Special report | Financing care
No country has found a sustainable way to finance dementia care
And most have not even tried
IT IS IMPOSSIBLE to quantify the most important of the costs of dementia: the losses to people living with the condition. In a forthcoming book, “The Great Demographic Reversal”, Charles Goodhart and Manoj Pradhan, two economists, suggest that surveys could be used to undertake a cost-benefit analysis of plans to spend more on dementia. A sample of adults could be asked how much annual income they would be prepared to pay to reduce the risk of developing dementia, as it mounts with age.
This article appeared in the Special report section of the print edition under the headline “Alms for oblivion”