Silver Book Fact

The national burden of diabetes is likely to exceed $174 billion because it omits the social cost of intangibles such as pain and suffering, care provided by unpaid caregivers, excess medical costs associated with undiagnosed diabetes, and other health care expenditures categories omitted from this study.

American Diabetes Association. Economic Costs of Diabetes in the U.S. in 2007. Diabetes Care. 2008; 31(3): 1-20. http://care.diabetesjournals.org/content/31/3/596.full.pdf+html

Reference

Title
Economic Costs of Diabetes in the U.S. in 2007
Publication
Diabetes Care
Publication Date
2008
Authors
American Diabetes Association
Volume & Issue
Volume 31, Issue 3
Pages
1-20
URL
Read Full Resource

Categories

  • Cost of Disease
  • Economic Burden

Related Facts

  • Estimated number of new cases of diagnosed diabetes in people aged 20 years and older, by age group, United States, 2007  
  • The estimated number of physician office visits for treated diabetes increased from 25 million in 1994 to 36 million in 2007.  
  • The estimated total financial cost of diabetes in the United States in 2007- taking into account medical care, disability, and premature death- was $174 billion.  
  • The average cost per diabetes prescription increased from $56 in 2001 to $76 in 2007.  
  • 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.