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Dementia Cost in Australia

Lifetime risk: 1 in 12 aged 65+, 2 in 5 aged 90+ Australians will be diagnosed with Dementia

Cost Breakdown

Annual Cost
$16,990/year
First Year Cost
$40,511
Treatment Costs
  • 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

Lifetime Risk
1 in 12 aged 65+, 2 in 5 aged 90+
Age Prevalence
Most common in people 65+
Current Cases in Australia
411k
Annual Deaths
17k
Key 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.

Recovery Period
Progressive degenerative condition

Insurance Coverage Options

Speak with a licensed insurance adviser to discuss coverage options for Dementia.

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Related Brain & Nervous System Conditions

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

Source: Zurich Cost of Care Volume 2 (Released June 2024)