Health and Healthcare

The Most Expensive Medical Treatment in America

SDI Productions / Getty Images

Expensive medical treatments have been in the news recently. Medicare questioned whether it should reimburse the costs of a new Alzheimer’s drug. Aduhelm is costly, and there are questions about whether it is effective. It is also not considered safe by some medical experts. The New York Times described the controversy: “Last year, Medicare’s actuarial division, acting without knowing what the coverage decision would be, imposed one of the biggest-ever increases in Medicare Part B premiums for 2022, partly driven by the possibility of coverage for Aduhelm, which at the time was priced by its manufacturer at $56,000 a year.”

In a nutshell, the story shows the problem of how very expensive treatments are paid for. People may require them to stay alive or lead somewhat normal lives. But who should pay for them?

Certain conditions can be much more expensive to treat than others. To identify the most expensive ailment in America, 24/7 Tempo reviewed the cost per case dollars, which measures the amount of money spent per episode of care, for 256 detailed conditions treated in the United States in 2019 from the Health Care Satellite Account, a set of statistics measuring U.S. health care spending produced by the Bureau of Economic Analysis (BEA).

We used the bureau’s Blended Account database, which combines data from multiple sources, including large claims databases that cover millions of enrollees and billions of claims. To concentrate on specific conditions and diseases, we excluded miscellaneous categories, such as “Other care and screening.” Additional data also comes from the BEA.

Although a few of these ailments, including some heart attacks and HIV, are known to be preventable, the majority of them are not. The causes of a wide range of cancers, as well as appendicitis and ulcerative colitis, are variable and poorly understood, meaning that patients may have little control over their progression and hence their need for expensive treatment.

Some of the most expensive ailments, including sickle cell anemia and cystic fibrosis, are hereditary conditions. While living a healthy lifestyle is a key factor in preventing certain medical conditions, it often has little to do with some of the costliest illnesses.

The most expensive medical treatment in America is for cystic fibrosis. Here are the details:

  • Cost per episode of care: $136,319
  • Annual expenditure on condition: $4,942,155,835 (185th most out of 256 conditions)
  • Annual weighted number of episodes: 36,254 (309th most)
  • Relative growth in cost per case spending: #1 fastest


Click here to see all the most expensive medical treatments in America.

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.