Dementia care costs for families to treble to £62bn by 2040

A report commissioned by Alzheimer’s Society from the London School of Economics and Political Science is forecasting that dementia care costs for families will treble to £62bn by 2040.

The study, commissioned by the Alzheimer's Society, projects the rise in costs if no political changes are made.

The cost of dementia care to the NHS will also increase from £5bn in 2019 to £12.5bn in 2040.

Meanwhile the 43% of the social care bill paid by the taxpayer will rise from £7bn to £19.5bn.

In total, the cost of dementia care to the economy will reach £94bn, up from £35bn today.

The number of people with dementia is expected to rise from 880,000 to 1.6m by 2040.

Also see Wirral JSNA Dementia Section for more local context