Response to President Obama's address to Congress
In his first address to a joint session of Congress last night, President Obama laid out the significant challenges facing the nation — from a weakened economy, to rising unemployment, to increasing healthcare costs, acknowledging that "comprehensive healthcare reform is the best way to strengthen Medicare for years to come."
The Alzheimer's Association believes one way to strengthen Medicare and save billions is to immediately confront the growing Alzheimer crisis. In 2011, the first wave of baby boomers begins turning 65 — which is not only the age of Medicare eligibility, it is also the age of greatest risk for developing Alzheimer's disease. There is no clearer, more predictable public health crisis facing the United States today that will directly impact Medicare and Medicaid than Alzheimer's. And yet no plan to deal with the crisis that will impact the lives of 10 million baby boomers.
In 2005, total Medicare costs for beneficiaries age 65 and older with Alzheimer's disease and other dementias amounted to an estimated $91 billion; and state and federal Medicaid spending for nursing home care for people with Alzheimer's and other dementias was estimated at $21 billion. With an aging baby boomer population, this escalating epidemic will continue to touch more lives and increase costs for Medicare and Medicaid. Experts predict that by 2030, Medicare spending on those individuals with Alzheimer's alone will cost nearly $400 billion — nearly as much as today's total Medicare spending.
By 2010, nearly a half million new cases of Alzheimer's disease will develop each year and by 2050, a million new cases will develop per year. The nation's health and long-term care systems will be incapable of sustaining sufficient support for a baby boomer population where one in eight individuals will develop Alzheimer's or another dementia. For an already overtaxed healthcare system fraught with skyrocketing costs, the nation simply cannot afford to have an Alzheimer epidemic.
In these turbulent financial times, it is even more important to make sound fiscal decisions. In President Obama's speech last night he stated: "The answers to our problems don't lie beyond our reach." And he is correct. We have the opportunity to change the trajectory of this disease now. Today's scientific landscape is rich with a variety of possible disease-modifying treatments, but a shrinking investment in Alzheimer research threatens these breakthroughs. Investing in research to end Alzheimer's is one of the most prudent decisions that the government can make. It not only saves lives, it also saves money by reducing the burden on Medicare and Medicaid programs.
Leadership from the top is vital, but we all need a heightened level of commitment to address this crisis. America understands this — which is why over 60,000 Americans signed a call to action urging President Obama to make Alzheimer's a thing of the past.
We are delivering this call to action and our recommendations to President Obama on how best to address the escalating Alzheimer epidemic. These recommendations include developing a national strategy to address Alzheimer's and accelerating Alzheimer research. Alzheimer's disease is an issue that will require the collective effort, innovative ideas and collaborative spirit President Obama has implored the nation to harness. If the Obama Administration and Congress want to save lives and control health costs, Alzheimer's disease is certainly the best place to begin.
The Alzheimer's Association welcomes President Obama's commitment to healthcare issues and looks forward to working with his Administration to advance healthcare reform and making Alzheimer's a national priority.
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The Alzheimer's Association leads the way to end Alzheimer's and all other dementia — by accelerating global research, driving risk reduction and early detection, and maximizing quality care and support. Our vision is a world without Alzheimer's and all other dementia.™ For more information, visit www.alz.org or call the 24/7 Helpline at 800.272.3900.