Cost Saving in a Year

by | Jan 17, 2015 | Lifestyle, Lung Disease

According to the American Lung Association, more than 35 million people in the United States live with some type of chronic lung disease. Lung disease is listed as the number three killer in the United States, right behind heart disease and cancer. This disease encompasses a number of conditions such as chronic obstructive pulmonary disease (COPD),emphysema, chronic bronchitis, interstitial lung disease, and more.

As you can probably deduct, lung disease can become pretty expensive with so many conditions to treat. This is where it gets interesting. As mentioned by Creative Biotech, Inc., the total cost of lung disease in 2014 to reached up to $154 billion a year. This includes $95 billion annually from healthcare companies and $59 billion for indirect costs, with a projected 6 percent increase per year in the future. Researchers believe that the cost for 2015 is expect to be near $180 billion dollars in healthcare needs.

In a study published in 2010, researchers wanted to determine what the direct cost of COPD was among insured patients in the United States. Of the 37,089 patients studied, the average mean cost to the patient ranged from $3,238 to $76,159. The results found that the healthcare costs went up among patients that had frequently more flare-ups and hospital time.

In another published article, researchers have found that the overall cost of asthma treatment is $18 billion each year. With the average person spending $3,000 to $7,000 in treatments. This may vary upon the severity of the condition.

The cost of lung disease is a huge toll on anyone suffering from the condition. While each condition has a different price tag, it is important to try and get the help you need in order to feel better. Be sure to talk to your doctor or healthcare provider about any costs that might occur during your treatment. Talk with you insurance company and doctor on potential ways to be more coast effective in your treatments this year.

If you or a loved one has been diagnosed with a lung disease and want to learn more about treatment options, please contact us or call 888-745-6697 today.

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