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Report: Chronic diseases cost $1 trillion in lost productivity.
- Article from:
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Palm Beach Post (West Palm Beach, FL)
- Article date:
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October 3, 2007
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Copyright informationCOPYRIGHT 2007 The Palm Beach Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Larry Lipman
Oct. 3--Chronic diseases cost the nation's economy more than $1 trillion a year in lost productivity, and the amount could jump to about $6 trillion by mid-century, according to a report released Tuesday.
That is in addition to the nearly $300 billion it costs to treat chronic disease among those not in nursing homes.
"By investing in good health, we can add billions of dollars in economic growth in the coming decades," said Ross DeVol, director of regional economics at the nonprofit Milken Institute and principal author of the report. "With moderate improvements in prevention and early intervention such as reducing the rate of obesity, the ...