The economic and societal costs
- $16.9 billion (65 percent) for medical care
- $1.9 billion (7 percent) for maternal delivery
- $611 million (2 percent) for early intervention services
- $1.1. billion (4 percent) for special education services
- $5.7 billion (22 percent) for lost household and labor market productivity
The average first-year medical costs, including both inpatient and outpatient care, were about 10 times greater for preterm infants ($32,325) than for full-term infants ($3,325).
These estimates come from Preterm Birth: Causes, Consequences and Prevention, a report published by the Institute of Medicine (2006) and funded in part by the March of Dimes.
Who pays the bill?
You do. All health care payers — employers, health plans, federal and state Medicaid programs, and individuals — share the cost of caring for premature babies.
See also: The cost to business