11/07/2019

Spiking Health Problems in U.S. May Make Millennials Poorer

Rise in chronic conditions could erode earnings, inflate costs

More Millennials in the U.S. are suffering from chronic health problems, potentially restraining the lifetime economic potential of a generation of young adults.

A spike in conditions like depression, hypertension and high cholesterol among younger people could increase health-care costs and lower incomes in coming years, according to a report Wednesday from the Blue Cross Blue Shield Association, a federation of 36 independent companies that together provide coverage for 1 in 3 Americans.

Between 2014 and 2017, rates of depression among Millennials surged by 31 percent, while hyperactivity rose 29 percent and hypertension increased 16 percent, according to the report. High cholesterol and tobacco-use disorder also increased.

Please select this link to read the complete article from Bloomberg.