I know I have brought this up before, but there have been some new figures released and surprise, surprise – the cost of treating Diabetes is going up. Not only has the cost of supplies increased, and the cost of meds – the biggest reason for the increase is that there are more Diabetics. You can’t refute that logic. It costs more to treat Diabetes because there are more Diabetics. Sherlock Holmes watch out.
According to the Diabetes Forum the cost for treating Diabetes has risen from 174,000,000,000 (that’s 174 Billion – I just like seeing all of those zeroes) in 2007 to $254,000,000,000 ($254 Billion) in 2012. In five years it’s gone up $50,000,000,000. That’s incredible!
‘When it comes to the rising cost of diabetes, one of the key factors explaining the increase is that there are many more people that are now being treated for diabetes in the US,’ said Ratner. ‘It is important to note that while treating diabetes is expensive, it is the fact that the prevalence of the disease is increasing dramatically. Recent estimates project that as many as one in three American adults will have diabetes in 2050. These numbers are alarming and further highlight the need for our nation to address this epidemic,’ he explained.
A lot of money is being spent to treat Diabetes. No question. But there are other concerns according to this report I found from a North Carolina newscast. The concern is that there are going to be so many people with Diabetes that health care facilities will not be able to treat them. Go ahead. Watch it.
CNN also got in on the news cycle. It’s basically saying exactly what the other sources are writing. Pay particular attention to the last paragraph:
Anderson and the association hope to continue to spread awareness about diabetes. Addressing the disease on the front end, before it leads to serious complications, will help lower overall costs, he said.
“That’s a great way of preventing the growth of this epidemic.”
Here is the release from the ADA that inspired the reports. You can read the news release by clicking on the link at the bottom of the article.
A couple of last thoughts. The number of Diabetics is not consistent in the news reports. I have seen the number be anywhere from 22.3 million to 29 million people having Diabetes. Why the variation in reporting? No clue. Why the variation in the number of Diabetics? I put it down to statistical modeling. The one thing they all agree on is that there are a lot of us.
My other thought is that these numbers just represent Diabetes in the United States. There has been a similar increase everywhere. In fact, based on the World Health Organization, the number of diabetics in the world is bigger than the population of the United States! 347,000,000 folks with Diabetes. You will see that they are projecting it to be the 7th leading cause of death on Earth by 2030.
And, it just does not have to be. Fight it. Declare War On Diabetes. You can win. You can beat Diabetes.
Want to control medical costs? Control your Diabetes.
As always, thank you for reading.