P anic attacks are highly prevalent in the United States (1), and 5%-8% of patients who present to primary care suffer from panic disorder; many more have infrequent panic attacks (2). People with panic attacks have a higher degree of functional disability than subjects without panic attacks (3). Panic disorder patients tend to be high users of health care services (3, 4), and they perceive their physical and emotional health to be much worse than comparison subjects (3, 5). They are also at higher risk for substance abuse, suicide attempts, marital problems, and financial dependency (6, 7).Leon and colleagues (8) analyzed the relationship between DSM-III-R symptoms in patients with panic disorder and functional impairment as measured by the Sheehan Disability Scales (9). The three clinical variables that were measured (frequency of attacks, percentage of time spent worrying about attacks, and degree of phobic anxiety) accounted for 37% of the variance in impairment, while the number of criterion symptoms during an attack and fear intensity did not add to impairment. Leon et al. concluded that DSM-III-R criteria account for less than half of the impairment experienced by patients with panic disorder and that other variables need to be studied (8).It is not known what other variables account for the impairment in patients with panic disorder. Other psychiatric disorders frequently coexist with panic. Between 44% and 91% of patients with panic disorder have major depression (10), and people with major de-