing

President Biden has pledged his administration to defeat cancer, Alzheimer’s, and other diseases that target America’s aging population. To achieve these lofty goals, bold words must be backed up by bold actions.

Roundtable Report Highlights Importance of Immunizing Canada’s Caregivers Against Influenza, Identifying Challenges and Opportunities to Protect This Critical Group

The Global Coalition on Aging (GCOA) today released a report summarizing key insights from an expert roundtable on vaccinating Canada’s caregivers against influenza. The roundtable, held virtually, brought together leading Canadian health policy experts, family caregivers, patient advocacy groups, aging experts, and other thought leaders to discuss challenges and strategies to reach this critically important yet hard-to-reach group.

Women, Work, Wellness, and That Aging Thing…

The OECD Forum’s virtual event Women at The Frontline of the Recovery will presciently focus attention among policymakers and the public stakeholders alike on the unique relationship between the age demographic mega-trend and the essential policies needed for OECD economies to emerge from the COVID-19 pandemic.

Headlines of the Future Podcast: Decoding Healthy Aging

How can advancements in science and medicine make it possible for individuals to enjoy greater health and activity in their later years? For health leaders and organizations such as the Global Coalition on Aging, ensuring individuals can truly shine in their "Golden Years" is a matter of revisiting education and communication strategies, advancing digital health technologies and expanding access to healthcare innovation.

Longer Lifespans Require Secure Financial Futures

As many as half of 5-year-olds in the United States can now expect to live to 100, a population that is projected to swell in the decades ahead. Longer lifespans don’t guarantee a financially secure later life, however. If anything, in the absence of significant planning, extreme longevity may make financial security harder to attain.