13 Jun Cost of Diabetes
Type-2 diabetes affects millions of individuals and their families, workplaces, and the U.S. health care system. In 2017, the total cost of care for people with diagnosed diabetes was $327 billion, up 33% over a 5-year period. About 1 in 4 health care dollars is spent on people with diagnosed diabetes. The majority of expenses are related to hospitalizations and medications used to treat complications of diabetes.
People diagnosed with diabetes incur on average $16,750 annually in medical expenses. That’s about 2.3 times the medical expenses of a person without diabetes. The need to prevent type 2 diabetes has never been greater.
American Diabetes Association. Economic Costs of Diabetes in the U.S. in 2017. Diabetes Care 2018;41(5):917-928.