Silver Book Fact

The total annual economic burden of 7 major chronic diseases. including cost of expenditures, will be $4.2 trillion in 2023.

DeVol R, Bedroussian A, Charuworn A, et al. An Unhealthy America: The economic burden of chronic disease. The Milken Institute; October 2007. http://www.milkeninstitute.org/publications/publications.taf?function=detail&ID=38801018&cat=ResRep

Reference

Title
An Unhealthy America: The economic burden of chronic disease
Publisher
The Milken Institute
Publication Date
October 2007
Authors
DeVol R, Bedroussian A, Charuworn A, et al
URL
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Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • In 2005, national health expenditures were projected to surpass $2 trillion.  
  • National health spending is projected to reach $4.4 trillion by 2018.  
  • Current projections predict a rise in Medicare spending from 2.6% of gross domestic product in 2008 to 9.2% in 2050.  
  • Total health care spending in 2006 is projected to be $2.1 trillion.  
  • Lost workdays and lower employee productivity as a result of chronic disease cost the United States over $1 trillion in 2003.