Obesity & Diabetes Week
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Market Analysis
Diabetes spending surges
December 11th, 2006
The cost of caring for U.S. adults with diabetes rose sharply between 1996 and 2003, a period in which the number of patients soared from 9.9 million to 13.7 million and the average annual inflation-adjusted treatment costs rose from $1,299 to $1,714, according to reports released recently by HHS' Agency for Healthcare Research and Quality. The rising costs of prescription drugs accounted for much of the cost increase. An adult diabetic's average annual spending for prescription medicines jumped nearly 86% during the time period, from $476 to $883. Patients aged 45 to 64, for whom drug costs doubled, were the age group most dramatically affected. The...
Source: Obesity & Diabetes Week (2006-12-11)
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