The results of an October 2015 study published in the Annals of Internal
Medicine examining “social costs and financial risks faced by Medicare
beneficiaries 5 years before death,” (http://annals.org/article.aspx?articleid=2466364), showed a significantly higher cost for those individuals who died of
Dementia as opposed to those individuals who died of other causes.
The study compared 1,702 deceased Medicare beneficiaries, classified into
4 groups as follows: persons with high probability of Dementia; those
who died due to heart disease; those who died of cancer; and those who
died of other causes.
Over a five-year period, the average cost of care for the Dementia patient
was $287,038. In contrast, the heart disease patient’s average cost
for the same period of time was $175,136 and the cancer patient’s
cost was $173,383.
The reason for this is that Dementia requires more caregiving than many
other illnesses. As the disease progresses, Dementia patients may need
more assistance with activities of daily living, such as bathing, eating,
dressing, and toileting.
Additionally, Dementia patients may need someone just to protect them from
themselves, and this consistent level of supervision or oversight can
If someone you know suffers from Dementia, please do not hesitate to reach
out to us. We can help you evaluate your options for planning and the
costs associated with the necessary and desired level of caregiving. We
can be reached at (203) 651-5521.