Diabetes Costs in U.S. Estimated at $245 Billion
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The costs of diabetes, including medical care and lost productivity, jumped 21 percent to $245 billion last year from 2007, driven by higher rates of the disease and health conditions that lead to it, researchers said.
The report, released today by the American Diabetes Association, showed that costs for the disease, which afflicts 7 percent of the population, are escalating. In 2007, the association reported that the expenses had increased about 14 percent since 2002, after inflation.