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. Author manuscript; available in PMC: 2022 May 5.
Published in final edited form as: Am Econ Rev. 2022 Feb;112(2):494–533. doi: 10.1257/aer.20201480

Table 5:

Net Value of Medical Care, 1999–2012

Spending Change QALE Change Value of a Year of Life Discount rate
Condition $100,000 $50,000 $200,000 (3%)
Overall
(95% confidence interval, 000s)
$57,893
($46–$69)
1.70
(0.7–2.5)
$112,575
($14–$188)
$27,341
($-18–$64)
$283,042
($87–$440)
$66,220
($0–$116)
Cardiovascular diseases $5,157 0.94 $89,327 $42,085 $183,811 $56,731
 Ischemic heart disease $5,054 0.86 $80,888 $37,917 $166,830 $51,361
 Congestive heart failure $13,569 0.35 $21,395 $3,913 $56,358 $12,042
 Other heart and vascular disease −$1,573 0.41 $43,058 $22,316 $84,543 $27,848
 Strokes and cerebrovascular disease $4,354 0.45 $40,750 $18,198 $85,855 $25,588
Cardiovascular risk factors $15,439 0.22 $6,995 −$4,222 $29,429 $2,289
Cancers −$80 0.38 $37,987 $19,033 $75,895 $23,821
 Lung cancer $24,099 0.36 $12,384 −$5,857 $48,868 $8,994
 Colorectal cancer −$2,196 0.36 $38,275 $20,235 $74,353 $24,610
 Prostate cancer $9,211 0.02 −$7,374 −$8,292 −$5,537 −$6,918
 Breast cancer $1,272 0.18 $16,470 $7,599 $34,213 $9,041
 Other cancers and neoplasm −$2,423 0.37 $39,116 $20,770 $75,809 $24,909
Mental Health $5,568 0.15 $4,397 −$493 $14,175 $3,126
 Dementia $6,355 0.11 $ 4,725 −$815 $15,805 $1,672
 Mental health and tobacco/drug abuse $4,343 0.14 $3,519 −$307 $11,170 $3,020
Central Nervous System (CNS) $3,446 0.05 $1,591 −$927 $6,629 $729
 Major disease of the CNS $4,213 0.10 $5,305 $546 $14,822 $3,155
 Eye, ear, other disease of the CNS $1,484 0.00 −$1,197 −$1,341 −$911 −$955
Respiratory System $3,815 0.10 $6,553 $1,369 $16,921 $3,535
 Respiratory symptoms, COPD, asthma $3,828 0.20 $15,789 $5,981 $35,406 $9,397
 Infectious disease $1,082 −0.12 −$13,404 −$7,243 −$25,726 −$8,687
Kidney Disease $7,286 0.01 −$5,796 −$6,541 −$4,307 −$4,722
 Chronic renal failure or ESRD −$645 0.13 $13,281 $6,963 $25,917 $8,844
 Acute renal failure $11,009 0.41 $29,783 $9,387 $70,575 $19,183
 Other genitourinary disease $6,520 −0.06 −$12,826 −$9,673 −$19,132 −$9,386
Frailty $4,168 0.27 $22,615 $9,224 $49,399 $14,458
Musculoskeletal $14,172 0.11 −$2,792 −$8,482 $8,589 −$2,061
 Arthritis and musculoskeletal $14,416 0.17 $2,304 −$6,056 $19,024 $1,355
 Injury $1,375 −0.08 −$9,204 −$5,290 −$17,033 −$6,194
Endocrine, GI, Liver, Hematologic $10,012 0.23 $13,146 $1,567 $36,304 $6,977
 Other endocrine $5,525 0.21 $15,553 $5,014 $36,631 $9,287
 Gastrointestinal and liver disease $2,836 0.08 $5,325 $1,245 $13,485 $2,767
 Hematologic $10,616 0.08 −$2,543 −$6,580 $5,531 −$2,963
Miscellaneous $10,660 0.03 −$7,280 −$8,970 −$3,900 −$5,934
 After care $14,564 0.06 −$8,486 −$11,525 −$2,407 −$6,685
 General symptoms and other disease $4,365 0.01 −$3,680 −$4,023 −$2,994 −$3,110
Prevention and screening −$2,557 0.02 $4,261 $3,409 $5,964 $3,024
 Immunizations and infectious screening −$134 0.01 $949 $541 $1,763 $580
 Cancer screening −$519 −0.03 −$2,437 −$959 −$5,393 −$1,369
 Well care −$4,975 0.05 $10,425 $7,700 $15,876 $7,188

Notes: In the first row, spending change uses the present value of expected lifetime costs for each disease per person in the population, and QALE change uses expected QALE at age 65 for each disease per person in the population. In subsequent rows, results are per person with the disease (or disease category). The discount rate is 0% in the columns varying the value of a year of life. The value of a year of life is $100,000 in the column varying the discount rate.

Source: Authors’ calculations as described in text.