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A report, prepared for the Foundation for Chiropractic Progress by the esteemed medical authors Niteesh Choudhry, MD, PHD (Harvard Medical School) and Arnold Milstein, MD, MPH (Mercer health and Benefits), produced these conclusions from their Executive Summary:

Chiropractic care is more effective than other modalities for treating low back and neck pain
Total cost of care per year:
1. For low back pain, chiropractic physician care increases total annual per patient spending by $75 compared to medical physician care

2. For neck pain, chiropractic physician care reduces total annual per patient spending by $302 compared to medical physician care.

Cost-effectiveness:
When considering effectiveness and cost together, chiropractic physician care for low back and neck pain is highly cost-effective, represents a good value in comparison to medical physician care and to widely accepted cost-effectiveness thresholds. Because we were unable to incorporate savings in drug spending commonly associated with US chiropractic care, our estimate of its comparative cost-effectiveness is likely to be understated.
They go on to state: Our findings in combination with existing US studies published in peer-reviewed scientific journals suggest that chiropractic care for the treatment of low back and neck pain is likely to achieve equal or better health outcomes at a cost that compares very favorably to most therapies that are routinely covered in US health benefit plans. As a result, the addition of chiropractic coverage for the treatment of low back and neck pain at prices typically payable in US employer-sponsored health benefit plans will likely increase value-for-dollar by improving clinical outcomes and either reducing total spending (neck pain) or increasing total spending (low back pain) by a smaller percentage than clinical outcomes improve.

You may want to read the Full-Text report:
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