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| Financial cost of obesity – USA Position1 #362031 Analysis [6] prepared for The Fiscal Times by Scott Kahan—director of the National Center for Weight & Wellness at George Washington University—puts the total national cost of obesity (including direct medical and non-medical services, decreased worker productivity, disability and premature death) at $305.1bn annually. Including the intangible costs associated with pain and suffering from obesity and obesity-associated conditions would add at least a further $300bn a year (Society of Actuaries). | - Direct medical costs (including counselling, outpatient and hospital visits, a range of bariatric surgical procedures, new treatment, nursing home care, rehabilitation and hospice) account for $190 billion of the annual costs. [5]
- Non-medical costs (including health education and behavioural change) add $50 billion per year.
- Absenteeism and sub-par productivity in the workplace costs an additional $65.1 billion a year.
Earlier Analysis of the Economic Impact of Obesity on the US - In 2010, the nonpartisan Congressional Budget Office reported that nearly 20 percent of the increase in U.S. health care spending (from 1987-2007) was caused by obesity.
- Annual health costs related to obesity in the U.S. is nearly $200 billion, and nearly 21 percent of medical costs in the U.S. can be attributed to obesity.
- Researchers estimate that if obesity trends continue, obesity related medical costs, alone, could rise by $43 to $66 billion each year in the United States by 2030.
- Per capita medical spending is $2,741 higher for people with obesity than for normal weight individuals.
View full size >> Obesity's Impact on the US Workforce - Full-time workers in the U.S. who are overweight or obese and have other chronic health conditions miss an estimated 450 million additional days of work each year compared with healthy workers-- resulting in an estimated cost of more than $153 billion in lost productivity annually, according to a 2011 Gallup Poll.
- Medical expenses for obese employees are 42% than for a person with a healthy weight, according to the Centers for Disease Control.
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+Citations (11) - CitationsAdd new citationList by: CiterankMapLink[2] Health and economic burden of the projected obesity trends in the USA and the UK
Author: Y Claire Wang, Klim McPherson, Tim Marsh, Steven L Gortmaker, Martin Brown
Publication info: 2011 August, 27 – The Lancet, Volume 378, Issue 9793, Pages 815 - 825
Cited by: David Price 9:59 PM 27 October 2014 GMT
Citerank: (7) 348767A potentially unsustainable financial burden on the health systemThe range of obesity's impacts makes accurate economic analysis challenging; however, a November 2014 study from the McKinsey Global Institute placed the annual economic impact on the UK at around $73bn (£46bn). Earlier analysis and modelling for the 2007 Foresight Report suggested a cost to the NHS of around £4.2bn annually to treat people with health problems related to elevated BMI and a total wider cost to the economy of around £15.8bn (rising to £27bn by 2015 and £49.9bn by 2050).57DE7179, 366990What costs should be included in the financial analysis?What cost factors should be included in the assessment of the overall financial impact of obesity on the UK economy?8FFB597, 370359Financial cost of obesity – international comparisons8FFB597, 399973A potentially unsustainable financial burden on the health systemThe range of obesity's impacts makes accurate economic analysis challenging; however, a November 2014 study from the McKinsey Global Institute placed the annual economic impact on the UK at around $73bn (£46bn). Earlier analysis and modelling for the 2007 Foresight Report suggested a cost to the NHS of around £4.2bn annually to treat people with health problems related to elevated BMI and a total wider cost to the economy of around £15.8bn (rising to £27bn by 2015 and £49.9bn by 2050).57DE7179, 399980What costs should be included in the financial analysis?What cost factors should be included in the assessment of the overall financial impact of obesity on the UK economy?8FFB597, 399981Financial cost of obesity – international comparisons8FFB597, 400007Financial cost of obesity – USAAnalysis [6] prepared for The Fiscal Times by Scott Kahan—director of the National Center for Weight & Wellness at George Washington University—puts the total national cost of obesity (including direct medical and non-medical services, decreased worker productivity, disability and premature death) at $305.1bn annually. Including the intangible costs associated with pain and suffering from obesity and obesity-associated conditions would add at least a further $300bn a year (Society of Actuaries).959C6EF URL:
| | Excerpt / Summary Rising prevalence of obesity is a worldwide health concern because excess weight gain within populations forecasts an increased burden from several diseases, most notably cardiovascular diseases, diabetes, and cancers. In this report, we used a simulation model to project the probable health and economic consequences in the next two decades from a continued rise in obesity in two ageing populations—the USA and the UK. These trends project 65 million more obese adults in the USA and 11 million more obese adults in the UK by 2030, consequently accruing an additional 6 – 8·5 million cases of diabetes, 5·7 – 7·3 million cases of heart disease and stroke, 492,000—669,000 additional cases of cancer, and 26 – 55 million quality-adjusted life years forgone for USA and UK combined. The combined medical costs associated with treatment of these preventable diseases are estimated to increase by $48 – 66 billion/year in the USA and by £1·9 - 2 billion/year in the UK by 2030. Hence, effective policies to promote healthier weight also have economic benefits. |
Link[6] Economic Costs: Paying the Price for Those Extra Pounds
Author: Harvard School of Public Health, Obesity Prevention Source
Cited by: David Price 9:12 AM 17 December 2014 GMT
Citerank: (13) 362119Direct healthcare costs of obesityThe direct costs of obesity are those that result from outpatient and inpatient health services (including surgery), laboratory and radiological tests, and drug therapy. [1]57DE7179, 362121Indirect financial costs of obesityThe indirect costs of obesity are the resources forgone as a result of an obesity-related health condition. [1]57DE7179, 362122AbsenteeismObese employees miss more days from work due to short-term absences and long-term disability, than nonobese employees. [2]57DE7179, 362124Early retirementObese employees are more likely, in general, to retire early than non-obese employees.57DE7179, 362125Premature mortalityPremature death is more likely, in general, among obese employees than non-obese employees.57DE7179, 370359Financial cost of obesity – international comparisons8FFB597, 399981Financial cost of obesity – international comparisons8FFB597, 400000Direct healthcare costs of obesityThe direct costs of obesity are those that result from outpatient and inpatient health services (including surgery), laboratory and radiological tests, and drug therapy. [1]57DE7179, 400001Indirect financial costs of obesityThe indirect costs of obesity are the resources forgone as a result of an obesity-related health condition. [1]57DE7179, 400007Financial cost of obesity – USAAnalysis [6] prepared for The Fiscal Times by Scott Kahan—director of the National Center for Weight & Wellness at George Washington University—puts the total national cost of obesity (including direct medical and non-medical services, decreased worker productivity, disability and premature death) at $305.1bn annually. Including the intangible costs associated with pain and suffering from obesity and obesity-associated conditions would add at least a further $300bn a year (Society of Actuaries).959C6EF, 400034AbsenteeismObese employees miss more days from work due to short-term absences and long-term disability, than nonobese employees. [2]57DE7179, 400036Early retirementObese employees are more likely, in general, to retire early than non-obese employees.57DE7179, 400037Premature mortalityPremature death is more likely, in general, among obese employees than non-obese employees.57DE7179 URL:
| | Excerpt / Summary Treating obesity and obesity-related conditions costs billions of dollars a year. By one estimate, the U.S. spent $190 billion on obesity-related health care expenses in 2005—double previous estimates. The enormity of this economic burden and the huge toll that excess weight takes on health and well-being are beginning to raise global political awareness that individuals, communities, states, nations, and international organizations must do more to stem the rising tide of obesity. |
Link[7] The medical care costs of obesity: an instrumental variables approach
Author: J. Cawley, C. Meyerhoefer
Publication info: 2012, January, Journal of Health Economics, 2012 Jan;31(1):219-30. doi: 10.1016/j.jhealeco.2011.10.003
Cited by: David Price 9:12 AM 17 December 2014 GMT
Citerank: (3) 370359Financial cost of obesity – international comparisons8FFB597, 399981Financial cost of obesity – international comparisons8FFB597, 400007Financial cost of obesity – USAAnalysis [6] prepared for The Fiscal Times by Scott Kahan—director of the National Center for Weight & Wellness at George Washington University—puts the total national cost of obesity (including direct medical and non-medical services, decreased worker productivity, disability and premature death) at $305.1bn annually. Including the intangible costs associated with pain and suffering from obesity and obesity-associated conditions would add at least a further $300bn a year (Society of Actuaries).959C6EF
URL: | | Excerpt / Summary This paper is the first to use the method of instrumental variables (IV) to estimate the impact of obesity on medical costs in order to address the endogeneity of weight and to reduce the bias from reporting error in weight. Models are estimated using restricted-use data from the Medical Expenditure Panel Survey for 2000-2005. The IV model, which exploits genetic variation in weight as a natural experiment, yields estimates of the impact of obesity on medical costs that are considerably higher than the estimates reported in the previous literature. For example, obesity is associated with $656 higher annual medical care costs, but the IV results indicate that obesity raises annual medical costs by $2741 (in 2005 dollars). These results imply that the previous literature has underestimated the medical costs of obesity, resulting in underestimates of the economic rationale for government intervention to reduce obesity-related externalities. |
Link[8] The economic burden of obesity worldwide: a systematic review of the direct costs of obesity
Author: D. Withrow, D.A. Alter
Publication info: 2011 February, Obes Rev. 2011 Feb;12(2):131-41. doi: 10.1111/j.1467-789X.2009.00712.x.
Cited by: David Price 9:13 AM 17 December 2014 GMT
Citerank: (7) 348767A potentially unsustainable financial burden on the health systemThe range of obesity's impacts makes accurate economic analysis challenging; however, a November 2014 study from the McKinsey Global Institute placed the annual economic impact on the UK at around $73bn (£46bn). Earlier analysis and modelling for the 2007 Foresight Report suggested a cost to the NHS of around £4.2bn annually to treat people with health problems related to elevated BMI and a total wider cost to the economy of around £15.8bn (rising to £27bn by 2015 and £49.9bn by 2050).57DE7179, 366990What costs should be included in the financial analysis?What cost factors should be included in the assessment of the overall financial impact of obesity on the UK economy?8FFB597, 370359Financial cost of obesity – international comparisons8FFB597, 399973A potentially unsustainable financial burden on the health systemThe range of obesity's impacts makes accurate economic analysis challenging; however, a November 2014 study from the McKinsey Global Institute placed the annual economic impact on the UK at around $73bn (£46bn). Earlier analysis and modelling for the 2007 Foresight Report suggested a cost to the NHS of around £4.2bn annually to treat people with health problems related to elevated BMI and a total wider cost to the economy of around £15.8bn (rising to £27bn by 2015 and £49.9bn by 2050).57DE7179, 399980What costs should be included in the financial analysis?What cost factors should be included in the assessment of the overall financial impact of obesity on the UK economy?8FFB597, 399981Financial cost of obesity – international comparisons8FFB597, 400007Financial cost of obesity – USAAnalysis [6] prepared for The Fiscal Times by Scott Kahan—director of the National Center for Weight & Wellness at George Washington University—puts the total national cost of obesity (including direct medical and non-medical services, decreased worker productivity, disability and premature death) at $305.1bn annually. Including the intangible costs associated with pain and suffering from obesity and obesity-associated conditions would add at least a further $300bn a year (Society of Actuaries).959C6EF URL: | | Excerpt / Summary In the last decade, the prevalence of obesity has increased significantly in populations worldwide. A less dramatic, but equally important increase has been seen in our knowledge of its effects on health and the burden it places on healthcare systems. This systematic review aims to assess the current published literature on the direct costs associated with obesity. A computerized search of English language articles published between 1990 and June 2009 yielded 32 articles suitable for review. Based on these articles, obesity was estimated to account for between 0.7% and 2.8% of a country's total healthcare expenditures. Furthermore, obese individuals were found to have medical costs that were approximately 30% greater than their normal weight peers. Although variations in inclusion/exclusion criteria, reporting methods and included costs varied widely between the studies, a lack of examination of how and why the excess costs were being accrued appeared to be a commonality between most studies. Accordingly, future studies must better explore how costs accrue among obese populations, in order to best facilitate health and social policy interventions. |
Link[11] Economic costs of obesity
Author: G. A. Colditz
Publication info: 1992 February, Am J Clin Nutr. 1992; 55:503S–507S
Cited by: David Price 6:03 PM 7 January 2015 GMT
Citerank: (1) 400007Financial cost of obesity – USAAnalysis [6] prepared for The Fiscal Times by Scott Kahan—director of the National Center for Weight & Wellness at George Washington University—puts the total national cost of obesity (including direct medical and non-medical services, decreased worker productivity, disability and premature death) at $305.1bn annually. Including the intangible costs associated with pain and suffering from obesity and obesity-associated conditions would add at least a further $300bn a year (Society of Actuaries).959C6EF
URL: | | Excerpt / Summary mellitus (NIDDM), hypertension, cardiovascular disease, gallbladder disease and cholecystectomy, and colon and postmenopausal breast cancer. Using a prevalence-based approach to cost of illness, we estimated the economic costs in 1986 attributable to obesity for these medical conditions. Indirect costs due to morbidity and mortality were discounted at 4%. Overall, the costs attributable to obesity were $11.3 billion for NIDDM, $22.2 billion for cardiovascular disease, $2.4 billion for gall bladder disease, $1.5 billion for hypertension, and $1.9 billion for breast and colon cancer. Thus a conservative estimate of the economic costs of obesity was $39.3 billion, or 5.5% of the costs of illness in 1986. Addition of costs due to musculoskeletal disorders could raise this estimate to 7.8%. The costs of treatment for severe obesity must be weighed against the improved health status and quality of life. |
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