Silver Book Fact

The cost of complications for type 2 diabetics over a 30-year period are estimated at $47,240 per patient.

Cutler D, McClellan M. Is Technological Change in Medicine Worth It?. Health Affairs. 2001; 20(5): 11-29. http://content.healthaffairs.org/content/20/5/11.full

Reference

Title
Is Technological Change in Medicine Worth It?
Publication
Health Affairs
Publication Date
2001
Authors
Cutler D, McClellan M
Volume & Issue
Volume 20, Issue 5
Pages
11-29
URL
Read Full Resource

Categories

  • Cost of Disease
  • Future Economic Burden

Related Facts

  • In 2012, the total cost of diabetes was $245 billion–$176 billion in medical costs and $69 billion in lost productivity.  
  • It is estimated that one-third of Medicare dollars are spent on people with diabetes.  
  • 25.8 million Americans–8.3% of the total population–have diabetes.  
  • If current trends persist, it is estimated that 15.4 percent of American adults (40.3 million) might have diabetes by 2021, compared to 11.8 percent (28 million) in 2011.  
  • Diabetes consumes 62.4 % of government health insurance (Medicare, Medicaid, and the military)