Silver Book Fact

By age 30, a person with diabetes can expect a ten-percentage-point reduction in the likelihood of being employed and annual earnings penalties of up to $6,000 when employed.

Fletcher, Jason M. and Michael R. Richards. Diabetes’s ‘Health Shock’ To Schooling and Earnings: Increased Dropout Rates And Lower Wages And Employment In Young Adults. Health Affairs. 2012; 31(1): 27-34. http://www.ncbi.nlm.nih.gov/pubmed/22232091

Reference

Title
Diabetes’s ‘Health Shock’ To Schooling and Earnings: Increased Dropout Rates And Lower Wages And Employment In Young Adults
Publication
Health Affairs
Publisher
Project HOPE
Publication Date
2012
Authors
Fletcher, Jason M. and Michael R. Richards
Volume & Issue
Volume 31, Issue 1
Pages
27-34
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Close to 50% of those with diabetes are age 60 and older.  
  • Decreased productivity due to diabetes costs an individual between $3,700 and $8,700 in yearly earnings.  
  • Medical costs attributed to diabetes include $27 billion in direct care, $58 billion in treating diabetes-related chronic complications, and $31 billion in excess general medical costs.  
  • The per capita annual cost of health care for a diabetic increased from $10,071 in 1997 to $13,243 in 2002–an increase of more than 30%.  
  • Diabetes was the cause of approximately 2.3 million hospital admissions, 14 million hospital days, and 70 million nursing home days in 1997.