Alzheimer's Society has come up with a new report, titled, The Hidden Cost of Dementia in Wales. For the first time, it has been unveiled how much the state has been bearing due to dementia. Dementia costs an estimated £1.4bn every year to Welsh economy.

The report has unveiled that 850,000 people have dementia in the UK. In 2013, dementia cost in Wales was around £31,300 per person per year. Sue Phelps, director of Alzheimer's Society in Wales, said that the report indicates that Wales need to have a clear national dementia planning.

Phelps said that the number of people living with dementia is said to increase as people are ageing and the cost will also increase. The report has also unveiled that dementia patients, their families and carers take up around two-thirds of the costs themselves.

"This amounts to £298m for private social care, and equivalent to £622m in providing unpaid care to people with dementia. Their sacrifice and support is integral to how we care for people living with dementia", said Phelps, who also affirmed that it is fair that carers should continue to bear the brunt in the name of bills.

In order to make things better, there is a need to take united steps. Officials need to reassess their approaches about caring for people with dementia, so that the nation can become a dementia-friendly nation.

With rise in number of dementia patients in Wales, it is important support is available and communities should be developed that are dementia-supportive.