Finding the Right Memory Care Community

When it comes to finding the right memory care community for your loved one, questions about the costs and services provided may come to mind. But, memory care communities offer a range of services, some of which might be more important to your loved one than others.

Licensed assisted living communities with special routines and trained caregivers designed to prove the safe care that persons with a diagnosis of dementia require. Levels of care vary greatly with each community.

Pricing is all private and will range from $3000-10,000 per month.

The Cost of Alzheimer’s Care

  • The cost of caring for Alzheimer’s patients in the U.S. is estimated to be $236 billion in 2016. (Alzheimer’s Association)
  • The global cost of Alzheimer’s and dementia is estimated to be $605 billion, which is equivalent to 1% of the entire world’s gross domestic product.
  • Medicare and Medicaid are expected to pay $154 billion in 2015 for health care, long-term care and hospice for people with Alzheimer’s and other dementias.

Aggregate Cost of Care by Payer for Americans Age 65 and Older with Alzheimer‘s Disease and Other Dementias:

  • Medicare= $113 Billion
  • Medicaid= $41 Billion
  • Out of pocket= $44 Billion
  • Other= $29 Billion

Alzheimer’s Statistics

  • Worldwide, nearly 44 million people have Alzheimer’s or related dementia. (Alzheimer’s Disease International)
  • Only 1-in-4 people with Alzheimer’s disease have been diagnosed.
    (Alzheimer’s Disease International)
  • Alzheimer’s and dementia is most common in Western Europe.
    (North America is close behind)
  • Alzheimer’s is least prevalent in Sub-Saharan Africa.
    (Alzheimer’s Disease International)
  • Alzheimer’s and other dementias are the top cause of disabilities in later life.

Have Questions or Need Help?

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