A person with type 2 diabetes may spend an average of nearly $85,500 to treat the disease and its complications over his or her lifetime, reports a new study in the American Journal of Preventive Medicine. The earlier diabetes is diagnosed, the greater the lifetime costs, with costs for women slightly higher than for men. Anything that can prevent or delay the onset of type 2 diabetes could lead to a sizeable reduction in healthcare costs in the future, say the researchers. Read the full story
T1 or T2, it is all expensive. I order pump and CGM supplies quarterly at $1500 each, so $6000 per year. Insulin is $50 a bottle and I use 18 per year, so another $900. I test 7-10 times per day at $50 for 50, so 73 per year or $3650. Grand total is $10,550 PER YEAR. I have been on my pump for over 10 years, so $105,500. PLUS I have been T1 for over 50 years, so it goes on.
When I had my son in 1977, it cost over $300K.
Diabetes makes a lot of money for the drug conglomerates, for sure.