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-----Original Message-----
From: AOL News <[log in to unmask]>
Date: Monday, April 20, 1998 1:45 PM
Subject: New Financial Study of Parkinson's Disease Pegs Average...


>New Financial Study of Parkinson's Disease Pegs Average Annual Cost at
$24,000
>
>CAUTION -- ADVANCE FOR RELEASE AT 6 P.M. EST, TODAY/
>
>ADVANCE/ NEW YORK, April 20 /PRNewswire/ -- A new study of the financial
costs
>of Parkinson's disease estimates the total at $24,041 per patient in 1997.
>The survey, which is based on already-available data drawn from a variety
of
>sources and takes account of the indirect economic costs of Parkinson's as
>well as the direct costs of medical care, was conducted by John C. Robbins
>Associates, a New York consulting firm, and commissioned by the Parkinson's
>Disease Foundation, a not-for-profit fundraising and educational group.
>
>If, as is commonly estimated, the number of people with Parkinson's in the
>United States is about one million, the per capita costs derived in this
study
>would suggest an aggregate annual cost of the disease -- to individuals,
>government and society combined -- in the order of $24 billion.
>
>The study takes into account indirect costs -- for example, disability
>payments by government and insurance plans and lost income due to forced
early
>retirement -- as well as the direct costs of medicines, surgery, doctor
>visits, hospital and nursing home care and other medical expenses.  These
>indirect costs accounted for about two-thirds of the total: $15,169 per
year,
>compared with $8,872 for direct medical costs.
>
>Costs vary widely by age of patient, the study found.  For patients under
age
>50, the estimated average annual cost in 1997 was $28,023.  For those of
ages
>50 through 64 -- the range at which a Parkinson's diagnosis is most likely
to
>force an involuntary reduction of work or application for disability -- the
>average rises to $40,677.  For older patients, the average declines again,
to
>$16,401 for those aged 65-74 and $13,388 for those over 75.
>
>The report is being released today as part of the worldwide celebrations
>marking World Parkinson's Day for 1998.  To request a copy, contact Robin
>Elliott.
>
>SOURCE  Parkinson's Disease Foundation
>
>CO:  Parkinson's Disease Foundation
>
>ST:  New York
>
>IN:  MTC FIN
>
>SU:
>
>04/20/98 13:41 EDT http://www.prnewswire.com
>
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