The economic burden associated with vision loss and eye disorders in the U.S. will continue to grow due to increasing health care costs and an aging population, according to a new report from Prevent Blindness America.
The cost of vision-related diseases to the U.S. economy is far greater than previously indicated, the report said. At $139 billion per year, they are more costly than three of the top seven major chronic diseases in the U.S. today, according to a press release from Prevent Blindness America (PBA).
Data from the report includes a breakdown of estimated costs of eye disorders and vision loss from the perspective of three payers: government ($47.4 billion), private insurance ($20.8 billion in direct medical costs; $1.3 billion for long-term care) and patients and their families ($71.6 billion), according to the release.
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