Diabetes Costs US $245.5-B Annually

Diabetes Costs US $245.5-B Annually

Diabetes Costs US $245.5-B Annually

Diabetes costs the US $245.5-B a year in total healthcare expenditures and lost productivity, according to a new report that tabulates the financial toll of the metabolic disorder.

For the one in 10 Americans with diabetes, that breaks down to an extra $8,480 annually, compared with those who have not been diagnosed with diabetes.

The findings were released in a new a new report, “The Cost of Diabetes in the US: Economic and Well-Being Impact,” compiled as part of the Gallup-Sharecare Well-Being Index.

They are drawn from research by the American Diabetes Association, base on information drawn from more than 135,000 interviews.

Since Y 2008, the national adult diabetes rate has risen 1 percentage point, elevating the current cost estimates.

According to the Centers for Disease Control and Prevention (CDC), 11.5% of Americans, nearly 30-M have diabetes, and 86-M have pre-diabetes.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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