Journal of the National Cancer Institute

Economic cost of cancer mortality is high in US, regardless of how cost is measured

Published in Gastroenterology Week, December 22nd, 2008

The economic cost of death due to cancer is high in the United States, regardless of whether researchers estimate the economic impact in lost work productivity or in a more global measure using the value of one year of life, according to two studies published online December 9 in the Journal of the National Cancer Institute.

Researchers can estimate the economic burden of cancer mortality in terms of lost years of work (the human capital approach) or using the willingness-to-pay approach, which calculates the impact based on how much people would pay to gain one additional year of life ($150,000 based on prior studies in the U.S.).

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Source: Gastroenterology Week (2008-12-22)

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