Abstract
This paper estimates the benefits of eliminating racial disparities in mortality rates and work weeks lost due to illness. Using data from the American Community Survey (2005–2007) and Minnesota vital statistics (2011–2015), we explore economic methodologies for estimating the costs of health disparities. The data reveal large racial disparities in both mortality and labor market non-participation arising from preventable diseases and illnesses. Estimates show that if racial disparities in preventable deaths were eliminated, the annualized number of lives saved ranges from 475 to 812, which translates into $1.2 billion to $2.9 billion per year in economic savings (in 2017 medical care inflation-adjusted dollars). After eliminating the unexplained racial disparities in labor market participation, an additional 4,217 to 9185 Minnesota residents would have worked each year, which equals $247.43 million to $538.85 million in yearly net benefits to Minnesota.
| Original language | English (US) |
|---|---|
| Article number | 742 |
| Journal | International journal of environmental research and public health |
| Volume | 16 |
| Issue number | 5 |
| DOIs | |
| State | Published - Mar 1 2019 |
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Keywords
- Economic cost
- Lost productivity
- Mortality
- Racial disparities
Cite this
The economic benefits of reducing racial disparities in health : The case of Minnesota. / Nanney, Susie; Myers, Samuel L; Xu, Man; Kent, Kateryna; Durfee, Thomas; Allen, Michele L.
In: International journal of environmental research and public health, Vol. 16, No. 5, 742, 01.03.2019.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - The economic benefits of reducing racial disparities in health
T2 - The case of Minnesota
AU - Nanney, Susie
AU - Myers, Samuel L
AU - Xu, Man
AU - Kent, Kateryna
AU - Durfee, Thomas
AU - Allen, Michele L
PY - 2019/3/1
Y1 - 2019/3/1
N2 - This paper estimates the benefits of eliminating racial disparities in mortality rates and work weeks lost due to illness. Using data from the American Community Survey (2005–2007) and Minnesota vital statistics (2011–2015), we explore economic methodologies for estimating the costs of health disparities. The data reveal large racial disparities in both mortality and labor market non-participation arising from preventable diseases and illnesses. Estimates show that if racial disparities in preventable deaths were eliminated, the annualized number of lives saved ranges from 475 to 812, which translates into $1.2 billion to $2.9 billion per year in economic savings (in 2017 medical care inflation-adjusted dollars). After eliminating the unexplained racial disparities in labor market participation, an additional 4,217 to 9185 Minnesota residents would have worked each year, which equals $247.43 million to $538.85 million in yearly net benefits to Minnesota.
AB - This paper estimates the benefits of eliminating racial disparities in mortality rates and work weeks lost due to illness. Using data from the American Community Survey (2005–2007) and Minnesota vital statistics (2011–2015), we explore economic methodologies for estimating the costs of health disparities. The data reveal large racial disparities in both mortality and labor market non-participation arising from preventable diseases and illnesses. Estimates show that if racial disparities in preventable deaths were eliminated, the annualized number of lives saved ranges from 475 to 812, which translates into $1.2 billion to $2.9 billion per year in economic savings (in 2017 medical care inflation-adjusted dollars). After eliminating the unexplained racial disparities in labor market participation, an additional 4,217 to 9185 Minnesota residents would have worked each year, which equals $247.43 million to $538.85 million in yearly net benefits to Minnesota.
KW - Economic cost
KW - Lost productivity
KW - Mortality
KW - Racial disparities
UR - http://www.scopus.com/inward/record.url?scp=85063394156&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85063394156&partnerID=8YFLogxK
U2 - 10.3390/ijerph16050742
DO - 10.3390/ijerph16050742
M3 - Article
VL - 16
JO - International Journal of Environmental Research and Public Health
JF - International Journal of Environmental Research and Public Health
SN - 1661-7827
IS - 5
M1 - 742
ER -