News Release - Save $1 Billion and 800 Lives: CAMH’s"Avoidable Costs of Alcohol Abuse in Canada 2002" Study released For Immediate Release – June 11, 2008 (TORONTO): The economic burden of alcohol abuse costs each Canadian $463 per year. In fact, the direct health care costs for alcohol abuse in Canada exceed those of cancer. Released today by the Centre for Addiction and Mental Health (CAMH), the Avoidable Cost of Alcohol Abuse in Canada 2002 report estimates that, even under very conservative assumptions,implementing six reviewed interventions would result in cost savings of about $1 billion per year and a savings of about 800 lives, close to 26,000 years of life lost to premature death and more than 88,000 acute care hospital days in Canada per year. This pioneering study is Canada’s first systematic estimate of the avoidable costs of alcohol abuse, and the first study of its kind worldwide.
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