Dementia Cost in Australia
Lifetime risk: 1 in 12 aged 65+, 2 in 5 aged 90+ Australians will be diagnosed with Dementia
Cost Breakdown
- First year costs$54,745
- Subsequent years$16,990
Source: Zurich Cost of Care Volume 2. Costs are averages and may vary based on individual circumstances.
Risk Statistics
- Carers: Over 1.5 million Australians care for someone with dementia
- Male Deaths: 6130
- Female Deaths: 10976
- Younger Onset Cases: 28650
- Alzheimers Percentage: 70% of dementia is Alzheimer's
- Indigenous Prevalence: 3-5 times higher
- New Diagnoses Per Day: 250
Source: Zurich Cost of Care Volume 2. Statistics represent Australian population averages.
Financial Impact
Dementia is the second leading cause of death in Australia. Carers report significant burden: 1 in 2 provided 60+ hours per week, 3 in 4 reported physical or emotional impacts, 1 in 4 needed more respite care, 1 in 2 experienced financial impacts.
Insurance Coverage Options
Speak with a licensed insurance adviser to discuss coverage options for Dementia.
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Important Information
Cost estimates are from Zurich Cost of Care Volume 2 research and represent averages. Your actual costs may vary.
Insurance coverage recommendations are general in nature. This is general advice only and does not take into account your individual circumstances. Speak with a licensed adviser to determine appropriate coverage for your situation.
AR: 1244847 | AFSL: 246623