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

  • About 1/4 of Americans age 60 and over had diabetes (either physician diagnosed or undiagnosed) in 2003-2006.  
  • It is estimated that one-third of Medicare dollars are spent on people with diabetes.  
  • Type 2 diabetes accounts for 90-95 percent of United States diabetes cases.  
  • Since 1980, the prevalence of diagnosed diabetes has more than doubled, rising from 2.8 percent of the USpopulation to 8.3 percent in 2010.  
  • In 2008, diabetes-related hospital costs totaled $83 billion.