With medical expenditures for diabetes reaching $176 billion, it is one of the most costly conditions in the U.S. Due to increasing obesity rates as well as issues surrounding lifestyle choices, the condition has become more and more prevalent as the number of American diabetics saw a fourfold increase from 1998 to 2014. About 22 million people in the country had diabetes as of 2014, compared with just 15.2 million in 2004 (an increase of about 30%), and 75,578 Americans died from the disease in 2013, the Centers for Disease Control and Prevention reported.
The costs associated with diabetes are alarming not just because they are high, but also because providing care for diabetics has been getting more expensive in a relatively short amount of time. In 2014, spending for diabetics who are covered by employer-sponsored insurance increased at a faster pace than spending for non-diabetics, totaling $16,021 per capita, according to a June study from the Health Care Cost Institute (HCCI). For the full article click here
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