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Home Industry News Cancer costs in UK set to rise to 24.7bn pounds, thinktank warns

Cancer costs in UK set to rise to 24.7bn pounds, thinktank warns

18th February 2010

Cancer costs in the UK could increase from 18.3 billion pounds a year to 24.7 billion pounds a year over the next decade.

This is the conclusion of a report by the Policy Exchange thinktank, which also highlighted the fact that the mortality rate from cancer in the UK is currently six per cent higher than that of the rest of Europe.

Concerns were also raised that UK spending on cancer medicines is only about 60 per cent of that recorded in other advanced European countries, with England spending 5.6 per cent of its public healthcare budget on cancer, compared to 7.7 per cent in France and 9.6 per cent in Germany.

Henry Featherstone, head of Policy Exchange’s health unit and author of the report, therefore called for the UK to focus on achieving parity with Europe on survival rates, describing the potential benefits as “huge”.

He said: “The report finds that on a cumulative basis by 2020, total costs could be reduced by 10 billion pounds and 71,500 lives could be saved.”

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