Cost of having diabetes has doubled in two decades

From:http://www.reuters.com/article/2015/02/02/us-diabetes-care-rising-costs-idUSKBN0L620020150202

The cost of managing diabetes has more than doubled in the past 20 years, a new analysis says.

The average diabetes patient now spends $2,790 more per year than they did in 1987 and more than half the additional spending is for medications.

People need to be mindful about the substantial increase in the cost of diabetes, which has been partially fueled by the rising prices of newer drugs, said Xiaohui Zhou, a health economist at the Centers for Disease Control and Prevention (CDC) who led the study.

Zhou and colleagues compared National Medical Expenditure Survey data from 1987, 2000-2001 and 2010-2011.

The 1987 survey, involving 22,538 people, showed that diabetics spent $2,588 per person more on healthcare than people without diabetes. In 2000 and 2010, with more people responding (roughly 39,000 each time), the extra spending by diabetics rose to $4,205 and $5,378, respectively.

More:http://www.reuters.com/article/2015/02/02/us-diabetes-care-rising-costs-idUSKBN0L620020150202