Tuesday, December 9, 2008

Assessing the Cost of Diabetes


By Ann Kuns, RN
Clinical Nurse Specialist
Foothill Presbyterian Hospital
CVHP Center for Diabetes Education

It is easy to forget that one of the best ways to save money is to stay healthy. As we finish 2OO8 and participate in all the holiday events, let's remember to eat as well as possible and get some exercise. Even if you don’t have diabetes, remember that pre-diabetes or are at risk of developing the disease. If at risk, you might consider talking with our team of experts at the CVHP Center for Diabetes Education. We would love to work with you and help you achieve a level of health for 2009. Ca11 Ana or Vanessa at 626-857-3477. See the article below on the fiscal cost of diabetes.

TRENTON , N.J. - As diabetes rapidly becomes one of the world's most common diseases, its financial cost is mounting, too, to well over $200 billion a year in the United States alone, says a study released this month.

The study puts the total at $21.8 billion last year - the first comprehensive estimate of the financial toll diabetes takes, according to Danish drug maker Novo Nordisk A/S, which paid for the study.

That figure includes direct medical care costs, from insulin and pills for controlling blood sugar to amputations and hospitalizations, plus indirect costs such as lost productivity, disability, and early retirement.

The $218 billion amounts to about 10 percent of all US health care spending by government and the public, about $2.1 trillion in 2006, and nearly half the $448.5 billion cost of heart disease and stroke.

The study, conducted by Lewin Group consultants, estimates costs for people known to have Type 1 or Type 2 diabetes at $174.4 billion combined, a total previously reported by Novo Nordisk
, the world's top producer of insulin and the maker of diabetes pills NovoNorm and Prandin. That study was done with the American Diabetes Association. Already, the federal government spends more than $85 billio a year - about one in eight health care dollars - on diabetes.

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