The cost of Non-Communicable Diseases in the European Union; A future projection
Désirée Vandenberghe () and
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Désirée Vandenberghe: Ghent University
No 9412102, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences
Non-communicable diseases (NCDs) are responsible for 90% of deaths in the European Union (EU) and impose significant costs on the health care system and society as a whole. The aim of this paper is to offer perspective into the evolution of NCD costs in the EU by 2050. Through a non-homogeneous, semi-Markov state-transition model, the future costs of major NCDs under the current health policy framework are explored. Additionally, we assess potential costs savings under a framework with additional population-based prevention measures, focused on limiting lifestyle-related risk factors. Under the current policy framework, we find that health care and economic costs could increase by respectively 80% and 60% in 2050, which is equivalent to a total cost increase of over 70% due to NCDs in the EU. Cost-effective prevention efforts can limit this total cost increase by 20% and prevent over half a million deaths.
Keywords: Non-communicable disease; European Union; Markov process; financial impact; prevention policy (search for similar items in EconPapers)
JEL-codes: I10 I18 (search for similar items in EconPapers)
Pages: 1 page
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Published in Proceedings of the Proceedings of the 50th International Academic Conference, Paris, Oct 2019, pages 273-273
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Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:9412102
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