TAILIEUCHUNG - The Economic Impact and Cost of Vision Loss in Australia

Because input-output modeling is costly to perform, particularly for a particular situation, it is common to extrapolate available data to a particular situation. For example, the . Federal Highway Administration assumes that, on average, a $1 billion of Federal highway expenditure supported 30,000 jobs in 2007 (FHWA 2008). This number has been widely applied, although recent analysis by Heintz, Pollin and Garrett‐Peltier (2009) suggests that actual impacts are somewhat lower. In addition, the models include many assumptions that may be inaccurate or outdated. For example, the IMPLAN Input-Output Model apparently assumes that all service station jobs result. | Eye Research Australia Clear Insight The Economic Impact and Cost of Vision Loss in Australia A Report prepared by Access Economics Pty Limited Acknowledgements and Disclaimer This Report was prepared by Access Economics Pty Limited for the Centre for Eye Research Australia and the Eye Research Australia Foundation. It was funded by an unrestricted grant from Alcon Laboratories Australia Pty Ltd who had no part in the direction or findings contained in this Report. Access Economics Pty Limited would like to acknowledge with appreciation the comments prior research and expert input from Professor Hugh R Taylor AC Centre for Eye Research Australia Associate Professor Jill Keeffe Centre for Eye Research Australia Professor Paul Mitchell Centre for Vision Research at the University of Sydney Additional assistance was provided by Associate Professors Tien Wong and Robyn Guymer and Drs Alex Harper and Julian Rait all from the Centre for Eye Research Australia University of Melbourne. Eye Research Australia acknowledges the support of Access Economics Pty Limited in particular that of Lynne Pezzullo. The financial support of Alcon Laboratories Australia Pty Ltd is gratefully acknowledged. The Centre for Eye Research Australia is a core partner of the Vision CRC and is proud to be a partner of Vision 2020. Support from these organisations and the RANZCO Eye Foundation is much appreciated. August 2004 Contents Executive Summary 5 1 Prevalence and risk factors 11 Cataract 12 Diabetic retinopathy 15 Glaucoma 19 Age-related macular degeneration 23 Refractive error 26 Summary of the impact of visual impairment 31 Prevalence 31 Mortality and comorbidity 35 Service utilisation 38 Employment and other socioeconomic impacts 40 2 Direct costs to the Australian people 41 Direct health costs in 1993-94 42 Direct health costs in 2004 44 Projections to 2020 49 Comparisons with other disorders 53 International .

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