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09 November 2012 09:10
Lung cancer costs the UK economy £2.4 billion a year, experts revealed at a conference
Experts have revealed lung cancer costs the economy £2.4 billion each year. The figure was presented at the National Cancer Research Institute (NCRI) Cancer Conference in Liverpool. Researchers say this is greater than the cost of any other cancer and underlines an "urgent" need to cut the numbers of teenagers taking up smoking.
In a new study, researchers at Oxford University worked out a figure of £15.8 billion as the total yearly cost of all cancers. Of this, £5.6 billion is for healthcare costs and £7.6 billion is covered by premature deaths and time off work. With so much to consider, sufferers planning a break might find some reassurance by ensuring they have specialist travel insurance for cancer patients.
Research author, Dr Jose Leal, at the Health Economics Research Centre, University of Oxford, said: "Lung cancer costs more than any other cancer - mainly because of potential wage losses due to premature deaths from people in employment - about 60% of the total economic costs - and high healthcare costs."
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