Funding for Alzheimer's Research is an Investment To Cut Down Treatment Expenses

by Julia Samuel on  February 11, 2015 at 10:51 AM Medico Legal News
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The Alzheimer's Advisory Council had proposed $2 billion in fiscal 2016 for Alzheimer's research. Sen. Susan Collins, leading advocate for Alzheimer's research in the U.S. Senate called on the government to increase it's funding and proposed in a new report.
Funding for Alzheimer's Research is an Investment To Cut Down Treatment Expenses
Funding for Alzheimer's Research is an Investment To Cut Down Treatment Expenses

Collins, the chair of the Senate Special Committee on Aging and co-chair of the Congressional Alzheimer's Task Force, said the amount is needed to meet an established goal of treating and preventing the disease over the next 10 years.

Care for Alzheimer's and other forms of dementia will cost $226 billion this year alone and could increase to $1.1 trillion by 2050 if a cure isn't found.

Collins and Amy Klobuchar have authored a bipartisan resolution declaring that the goal of preventing and effectively treating Alzheimer's by 2025 to be an urgent national priority.

Collins said she believes the government would regain its investment within three years of a treatment becoming available.

She added, "Alzheimer's is a devastating disease that takes a tremendous personal and economic toll on both the individual and family. This new report on the national trajectory of the disease offers a very troubling, yet not surprising, assessment that underscores why it is so critical for our nation to invest more federal dollars to finding better treatments, and ultimately a cure for Alzheimer's and other forms of dementia."

Source: Medindia

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