As O’Brien points out in his column, there are currently 5 million Americans with Alzheimer’s disease. Treatment costs total some $200 billion a year. If current trends continue there could be a public health crisis as treatment for Alzheimer’s could reach $1 trillion per year by 2050.

That would cause great strain on already cash-strapped Medicare and Medicaid systems.

The good news is that doctors are making progress in their understanding of the disease. In some cases, potential victims can be diagnosed as early as 40 years old giving them plenty of time in most cases to make plans for their care.

Philip J. Kavesh
Helping clients with customized estate planning guidance and trust & estate administration for over 44 years.
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