The High Cost of Chronic Illness: NCOA Article

New National Council on Aging (NCOA) research shows the high cost of chronic illness and why it matters. Their webpage: Chronic Inequities — Measuring Disease Cost Burden Among Older Adults in the U.S. – A Health and Retirement Study Analysis includes key takeaways:

  • A person’s health directly impacts their wealth—and this connection becomes even more acute as people age.
  • Women and people of color are more likely to experience higher treatment costs and greater lost wages due to chronic disease.
    — For example, 39% of black and hispanic older adults lost wages due to chronic disease vs. 17% of whites.
  • At the same time, these individuals have the fewest financial resources to draw upon
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