Getting a flu shot could help save the US $5.8 billion

If you haven’t gotten your seasonal flu shot yet, here’s a multi-billion-dollar reason to get it.

A new study out from the University of North Carolina at Chapel Hill modelled just how much unvaccinated adults cost the US economy (either in healthcare costs or in loss of productivity).

The researchers found that the overall cost of 10 vaccine-preventable diseases was $8.95 billion in 2015. Those who weren’t vaccinated accounted for 80% of that (about $7.1 billion).

The flu alone accounted for $5.8 billion of the costs. The next costliest disease was pneumonia, which cost the health system $1.86 billion in 2015.

Notably, the study was funded by Merck, a pharmaceutical company that makes flu vaccines among others.

Here’s a breakdown of the costs:

Flu season, according to the Centres for Disease Control and Prevention, runs from October to May. It’s key to get the flu vaccine every flu season, because the flu virus is very good at mutating, meaning last year’s shot might not prevent you from getting this year’s strain. (The current flu shot reduces your risk of catching the flu by about 50-60%; its effectiveness varies from year to year.)

Most of that $5.8 billion cost came from inpatient costs of treating those who came down with the flu and had to go to the hospital, followed by the costs of treating those who came down with the virus outside the hospital.

“We hope our study will spur creative health care policies that minimise the negative spillover effects from people choosing not to be vaccinated while still respecting patients’ right to make informed choices,” the lead author of the study, Sachiko Ozawa, said in a release.

NOW WATCH: NASA released a stunning time-lapse of Saturn that shows the planet for 44-hours straight

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.