Posted On: 01/22/2016 8:20:22 AM
Post# of 1460
May be a good market day today..........From another board,
Fletch
http://www.insiderfinancial.com/exciting-time...xl/114298/
The bill may impact the mathematics of Alzheimer’s funding. As previously reported by the Alzheimer’s Association, for every $27,000 Medicare and Medicaid spends on caring for individuals with Alzheimer’s, the NIH spends only $100 on Alzheimer’s research. Further, Medicare’s annual expenditures are projected to triple from $300 billion currently to $1.5 trillion by 2050 if no cure for Alzheimer’s is found. Missling said the caretaking costs could put Medicare in a precarious place financially, even possibly bankrupting it.
In early December, an increase of nearly 60 percent for Alzheimer’s research was passed by the U.S. Congress in the federal spending bill, expanding funding from $586 million in 2015 to $936 million in 2016.
Fletch
http://www.insiderfinancial.com/exciting-time...xl/114298/
The bill may impact the mathematics of Alzheimer’s funding. As previously reported by the Alzheimer’s Association, for every $27,000 Medicare and Medicaid spends on caring for individuals with Alzheimer’s, the NIH spends only $100 on Alzheimer’s research. Further, Medicare’s annual expenditures are projected to triple from $300 billion currently to $1.5 trillion by 2050 if no cure for Alzheimer’s is found. Missling said the caretaking costs could put Medicare in a precarious place financially, even possibly bankrupting it.
In early December, an increase of nearly 60 percent for Alzheimer’s research was passed by the U.S. Congress in the federal spending bill, expanding funding from $586 million in 2015 to $936 million in 2016.
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