Diabetes treatment costs… bad news and good news
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As reported by Reuters, the cost of treating diabetes may increase by as much as 68% through 2009…
In their Drug Trend Report, Medco Health Solutions, Inc, reports the number of diabetes prescriptions trails only cholesterol prescriptions. Diabetes scripts are predicted to take first place in year over year growth.
Spending on diabetes drugs is rising 10-20% annually with a number of new drugs soon to come onto market. And of course diabetes is rising in epidemic numbers…
More diabetics + more drugs = many more bucks for big pharma.
Oh yea, I did promise good news…
Medco Chief Medical Officer Robert Epstein:
“While prevention of type 2 diabetes needs to be a national priority, drug treatments can help prevent the onset of complications from diabetes that lead to hospitalizations, more complex treatment and dramatically higher costs.”
You see, it could cost even more.
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Tags: disease, Pharmaceuticals