Tuesday, October 2, 2007

Chronic Disease Costs

The Milken Institute has figured out the cost of chronic disease by state. The institute, founded by Michael of junk bond fame, is known for quality research. See www.chronicdiseaseimpact.com and then select New Mexico. The report was released today. The institute's release says, "'An Unhealthy America: The Economic Burden of Chronic Disease' shows the current treatment costs of seven chronic diseases (cancers, diabetes, heart disease, hypertension, stroke, mental disorders and pulmonary conditions) and the economic impacts of lost workdays and lower employee productivity across all 50 states and the nation as a whole."
Here are the New Mexico numbers.
Reported Cases of Common Chronic Diseases 2003 (As percent of population)
Cancers: 55,891 (3.0%)
Diabetes: 66,000 (3.5%)
Heart Disease: 91,897 (4.9%)
Hypertension: 174,914 (9.3%)
Stroke: 10,504 (0.6%)
Mental Disorders: 263,746 (14.0%)
Pulmonary Conditions: 224,103 (11.9%)

Economic Impact in New Mexico 2003
(Annual Costs in billions)
Treatment Expenditures: $1.2B
Lost Productivity: $5.8B
Total Costs: $7.0B

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