Washington, DC, (September 14, 2010) — A new study released today by the American Lung Association, and conducted by researchers at Penn State University, finds that helping smokers quit not only saves lives but also offers favorable economic ben…
The annual cost of diabetes in medical expenditures and lost productivity climbed from $98 billion in 1997 to $132 billion in 2002, according to a study by the American Diabetes Association (ADA) published in the March issue of Diabetes Care. The direct medical costs of diabetes more than doubled in that time, from $44 billion in 1997 to $91.8 billion in 2002. The study’s findings were announced jointly today by Health and Human Services Secretary Tommy G. Thompson and American Diabetes Association President Francine R. Kaufman, M.D. “Diabetes continues to be a huge financial burden on patients, their families and society, a burden that continues to grow in parallel with the obesity and diabetes epidemics in this country,” Secretary Thompson said.
Baby boomers will increase Medicare and other medical expenditures as they age but not nearly as much as some analysts have feared, according to a new study. The study, which appears in the January issue of the Journal of Gerontology, suggests that by living longer, many baby boomers will pass the ages at which the most “heroic,” and hence expensive, efforts are made to prolong their lives. Once members of that generation survive into their mid-80s or so and beyond, many medical procedures will become too risky for their older bodies and will be avoided in many cases.