Healthcare Finance News October 24, 2017
In Massachusetts alone, the number of people with three or more chronic diseases is expected to grow from 625,000 in 2015 to 1.7 million by 2030.
Healthcare spending is on the rise, and one of the main factors contributing to this trend is the rise in prevalence of chronic disease, particularly obesity.
That effect seems obvious. After all, people with chronic diseases are going to utilize more healthcare resources and drive up spending. But what’s striking is just how much of an effect this has. Using Massachusetts as a case study, the Partnership to Fight Chronic Disease found that the projected total cost of chronic disease in that state from 2016-2030 is $870 billion.
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