Diabetes Cost US $174B In 2007
Diabetes cost the U.S. $174 billion in 2007 in both direct care andlost productivity, an increase over $132 billion in costs related tothe disease in 2006, according to a report released on Wednesday by theAmerican Diabetes Association, Richmond Times-Dispatch reports (Smith, Richmond Times-Dispatch, 1/24).
Aboutone million people are diagnosed with diabetes each year, the reportsaid. The condition costs almost as much as cancer, which totaled$206.3 billion in 2006, but fewer people die from diabetes than fromcancer, USA Today reports.
The report also found that:
- About half of people with diabetes have health insurance through public health insurance programs;
- About half the cost of treating diabetes comes from inpatient care;
- Diabetes increases hospital stays for other conditions by almost 50%;
- Routine care to treat the condition has a relatively low cost; and
- Most of the cost comes when the disease is unmanaged (Szabo, USA Today, 1/24).
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