The Leading Causes Of Death Cost The US Economy $1 Trillion Every Year


Last week, the centres for Disease Control and Prevention (CDC) released its estimated causes of death for 2010. The 10 leading causes of death in the U.S. accounted for 75% of the nearly 2.5 million deaths in 2010. Overall costs for the top 10 causes of death topped $1.1 trillion in 2007, the last fully reported year for all causes. 24/7 Wall St. reviewed the causes to determine how much they cost and to reflect how efficiently they are being treated.

The overall cost for the top 10 causes of death, which includes direct medical care and the indirect loss of productivity, is far greater when the lost wages of family members are taken into account. Since 2000, the overall cost of the top 10 causes of death has increased by an estimated 35%. During this same time, the death rate from these diseases and injuries has decreased by 13.5%.

In some of the areas, spending to treat the disease has been very efficient. For example, the costs attributable to heart disease and stroke (two closely related diseases) have declined both due to decreasing deaths and improvements in the efficiency of care.

Read the rest of the story at 24/7 Wall Street >
This post originally appeared at 24/7 Wall Street.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at