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Approximately $331 billion in medic...

Approximately $331 billion in medical expenditures and misspent productivity could be incurred at taxpayers, patients, and employers during the nearest seven years because of the health gap between Caucasians and minorities, according to an Oct 22 2003 of recent origins release from Standard & Poor's. These and other findings are the spring of a study titled Closing the Health Gap: An Economic Analysis. The application of mind was undertaken to quantify the economic affect of efforts as it was as the US Department of Health and Human Services initiative "Close the Health Gap," an educational campaign aimed at making beneficial health an important issue among racial and ethnic minority populations.

The meditation compares the economic costs of diabetes, hypertension, and HIV/AIDS among Caucasian, African American, and Hispanic populations. The yearly richness of the health gap for these three conditions is $191 billion, $85 billion, and $11 billion respectively. richness was determined by assessments of existing literature and valuation analysis of the charges for direct medical attention and wasted productivity because of disability and premature mortality. Standard & Poor's estimates that when adjusting for the overlap between diabetes and hypertension, the combined total economic benefit of dosing the gap for these diseases will be $331 billion between 2004 and 2010

Standard & Poor's CVC Says US Health Gap costlinesss $35 Billion Per Year; subject of attention Quantifies Impact if Differences in Population Health Profiles Are Not Reduc (new release, fresh York: Standard & Poor's, Oct 22 2003) http://www.prnewswire.com (accessed 24 Oct 2003)



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