The impact of education on economic cost of diabetes

On virtually every measure of economic well-being and career attainment—from personal earnings to job satisfaction to the share employed full time—young college graduates are outperforming their peers with less education. The pay gap was significantly smaller in previous generations. But do these benefits outweigh the financial burden imposed by four or more years of college?

The impact of education on economic cost of diabetes

On current trends, that will rise to almost million by With health budgets already under great pressure and national budgets severely strained, for the sake of our health and the health of our economies we must find ways to prevent and manage diabetes in a cost-effective manner.

In addition, diabetics are prone to depression, making it difficult to follow treatment guidelines. In the coming 10 years, more than two out of three people will be overweight or obese in some OECD countries.

And they are 8 times more likely to develop type 2 diabetes.

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This jumps to 60 times more likely for the severely obese. Prevalence of diabetes inadults years Source: Governments must work with the food and beverage industry, medical practices, schools and community groups to promote healthy life-styles.

The impact of education on economic cost of diabetes

Denmark, Finland, France, Hungary have already passed legislation taxing foods rich in fat and sugar. OECD research shows that chronic diseases such as diabetes can be managed more efficiently through: Programmes to encourage patients to control their conditions — some have shown positive results.

Payment systems and diseases management programmes rewarding good outcomes and continuity of care. These have been introduced with some success in the Netherlands, France, Germany and the United Kingdom.

Placing community care at the centre of health systems to improve quality of diabetes care.

The impact of education on economic cost of diabetes

In Finland, Sweden and Denmark, men are more likely to be admitted than women. Participants are agreeing to the Copenhagen Roadmap, an outcome document offering concrete suggestions for good practice in the management of chronic diseases.The "Better Business, Better World" report shows how pursuing the Global Goals could raise trillions in new market opportunities in ways that extend prosperity to all.

The direct medical costs attributed to diabetes, that is, the costs of medical care for people with diabetes in excess of those that would be expected in the absence of diabetes, were $ billion or approximately 1 of 8 dollars spent on medical care in the U.S.

(3). From our publisher, Steve Freed, comes this thought-provoking discussion of how better diabetes control can impact cost, quality of life and mortality Epidemiological study cohorts have shown a gradual increase in the worldwide incidence of type 2 diabetes mellitus. Current Trends Impact of Diabetes Outpatient Education Program -- Maine.

A social impact bond, also known as pay for success financing, a pay for success bond or a social benefit bond or simply a social bond, is a contract with the public sector in which a commitment is made to pay for improved social outcomes that result in public sector savings. The term was originally coined by Geoff Mulgan, Chief Executive of the . The medical care costs associated with diabetes create a considerable economic burden for patients, families, and society (1,2). Productivity losses from diabetes have been estimated to be almost half ($40 billion) of the medical costs ($92 billion) associated with diabetes in (1). The impact of economic, political and social globalization on overweight and obesity in the 56 low and middle income countries.

Diabetes mellitus is an important cause of morbidity and mortality in the United States, affecting % (almost 6 million people) of the total population and resulting in a direct and indirect outlay of approximately billion dollars/year(1).

The Effects of Education on Health "An additional four years of education lowers five-year mortality by percentage points; it also reduces the risk of heart disease by percentage points, and the risk of diabetes by percentage points.".

In the groundbreaking study "An Unhealthy America: The Economic Impact of Chronic Disease," the Milken Institute details the enormous financial impact of chronic disease on treatment costs and lost worker productivity .

The Cost of Diabetes: American Diabetes Association®