Recently, more and more American children have been diagnosed with diabetes. So, unsurprisingly, healthcare spending for this metabolic disease has risen, and particularly for those with private health insurance. According to an article published by United Press International, “Spending for employer-insured children with diabetes rose 7 percent between 2011 and 2012, and 9.6 percent between 2012 and 2013,” (Hays, Healthcare Spending for Privately Insured Kids with Diabetes Rises).
Because the amount of children with diabetes has risen so exponentially, the health care spending for these individuals is doing the same in order for doctors and researchers to fully understand the relationship between actual health outcomes for children with diabetes. According to UPI, “Researchers said one of the main reasons for the spending increase is that branded insulin is administered to children with diabetes more frequently than it is for older Americans with the disease,” (Hays, Healthcare Spending for Privately Insured Kids with Diabetes Rises).
The important thing to monitor now is how this increase in spending contributes to what professionals can learn about managing diabetes and ultimately come to some sort of a cost-effective solution, if not a cure. According to the article, patients with diabetes spent an alarming, “$10,000 more each year than those without the disease,” (Hays, Healthcare Spending for Privately Insured Kids with Diabetes Rises).
From more information on the amount of effort and spending associated with patients who have diabetes, please read UPI’s article here.
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