If we truly want cost-effective medical care, then we are going to have to figure how to control diabetes. Diabetes is an expensive disease. I have been arguing for years that the real expenses in health care are right in front of our noses. Diabetics have to pay for doctors visits but it is stuff like syringes and alcohol wipes that drive up the price. We have to figure out how to prevent the costly complications of diabetes like foot infections, hypertension, coronary artery disease, peripheral vascular disease and blindness. Diabetes cost us over $245 Billion last year.
From USA Today:
The growing toll of diabetes cost the nation a record high $245 billion in 2012, a 41% increase from $174 billion in 2007, according to new research released today.
The study Economic Costs of Diabetes in the U.S. in 2012, commissioned by the American Diabetes Association, estimated the health care and work-related costs of diagnosed diabetes. The full study will be published in the April issue of Diabetes Care.
John Anderson, the association’s president of medicine and science, says the cost of diabetes has risen primarily because of the higher number of people with the disease. “When you look at the per-patient cost of diabetes, it has remained roughly flat,” he adds. (more…)