Estimates of the cost of illness of myocardial infarction, asthma and stroke

C-Tier
Journal: Applied Economics
Year: 2024
Volume: 56
Issue: 48
Pages: 5743-5753

Authors (2)

Peter Maniloff Neal Fann (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

This study provides updated estimates of the cost-of-illness for three common and costly health outcomes: myocardial infarction, asthma and stroke. We use a regression approach based on a large data set which provides a representative sample of individual health-related expenditures in the United States. Our core estimates are that the estimated cost of a first myocardial infarction is $238,000, the cost of new onset asthma is $170,000, and the cost of a first stroke is $175,000. We also demonstrate the importance of including wage income and caregiving costs and document differences in short- and long-term costs for some health outcomes. Looking forward, these cost-of-illness estimates can be used to inform environmental benefit-cost analysis such as those performed by the United States Environmental Protection Agency (EPA).

Technical Details

RePEc Handle
repec:taf:applec:v:56:y:2024:i:48:p:5743-5753
Journal Field
General
Author Count
2
Added to Database
2026-01-25