Heart Disease Could Cost US $1 Trillion Per Year By 2035

By Sarah Oliver   
Money and Investing Writer

The leading killer in America is expected to create even more problems by the year 2035. Despite the fact that Americans are becoming increasingly aware of the correct way to diet and exercise, recent news has reported that heart disease is expected to cost $1.1 trillion in 2035. The president of the American Heart Association is not only concerned with the health of the nation, but also with the potentially damaging effects a rise in cardiovascular disease will have on the economy.

In a statement made by Steven Houser, the president, he explained “Our new projections indicated cardiovascular disease is on a course that could bankrupt our nation’s economy and health care system.” According to the organization, who anticipated much lower amounts concerning the cost of heart disease, the benchmark originally given for 2030 has already been reached. Two years ago almost half of the population, 41.5 percent, suffered from some heart related problem. The AHA expects one in every two Americans to suffer from some sort of heart problem, whether it be minor or more serious.

The amount of people who die from heart disease every year is approximately 600,000. Several factors are to blame for the increase in heart problems, including a still growing obesity epidemic, the longer lives that the baby boom generation is living, and an increase in type 2 diabetes in younger adults.

The American Heart Associate hopes that by expanding cardiovascular care, they will be able to prevent the large number that is currently being foreseen for the year 2035.  It is currently being anticipated that The United States will spend double what it is currently spending to medical costs related to heart disease. The number currently stands at $318 billion, and is expected to increase to around $750 billion.

The longer a person lives, generally, the greater risk they have for heart problems. With increased technology and medical care, people are living much longer lives today than in past years.

This could be perhaps that biggest reason that we will see much higher costs related to cardiovascular care. According to research, the risk of heart disease increases by 30 percent within 25 years of a person’s live.

By the time a person in 45 their risk for heart disease is about 50 percent, compared to only 20 percent when a person is in their early 20’s. The study for 2035 states that high blood pressure, coronary heart disease, stroke, congestive heart failure, and atrial fibrillation will all be the causes for the large increase in spending.

In a report made by The United States Department of Health and Human Services, “the rate of growth in health care spending in the U.S. has outpaced the growth rate in GDP, population, and inflation for many years.” Since the cost of medical care in The United States is exceptionally high compared to other countries who offer free health care, American’s suffer from large financial burdens caused by health problems.

Americans are paying taxes to fund public health programs, and on top of that, paying for their own medical problems and those of their family members. With such large predictions for the number of heart problems in the next 20 years, The United States could see many negative economic side effects. The AHA continues efforts to prevent these heart problems, thus preventing the bankruptcy of our nation’s health care system.

A version of this article appeared in the Tuesday, February 21st, 2017 print edition.

Contact Sarah at
sarah.oliver@student.shu.edu

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