A new report reveals that food allergies in children are costing nearly $25 billion annually in the United States.

After calculating the medical, out-of-pocket, lost work productivity and other expenses, the researchers found that the overall cost of food allergy was $24.8 billion annually with direct medical costs amounting to $4.3 billion and $20.5 billion in annual costs to families.
“In summary, childhood food allergy in the United States places a considerable economic burden on families and society. … Given these findings, research to develop an effective food allergy treatment and cure is critically needed”, the researchers wrote in their report.
Source-Medindia