New Research Demonstrates the Economic Impact of Dementia

New research demonstrates the economic impact of dementia on families, according to a recent article published in The New England Journal of Medicine.

When I checked into one of my discussion groups on Linked In this morning, I found an interesting comment about a new National Institutes of Aging (NIA) funded study on the economic impact of dementia on families. In the past, there have been many articles about the economic impact of caregiving, including articles in the New York Times, and studies by Pew Research.

This new study on the economic impact of dementia interests me for two reasons:

  1. It provides a bit more in-depth and nuanced analysis of the costs of caregiving for families, and looks at the continuum of both formal and informal caregiving;
  2. The study is continuing, with opportunities for researchers to apply for grant funding for different research projects that relate to the initial research and perhaps provide additional insights or complementary information.

Selections from the article on the NIA website are quoted below, with links. Please check NIA’s website for additional information and updates.

Anne Hays Egan, New Ventures Consulting
www.movingmama.net: caring for elderly parents
Post:  Economic Impact of Dementia
New Research Demonstrates the Economic Impact of Dementia
 
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Research opportunities – please apply.

We fund research projects on the impact of dementia on society, including economic costs such as medical care services and indirect costs from caregiving by family members or reduced productivity. We have an open funding opportunity on this topic, and we encourage you to apply. See NIA Program Announcement Estimating the Economic Costs of Alzheimer’s Disease and Related Dementias.

This dataset and more.

This study used the Health and Retirement Study (HRS), conducted by the University of Michigan, which surveys a representative sample of more than 26,000 Americans over the age of 50 every 2 years. Supported by the NIA and the Social Security Administration, the HRS collects data on work and health among older Americans as they transition to their retirement years. This dataset is available to researchers without cost, so please get in touch with the HRS if you want access.

The HRS is one of several datasets that the NIA funds. They are designed to help answer important questions about aging at the individual and societal level. I urge you to take a look at these datasets, which are available to researchers for secondary analyses like this dementia care costs study.

– See more at: http://www.nia.nih.gov/research/blog/2013/06/estimating-economic-costs-dementia?sthash.sWHbBzsg.mjjo#!

 

This entry was posted in Alzheimer’s Disease, Caregiving, Caring for Elderly Parents, Dementia, Elder Care Resources and tagged , , , , . Bookmark the permalink.

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