The total annual economic cost of diabetes in 2007 was estimated to be $174
billion. Medical expenditures totaled $116 billion, which is an
increase of $42 billion since 2002. The economic impact has risen over
$8 billion each year!One out of every five health care dollars is spent
caring for someone diagnosed with diabetes, while one in every ten dollars
is attributed to diabetes.People with diagnosed diabetes, on average, have medical expenditures
that are approximately 2.3 times higher than those without diabetes.
Diagnosed diabetes patients account for 5.8 percent of the total U.S.
population.
$58.3 billion was spent on inpatient hospital care and $9.9 billion on
physician’s office visits directly attributed to diabetes.Diabetes-related hospitalizations totaled 24.3 million days in 2007, an
increase of 7.4 million from the 16.9 million days in 2002. The average cost
for a hospital inpatient day due to diabetes is $1,853 and $2,281 due to
diabetes-related chronic complications, including neurological, peripheral
vascular, cardiovascular, renal, metabolic, and ophthalmic complications.In 2007, diabetes accounted for 15 million work days absent, 120 million
work days with reduced performance, 6 million reduced productivity days for
those not in the workforce, and an additional 107 million work days lost due
to unemployment disability attributed to diabetes.284,000 deaths were attributed to diabetes in 2007. The value of lost
productivity due to premature death is $26.9 billion.
(Statistics
provided by American Diabetes Association.)
©2008 Diabetes Aid and Research Fund
