Better Prevention as Better Health Policy
This really is a surprise to no one by now, but a forthcoming article in the American Journal of Public Health states that US medical costs could drop significantly if there were a greater investment placed in public health and preventative measures. Bloomberg Business Week reports on this fiscal sense:
The study authors concluded that reducing the prevalence of diabetes and high blood pressure by 5 percent would save the nation about $9 billion a year in the near term. In addition, conditions related to those health problems would also be reduced, which would increase the savings to about $24.7 billion a year in the medium term.
It seems that a slight investment in public health upfront means big payoffs in long-term costs. Thoughts?