New report: Increasing cost of osteoporosis
A new report issued on 15 August by the Australian Institute of Health and Welfare (AIHW) has found musculoskeletal conditions, including osteoporosis and arthritis, are Australia’s fourth most expensive group of diseases. Spending in the area has risen 67% since the previous 2001 report (issued by AIHW).
Gail Morgan, CEO of Osteoporosis Australia said “this is just another example of why we urgently need action to prevent and better manage osteoporosis in Australia. This is serious national health issue but we have shown early intervention can make a big difference and taking proactive steps to improve bone health can work.”
Alarmingly the report noted the costs of osteoporosis are generally underestimated and additional costs, not covered in the report, are also attributable to osteoporosis. Hospital costs, relating to fractures from osteoporosis, were considered to be substantially underestimated. The report is based on data from 2008-09 and costs have also increased in the proceeding period.