Let’s be honest. At one point or another, when we hear about healthcare costs, we picture a gigantic dollar sign go off in our head. What will this cost me? How much will my insurance cover? How much will I save? All of these questions tend to plague us at some point in regard to healthcare.
Rich or poor, the sad truth is that many people worry about the cost of healthcare treatment. In our society, healthcare has become a driving factor to help us stay healthy and live a better quality of life in spite of various medical conditions, such as lung disease. But what is the price tag that comes from treating such a condition? What is the real cost of lung disease?
How Much is the Cost of Lung Disease Affecting You?
According to the American Lung Association, more than 35 million people in the United States live with some type of chronic lung disease. Any problem in the lungs or that even prevents the lungs from working right is known as a 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, asthma, tuberculosis and more.
As you can probably deduct, lung disease can become pretty expensive with so many conditions to treat. Although this is where it gets interesting. As mentioned by Creative Biotech, Inc., the total cost of lung disease in 2014 is expected to reach 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.
In a study published in 2010, researchers wanted to determine what the direct cost of COPD patients 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.
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 (800) 729-3065 today. *At the Lung Institute, we only treat certain types of lung disease, for a full list of the conditions that we treat, please visit our page here.