The Economics of Diseases and Cures

$230.00

Randall Waechter, PhD (Editor) – Associate Director of Research, Assistant Dean School of Graduate Studies, and Associate Professor School of Medicine, St. George’s University, West Indies

Series: Economic Issues, Problems and Perspectives

BISAC: MED022000

Target Audience: Health Policymakers, Health Economists, Healthcare Administrators, Research Administrators, Government Officials

This volume examines the process of cure discovery and the economic impact of cures across varying diseases. It is the first time anyone has attempted to examine the [economic] returns across a wide spectrum of disease categories, using a common frame of reference.

Where cures have already been discovered and implemented, such as the polio vaccine, an historical analysis is provided that estimates the human and economic impact of the disease prior to the introduction of the cure. An estimate of what the total impact of the disease would have been between the implementation of the cure and today, as well as an estimate of the ongoing future annual cost of the disease without the cure, is provided. Finally, an estimate of the current total human and economic savings associated with the implementation of the cure, while accounting for the cost of discovering the cure and implementing it on an annual basis, is also provided. A total return on investment for that achieved cure is then calculated.

Where cures are nonexistent or limited, such as Alzheimer’s disease, an estimate of the human impact and burden of disease, as well as the overall economic cost of the disease to the US is calculated. Where possible, this cost is broken down on an annualized basis, making it possible to project the future ongoing costs of the disease if no cures are developed. This provides an estimate of the potential costs savings to be achieved with the development of a cure.

Despite the heterogeneous nature of different diseases, they have been categorized to allow a direct comparison of their economic impact: (1) Infectious (e.g., influenza, HIV); (2) chronic (e.g., cardiovascular disease, diabetes); (3) Neoplasms (e.g., pancreatic cancer, childhood cancers). By examining the economic impact of these different highly burdensome diseases, and the cures that have been discovered to ameliorate that impact, within the same volume, fresh insight into the cures process is acquired. The final result is a compendium of evidence regarding the historical and future potential economic impact of cures on the health system in the US and around the world, allowing policymakers to make evidence-informed decisions about how much to invest in research into new cures.

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Table of Contents

Acronyms

Acknowledgements

Preface

Section A. Background and Measures

Chapter 1. The Economics of Diseases and Cures
(Randall Waechter and Hanns Kuttner – School of Medicine & School of Graduate Studies, St. George’s University, Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies, Hudson Institute, Washington, DC, USA)

Chapter 2. Tools and Assumptions
(Randall Waechter – School of Medicine & School of Graduate Studies, St. George’s University, Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies)

Section B. Infectious Diseases

Chapter 3. Immunodeficiency Syndrome (AIDS)
(Andres Zhang-Molina, , Shervin Shaffiy, and Julia Brunet – Arizona Inpatient Medicine, Tucson, AZ, USA, School of Medicine, St. George’s University, Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies et al.)

Chapter 4. Influenza
(Zaina Akeh – Casual IQ, Los Angeles, CA, US, Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies)

Chapter 5. Poliomyelitis
(Sarah Cancellieri – Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies)

Chapter 6. Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2)
(Mark Carrasco, Sevra McKenzie, Bianca Punch, Roberta Evans and Nikita Cudjoe – Nuvance Health Family Medicine Residency Program, Rhinebeck, NY, US, School of Medicine, St. George’s University, Windward Islands Research, and Education Foundation, St. George’s, Grenada, West Indies et al.)

Section C. Chronic Diseases

Chapter 7. Alzheimer’s Disease
(Sarah Cancellieri and Emily Vogler – Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies)

Chapter 8. Cardiovascular Disease
(Marium Khan and Eve Zohorsky – Department of Internal Medicine, Medical College of Wisconsin, Wauwatosa, Winsconsin, USA, School of Medicine, St. George’s University, Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies)

Chapter 9. Diabetes Mellitus
(Shervin Shaffiy, Chelsey Russ and Jason Cummings – School of Medicine, St. George’s University, St. George’s, Grenada, West Indies, Saint Barnabas Medical Center, Livingston, NJ, US, School of Medicine, St. George’s University, St. George’s, Grenada, West Indies et al.)

Chapter 10. Mood (Affective) Disorders
(Randall Waechter – School of Medicine & School of Graduate Studies, St. George’s University, Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies)

Chapter 11. Sickle Cell Disease
(Hilda Kyotakoze, Madlena Nalbandian, and Tuula Jalonen – Icahn School of Medicine, Mount Sinai Queens Hospital Center, New York, NY, US, School of Medicine, St. George’s University, St. George’s, Grenada, West Indies)

Section D. Neoplasm (Cancers)

Chapter 12. Child Cancers
(Kayleigh Kangas – Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies)

Chapter 13. Intraepithelial Neoplasia (Anus, Cervix, Oropharynx)
(Colleen Angus-Yamada – Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies)

Chapter 14. Pancreatic Cancer
(Julia C. Brunet – Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies)

Section E. Policy Implications

Chapter 15. The Value of Cures
(Randall Waechter – School of Medicine & School of Graduate Studies, St. George’s University, Windward Islands Research and Education Foundation, St. George’s, Grenada, West Indies)

Index

Additional information

Binding

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