How much would you spend to turn back the clock?
November 16, 2012
Many years ago, there weren't many options for treating some of the unfortunate side effects of aging, like unsightly wrinkles, sexual dysfunction or frustrating menopause symptoms. Now, however, there is an array of medical treatments that can curb these issues, and they've become quite popular among middle-aged and older adults in the U.S. But these medications and treatments aren't free, and a recent study shows just how much some people are willing to pay to turn back the hands of time.
The study, conducted by Express Scripts, was presented at the annual meeting of the American Public Health Association. Researchers compared the costs of anti-aging treatments to those of chronic health issues. They found only two illnesses - diabetes and high cholesterol - accounted for more spending on medications than anti-aging treatments.
Express Scripts looked at a sample of a commercially insured population to determine results. They found that in 2011, treatments for aging-related conditions cost $73.33 per member, a figure 16 percent higher than the amount spent on high blood pressure or heart disease. What's more, the amount spent on anti-aging treatments has increased significantly. From 2006 to 2011, the total amount spent per member rose by 46 percent.
Part of the reason for this shift may be because the population is aging. As the baby boomer generation approaches their senior years, the large demographic is likely to seek out treatments for certain age-related issues.
However, some anti-aging techniques have decreased in price over the past few years. According to the American Society for Aesthetic Plastic Surgery, in 2011 the price for Dysport or Botox injections was $328. Chemical peels averaged around $588, while injections of hyaluronic acids like Juvederm or Restylane were around $558.
While these prices are relatively low, patients should not compromise the quality of their treatment for even further reduced costs. So-called "discount plastic surgery" can pose a major threat to one's health, and could result in larger medical bills or more surgery to reverse damage.
The American Society for Aesthetic Plastic Surgery (ASAPS), is recognized as the world's leading organization devoted entirely to aesthetic plastic surgery and cosmetic medicine of the face and body. ASAPS is comprised of over 2,600 Plastic Surgeons; Active Members are certified by the American Board of Plastic Surgery (USA) or by the Royal College of Physicians and Surgeons of Canada and have extensive training in the complete spectrum of surgical and nonsurgical aesthetic procedures. International Active Members are certified by equivalent boards of their respective countries. All members worldwide adhere to a strict Code of Ethics and must meet stringent membership requirements.
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