Chronic Conditions Cost US More than 4.5 Trillion

The overall economic burden associated with diabetes, heart disease, dementia and other chronic medical conditions in the United States now adds up to more than $4.5 trillion, a new report has found.

While already staggering, that economic burden is projected to double within the next three decades as well, propelled by the wave of aging baby boomers soon to making landfall.

Released Monday by U.K.-based Fitch Solutions, the report reinforces the idea that home health and home care providers able to showcase their success in treating individuals with chronic conditions at a lower cost will have a leg up on their competition for the foreseeable future.

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