Managed Healthcare Executive March 20, 2024
Researchers found that Black and Hispanic dementia patients had the highest Medicare expenditures.
Alzheimer’s dementia is a huge financial burden to society with an estimated lifetime care cost as high as $377,621 per patient. This is more than twice the cost of someone without dementia, according to previous research published in Health Affairs.
To understand at what stage the disease costs are highest and if costs are determined by race and ethnicity, a research team led by Natalia Olchanski, Ph.D., from Tufts Medical Center in Boston, studied the average costs of Medicare beneficiaries from different racial and ethnic groups. Medicare is currently the largest payer for healthcare services for dementia patients.
Results were published today in the Journal of the...
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