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Healthcare Financial News - Annual Cost of Health Disparities Nearly $24 Billion, Study Finds

Healthcare Financial News


Friday, September 25, 2009
Annual Cost of Health Disparities Nearly $24 Billion, Study Finds

Excess rates of several preventable diseases among African Americans and Latinos will cost the healthcare system $23.9 billion in 2009, according to a study published by the Urban Institute. The excess cost of conditions including diabetes, hypertension, and stroke among these populations is estimated at $15.6 billion for Medicare and $5.1 billion for private insurers. Over the next decade, the total cost is approximately $337 billion. Left unchecked, these annual costs will more than double by 2050 as the representation of Latinos and African Americans among the elderly increases, the authors conclude.

posted on 9/25/2009 12:38:33 PM (CST)  Permalink