Concept: November 21, 2021. How Many People Have Diabetes and its Cost

Diabetes mellitus (DM) is a very costly condition because of the number of people who have it, the increased costs of its care and the labor losses associated to it. According to the International Diabetes Federation, 463 million people in the age group 20-79 years old have DM. This represents 9.3%

In addition to the use of insulin and other medications, DM causes kidney failure (which may require dialysis), peripheral vascular disease (which may require amputations) , diabetic retinopathy (which requires specialized ophtalmology care), cardiac disease, and cerebrovascular disease. The financial burden of these conditions is enormous. For this reason, prevention of diabetes mellitus represent a huge resource-saving strategy

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.