How much does diabetes cost an employer and an employee? According to the American Diabetes Association’s Economic Costs of Diabetes in the U.S. in 2012, the average medical expenditure for people with diagnosed diabetes is about $13,700 per year, with approximately $7,900 due to diabetes. Medical expenditures for people with diabetes are a staggering 2.3 times higher than the expected health costs of people without diabetes.
You can read more about the how to calculate what diabetes costs employers and employees via the Center for Disease Control, Calculate What Diabetes Costs Your Business.
Did you know African Americans and Hispanics are 50% more likely to develop diabetes? Learn more facts about the impact of diabetes on your wallet by downloading the PDF version of The Staggering Costs of Diabetes infographic by the American Diabetes Association.