New study estimates $7 billion economic impact of COVID-19 health disparities in Texas
Read full article: New study estimates $7 billion economic impact of COVID-19 health disparities in TexasHOUSTON – Texas’ failure to address race-based inequities in health and health care access is costing the state billions of dollars, according to a new study. Funded by the Episcopal Health Foundation, a Houston-based non-profit and reported by Altarum, a non-profit research and consulting organization, the study examined the impact of disparities highlighted by COVID-19. According to researchers, differences in health status, disease prevalence and life expectancy by race and ethnicity cost the state of Texas $2.7 billion in excess medical care spending and $5 billion in lost productivity. Researchers hope the study will motivate policymakers to fund programs they say are necessary to address health disparities in the state. “We want them to know the real cost is the cost of inaction,” said Dr. Darrell Gaskin, who co-authored the report and is a professor of health policy and director of the Johns Hopkins Center for Health Disparities Solutions.