Cancer costs EU $170 billion annually – study | Inquirer News

Cancer costs EU $170 billion annually – study

/ 07:31 AM October 14, 2013

PARIS – Cancer cost the then 27 countries of the European Union 126 billion euros ($170.1 billion) in 2009, according to a study published on Monday.

The bill mainly comprised 51 billion euros in costs for health-scare systems, including drugs; 23 billion euros in unpaid care provided by friends and relatives of people with cancer; and 52 billion euros in lost productivity due to premature deaths and illness.

Britain, France, Germany and Italy accounted for most than two-thirds of the cost.
Four types of cancer – breast, colorectal, lung and prostate – contributed to around half of all new cancer diagnoses and deaths.

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Lung cancer had the highest overall cost, of 18.8 billion euros, and was also responsible for the biggest loss of productivity.

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The analysis should be useful for policymakers weighing decisions on where to allocate research funds, drugs and human resources, said researcher Ramon Luengo-Fernandez of the University of Oxford.

The study appears in The Lancet Oncology.

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TAGS: Cancer, Health, Research, Study

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