Diabetes in America is a big problem, and many people seem to be suffering from it. Recent studies have been conducted and all indications are that the diabetes rate could double in 25 years and spending on the disease will nearly triple. Between the aging population and the dramatic rise in obesity, the perfect storm for the rise in diabetes has begun. The cost of caring for diabetes patients is about $113 billion annually, while the projected cost could be in the neighborhood of $336 billion by 2034. About 23 million Americans are suffering from this disease today, and that is way too much. The projected amount in 25 years could exceed 44 million Americans, and that will certainly be a serious issue. Diabetes patients will be older and sicker and will require more expensive medical care, thus the costs will outpace the increase in cases by far.
James M. Wilson Sr., CO RPA