The high cost of excessive drinking can be tallied in billions of dollars for health costs, lost productivity, criminal justice expenses and property damage, a new Centers for Disease Control and Prevention study found.
Nationwide the cost of binge drinking was $223.5 billion in 2006, according to the study, with a median cost of $2.9 billion to each state and the District of Columbia.
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The healthcare spending slump isn't just a U.S. phenomenon.
The Organization for Economic Cooperation and Development reports that healthcare spending increased less than 2% in 2011 among its 32 member nations, with the sharpest slowdowns being felt in those countries hit hardest by the economic crisis. Spending fell in 2010.
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