Annual Health Care Spending Is Higher for Diabetes Patients
People that have diabetes spend more than three times the average amount annually on health care than people that don’t have the disease. Care costs for children that have diabetes are also rising sharply as children often require more expensive versions of insulin. These findings were according to a new study done by researchers at Health Care Cost Institute.
The report was based on findings from analyzing healthcare claims of roughly 40 million people that had been enrolled in employer-sponsored insurance programs during the years 2009 through 2014.
The study also discovered that people with diabetes have to pay twice the out-of-pocket health care costs when compared with others that don’t have the disease. Amanda Frost, co-author of the report released by the HCCI says that the increased spending will impact employers, insurers and health-care spending. The report was published two years after the American Diabetes Association reported that diabetes costs had risen 41 percent between the years 2007 to 2012.
In 2013, there were about 9 million people with diabetes in employer plans. People with diabetes had per-capita spending of $14,999 during 2013. Adults between the age of 55 and 64 years spent $16,889 per capita on health care. The findings of the study demonstrate that patients who have the Affordable Care Act are still struggling to meet the basic requirements of their insulin regime, says Matt Petersen, managing director of medical information for the American Diabetes Association.
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