" Schizophrenia Facts and Statistics ." Schizophrenia .com. 5 Mar. 2007 . http://www.schizophrenia.com/szfacts.htmSchizophrenia is a devastating disorder for most people who are afflicted, and very costly for families and society. The overall U.S. 2002 cost of schizophrenia was estimated to be $62.7 billion, with $22.7 billion excess direct health care cost ($7.0 billion outpatient, $5.0 billion drugs, $2.8 billion inpatient, $8.0 billion long-term care). (source: Analysis Group, Inc.)
Schizophrenia, long considered the most chronic, debilitating and costly mental illness, now consumes a total of about $63 billion a year for direct treatment, societal and family costs. Richard Wyatt, M.D., chief of neuropsychiatry, National Institutes of Mental Health, has said that nearly 30 percent ($19 billion) of schizophrenia's cost involves direct treatment and the rest is absorbed by other factors -- lost timefrom work for patients and care givers, social services and criminal justice resources.
A more recent estimate of the cost of schizophrenia and other serious mental illnesses (biplar disorder, serious depression, etc) from Dr, E. Fuller Torrey in Q1, 2004 was that federal costs for the care of seriously mentally ill individuals now total $41 billion yearly and are rocketing upward at a rate of $2.6 billion a year.
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