A new investigation has revealed the shocking cost of dementia care in the UK, and estimated that it would take an average person around 125 years to be able to save up the amount needed to support themselves or a loved one.
Alzheimer’s Society revealed the statistics ahead of Dementia Awareness Week to shed light on the unspoken financial strains that occur after a dementia diagnosis.
As there is no cure or effective treatment for dementia, the costs arise with social care and comfort, a cost that is not covered with free NHS treatments.
Judith, whose mum, Joan, had Alzheimer’s disease said: “My mum ended up spending over £500,000 on her dementia care. She would be devastated to know her money was gone and she could only leave her grandchildren a fraction of what she had hoped. She was so proud to think they would be sorted financially in the future.
“By the end of her life mum couldn’t eat, drink, speak or move anything but her eyes, yet she still wasn’t applicable for state funding despite paying taxes and National Insurance all her life. She paid for all her care right until she passed away.”
Alzheimer’s Society has released the stats to raise awareness and to prompt younger generations to consider the impact of a future diagnosis. The report revealed that 47% of UK adults questioned had not started saving for any care they might need in the future.
“Dementia is a disease, as cancer is a disease, as heart disease is a disease. Getting dementia shouldn’t mean families are left bankrupt or destitute with nothing to leave behind,” Jeremy Hughes, Chief Executive of Alzheimer’s Society said.
“The social care crisis is a dementia crisis. Many people with dementia and their families are buckling under the inordinate pressure of propping up a failing social care system that has been starved of funding for decades. Too many people are forced to give up everything they own in order to care day in and day out for their mother, father, husband or wife.”
“Repeatedly governments have failed to put a long term plan in place. On behalf of people with dementia, I challenge the next Government to create a long term, sustainable system for funding dementia care. Currently, many people with dementia feel deserted by the state, and must rely on family members and carers for the support they need.”
Dementia Awareness Week is running from 14-20th May and Alzheimer’s Society is calling on the UK to unite against Dementia as it’s set to become the 21st century’s biggest killer.