Tomas Philipson: By avoiding funding Alzheimer’s research, the government is cutting seniors’ life spans

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Tomas Philipson: By avoiding funding Alzheimer’s research, the government is cutting seniors’ life spans
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Commentary: The Biden administration, in blocking Alzheimer’s treatment, seems to think its tightfisted actions are in taxpayer’s best interests. But it is deeply mistaken.

Opinion content—editorials, columns and guest commentaries—is created independent of news reporting and is exclusive to subscribers.An illustration depicts cells in an Alzheimer’s affected brain with abnormal levels of the beta-amyloid protein clumping together to form plaques, shown here in brown, that collect between neurons and disrupt cell function.

President Joe Biden says he is committed to supporting research into effective Alzheimer’s treatments. The stated first goal of the Biden administration’sAdvertisement But Medicare’s policies are just one example of how the Biden administration says one thing and does another. Consider the fact that in 2020, the Alzheimer’s Association reported that Medicare and Medicaid spending on Alzheimer’s patients currently costs taxpayers about. By 2050, should we fail to make meaningful advancements in treating the disease, the annual cost of Alzheimer’s will surpass $1.1 trillion.

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