January 29, 2026

Global Healthy Living Foundation Study Shows Influenza Cost the U.S. Economy Nearly $29 Billion in 2023-2024 Flu Season

Higher Adult Vaccination Could Have Prevented Tens of Thousands of Deaths

UPPER NYACK, N.Y., January 29, 2026–(BUSINESS WIRE)–A Global Healthy Living Foundation (GHLF) study showed seasonal influenza continues to impose a massive and largely preventable economic and human toll on the United States.

According to the newly released paper, Influenza’s Economic Burden and the Impact of Adult Vaccination,” influenza cost the U.S. economy nearly $29 billion and contributed to more than 27,000 adult deaths during the 2023–24 flu season.

Led by Robert Popovian, PharmD, MS, Founder of Conquest Advisors and Chief Science Policy Officer at the Global Healthy Living Foundation (GHLF), and Wayne Winegarden, PhD, Senior Fellow in Business and Economics at the Pacific Research Institute and Director of PRI’s Center for Medical Economics and Innovation, the study estimates the annual cost of influenza and confirms how higher adult vaccination rates are strongly associated with lower hospitalization and mortality. The study finds that even a modest uptake in vaccinations could save billions of dollars and thousands of lives each year.

$29 Billion

Using CDC burden estimates combined with healthcare utilization, cost, and labor market data, Drs. Popovian and Winegarden found that influenza among U.S. adults in the 2023–24 season resulted in approximately $16 billion in direct medical costs and $13 billion in lost productivity. The costs were driven by missed workdays, caregiving responsibilities, and premature mortality.

“Influenza is often treated as a routine seasonal inconvenience, but the economic data tell a very different story,” said Dr. Winegarden.

“It represents a recurring and substantial drag on the U.S. economy, burdening employers, families, and healthcare systems alike. What’s striking is that a large share of these costs are avoidable. Higher vaccination rates don’t just improve health outcomes; they also improve economic efficiency by reducing hospitalizations, workforce disruption, and preventable deaths,” Dr. Winegarden added.

Lower Mortality and Reduced Hospitalization

A central tenet of the study is its analysis of how vaccination rates have influenced outcomes across 14 flu seasons. The authors found that higher adult vaccination rates were associated with significantly lower mortality among adults aged 18 and older, and with reduced hospitalizations among adults aged 50 and older.

Using predictive analytics, the researchers also modeled what would have happened if adult vaccination rates in 2023–24 had matched recent historical highs. Under that scenario, the study estimates that more than 8,000 deaths could have been prevented, and nearly $3 billion in economic losses avoided.


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