Daily Multivitamin Use May Bring Significant Savings To Older Americans
According to a new study, the daily use of a multivitamin by older adults could bring about more than $1.6 billion in Medicare savings over the next five years. The study, funded by Wyeth Consumer Healthcare and conducted by The Lewin Group, was presented at “Multivitamins and Public Health: Exploring the Evidence,” a meeting that was attended by top research groups, government agencies and health advocacy organizations. The purpose of the meeting was to examine the current research supporting daily multivitamin use and to determine what the future course of research should be. The study, the first of its kind, included an in-depth review of the most rigorous research available to examine the health benefits of multivitamin use among older adults. The researchers used Medicare claims and cost accounting methods to determine the costs and potential savings resulting from the preventative health benefits of multivitamin supplementation. According to Allen Dobson, Ph.D., senior vice president and director of Healthcare Finance at the Lewin Group, “We were able to identify significant cost savings based on improved immune functioning and a reduction in the relative risk of coronary artery disease through providing a daily multivitamin to the 65 and over population”.
Source: www.npicenter.com
According to a new study, the daily use of a multivitamin by older adults could bring about more than $1.6 billion in Medicare savings over the next five years. The study, funded by Wyeth Consumer Healthcare and conducted by The Lewin Group, was presented at “Multivitamins and Public Health: Exploring the Evidence,” a meeting that was attended by top research groups, government agencies and health advocacy organizations. The purpose of the meeting was to examine the current research supporting daily multivitamin use and to determine what the future course of research should be. The study, the first of its kind, included an in-depth review of the most rigorous research available to examine the health benefits of multivitamin use among older adults. The researchers used Medicare claims and cost accounting methods to determine the costs and potential savings resulting from the preventative health benefits of multivitamin supplementation. According to Allen Dobson, Ph.D., senior vice president and director of Healthcare Finance at the Lewin Group, “We were able to identify significant cost savings based on improved immune functioning and a reduction in the relative risk of coronary artery disease through providing a daily multivitamin to the 65 and over population”.
Source: www.npicenter.com