As pickleball keeps sweeping the nation, the now-popular sport could rack up health care costs as high as $250 million to $500 million in 2023, according to statistics from investment bank UBS.
'Making Money' host Charles Payne discusses the increase in popularity of pickleball, the cost of injuries and the surge of popularity in new sports.with a broken hip — or until health insurance premiums start to skyrocket.
"While we generally think of exercise as positively impacting health outcomes, the 'can do' attitude of today's seniors can pose greater risk in other areas such as sports injuries, leading to a greater number of orthopedic procedures," the UBS analysts said, per a Bloomberg report. Participation doubled in 2022 and skyrocketed more than 158% over a three-year period, the SFIA stated on its website.As participation has increased, so have the injuries.
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