Informal cost of dementia care - a proxy-good valuation in Ireland
Trepel (2011) focuses on the informal costs of dementia care and uses a proxy-good valuation method. Survey data gathered by the Alzheimer Society of Ireland to assess the dynamics of informal dementia care is used. Data on minimum and maximum hours provided in informal care in early, mid and late stages of dementia are presented, to which a general replacement value is applied. The results show that dementia care places a substantial demand on informal carers, with costs increasing with dementia progression. The study highlights the high costs of replacing an informal carer full-time, and the importance of targeting interventions for carers to minimise carer burnout.