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

Publication ,  Journal Article
Maniloff, P; Fann, N
Published in: Applied Economics
January 1, 2024

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).

Duke Scholars

Published In

Applied Economics

DOI

EISSN

1466-4283

ISSN

0003-6846

Publication Date

January 1, 2024

Volume

56

Issue

48

Start / End Page

5743 / 5753

Related Subject Headings

  • Economics
  • 3802 Econometrics
  • 3801 Applied economics
  • 1502 Banking, Finance and Investment
  • 1403 Econometrics
  • 1402 Applied Economics
 

Citation

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Chicago
ICMJE
MLA
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Maniloff, P., & Fann, N. (2024). Estimates of the cost of illness of myocardial infarction, asthma and stroke. Applied Economics, 56(48), 5743–5753. https://doi.org/10.1080/00036846.2023.2257935
Maniloff, P., and N. Fann. “Estimates of the cost of illness of myocardial infarction, asthma and stroke.” Applied Economics 56, no. 48 (January 1, 2024): 5743–53. https://doi.org/10.1080/00036846.2023.2257935.
Maniloff P, Fann N. Estimates of the cost of illness of myocardial infarction, asthma and stroke. Applied Economics. 2024 Jan 1;56(48):5743–53.
Maniloff, P., and N. Fann. “Estimates of the cost of illness of myocardial infarction, asthma and stroke.” Applied Economics, vol. 56, no. 48, Jan. 2024, pp. 5743–53. Scopus, doi:10.1080/00036846.2023.2257935.
Maniloff P, Fann N. Estimates of the cost of illness of myocardial infarction, asthma and stroke. Applied Economics. 2024 Jan 1;56(48):5743–5753.

Published In

Applied Economics

DOI

EISSN

1466-4283

ISSN

0003-6846

Publication Date

January 1, 2024

Volume

56

Issue

48

Start / End Page

5743 / 5753

Related Subject Headings

  • Economics
  • 3802 Econometrics
  • 3801 Applied economics
  • 1502 Banking, Finance and Investment
  • 1403 Econometrics
  • 1402 Applied Economics