2021 study in Annals of Internal Medicine reveals that the US spends $43 billion annually on cancer screenings, with 65% allocated to colorectal cancer screenings.

The US spends over $40 billion annually on initial cancer screenings, with nearly two-thirds attributed to colorectal cancer screenings, according to a study published in the Annals of Internal Medicine. The research, based on 2021 data, found that cancer screening costs accounted for $43 billion, with 88.3% covered by private insurance, 8.5% by Medicare, and 3.2% by other government programs, uninsured persons, and Medicaid. The study underscores the importance of addressing cancer screening costs and drivers to improve access to recommended cancer screening services, as early detection can reduce treatment costs and increase patients' chances of continuing to work.

August 05, 2024
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