Health Check: Rising Cost of Dementia

Caring for a loved one who has dementia can be emotionally taxing. But it can take a steep financial toll as well.

A new study published in the New England Journal of Medicine found that between 157 and $215 billion was spent on dementia in 2010.

The annual cost per person ranged from $41,000 to $56,000.

Researchers estimate about 80 % of that was used to pay for nursing home or at-home care.

That's only going to get worse.

The study's authors say the cost of dementia could double by the year 2040.

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