CDC: diabetes patient costs have doubled
The price of diabetes care has doubled. Reuters reports that a survey by the Centers for Disease Control and Prevention found that patients now spend an additional $2,790 per year on managing their disease than they did in 1987.
The CDC said the uptick was not just limited to the US and that increased spending on diabetes medications has hit other developed markets as well. They attributed the annual price increase to two causes: greater use of healthcare services and higher prices.