Cancer survivors a decade from now could be spending upward of $144 billion annually on medical costs. And that figure only begins to touch on the disease's full economic impact that also involves lost worker productivity, an extrapolation of data in a government study demonstrates.
Currently, there are more than 13 million cancer survivors in the U.S. That will grow to 18 million over the next decade, the Centers for Disease Control and Prevention estimates.
Annual medical costs for male cancer survivors averaged more than $8,000 a person between 2008 and 2011, according to the findings of a report published Thursday in the latest issue of the CDC's Morbidity and Mortality Weekly Report. Female cancer survivors had an average cost of $8,400 associated with treatment of the disease.