Have you ever wondered what the total cost of managing diabetes is over a lifetime? American Journal of Preventative Medicine has summed it up for us. Hold onto your hats, ladies and gentlemen. These figures might blow you away.
What would you say the costs of living with T2D is over a lifetime? The dollar amount is eye-opening, and so are the differences in costs between men and women. Everybody checks their glucose and takes the same meds but the complications and duration of the disease discriminate based on sex.
The complete costs of T2D, both diabetes treatments and managing its complications, were estimated for one person annually. The findings reveal that on average, a person with T2D spends more than $85,000 over the course of their lifetime on treating the disease and managing complications.
After all information was analyzed, the point at which a person is diagnosed with T2D can affect how much they spend during their lifetime. For example, a man diagnosed with T2D when he is between 25 and 44 will spend $124,700.
The bill is steep for men but gentleman, hold your horsess. Women from the same age range will pay over $130,800 during their lifetime. Researchers note that costs go down the later in life a person is diagnosed.
The cost of diabetes is high: diagnostics, glucose testing, drugs, foods, etc. However, when the disease is coupled with complications, the tab grows exponentially. Kidney disease, nerve and eye damage, heart disease, amputations and strokes are expensive a la carte options on the diabetes menu.
As headlines have shown, the rate of diabetes h as increased significantly. In kind, the amount of money spent each year on treating diabetes has significantly risen. In 2012, direct medical costs for treating diabetes totaled $176 billion.
Despite costs rising, the incidence of diabetes complications is falling. In the last 12 years, there has been a 50% decrease in amputations and a 35% decrease in dialysis or transplantation for kidney disease in people with diabetes.
The good news is diabetes complications are fewer but T2D diagnosis are still rising. Maybe somewhere in between we’ll find a way to minimize the inconvenience of the diagnosis and do away with complications. Is it possible to downgrade T2D to something less than a disease? Maybe someday.
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