Report: Diabetes Cost the U.S. $245B in 2012
Diabetes care and indirect expenses cost the U.S. $245 billion in 2012 alone, representing a 40% jump in just 5 years.
The cost of diabetes care has increased more than 40% in just 5 years, amounting to $245 billion last year. The growing cost reflects the rising number of patients suffering from the disease, according to a report from the American Diabetes Assn.
More than $1 in every $10 spent on healthcare in the U.S. goes to diabetes and related complications, and more than $2 of every $10 is spent on health complications of a patient that has diabetes, according to a press release.