On that note, a 2006 article in The Scientist argues that simply slowing aging by seven years would produce large enough of an economic benefit to justify the US investing three billion dollars annually to this research. One excerpt:
Take, for instance, the impact of just one age-related disorder – Alzheimer disease (AD). For no other reason than inevitable shifting demographics, the number of Americans stricken with AD will rise from 4 million today to as many as 16 million by mid-century.4 This means there will be more people with AD in the US by 2050 than the entire current population of Australia. Globally, AD prevalence is expected to rise to 45 million by 2050, with three of every four AD patients living in a developing nation.5 The US economic toll is currently $[80 − 100] billion, but by 2050 more than $1 trillion will be spent annually on AD and related dementias. The impact of this single disease will be catastrophic, and this is just one example.
Cardiovascular disease, diabetes, cancer, and other age-related problems account for billions of dollars siphoned away for “sick care.” Imagine the problems in many developing nations where there is little or no formal training in geriatric health care. For instance, in China and India the elderly will outnumber the total current US population by mid-century. The demographic wave is a global phenomenon that appears to be leading health care financing into an abyss.
On that note, a 2006 article in The Scientist argues that simply slowing aging by seven years would produce large enough of an economic benefit to justify the US investing three billion dollars annually to this research. One excerpt: