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Cost of Alzheimer's disease rising in Florida

Frank Gluck, The News Press

The cost of caring for a family member, spouse, partner or friend with Alzheimer's disease is draining family finances at an alarming rate, according to the latest estimates from the Alzheimer's Association.

Many "care contributors" — family and friends of dementia patients who contribute financially to their care — are forced to neglect their own well-being or hold off on needed spending, the report found.

According to a survey of 3,500 Americans, annual out-of-pocket costs for care contributors totaled an average $5,155. But amounts varied between $1,000 to $100,000 a year, depending on the care needed.

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