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Related News:Health Care · Economy · Asia · China China's Annual $26 Billion Diabetes Bill to Skyrocket, Researchers Report
By Jason Gale - Nov 13, 2010 8:00 PM PT Tweet (21)LinkedIn Share
Business Exchange Buzz up! Digg Print Email China’s diabetes-related medical costs, estimated at 173.4 billion yuan ($26 billion) annually, will skyrocket in 10 to 20 years as 100 million sufferers seek treatment and care for related ailments such as kidney failure, stroke and blindness, health officials said.
Diabetes accounts for about 13 percent of medical expenditures in China, the International Diabetes Federation said in a statement distributed before a media briefing in Beijing today to mark World Diabetes Day. The finding is based on preliminary data from a nationwide survey completed in August.
China’s diabetics report three to four times more hospitalizations, out-patient and emergency-room visits than people without the condition, scientists from the Brussels-based federation and the Chinese Diabetes Society said. Their research follows a March study that showed China has 92.4 million people with diabetes, more than twice as many as previously estimated, and the most in the world.
“Diabetes prevalence is skyrocketing in China and people are getting diabetes at a younger age,” the federation said. “China has a window of real opportunity to prevent an epidemic of serious diabetes complications, which will increase spending dramatically.”
China will have lost $558 billion of national income to diabetes and heart disease between 2005 and 2015, the World Health Organization and World Economic Forum said in a 2008 report. Smoking, dietary changes and sedentary lifestyles are stoking a surge in heart disease and stroke in China that will kill an additional 7.7 million people over the next two decades, researchers at New York’s Columbia University said in May.
Stroke, Blindness
Medical costs related to diabetes will “increase rapidly” over the next two decades as about 50 million undiagnosed Chinese seek care, and as they and 50 million Chinese whose illness has been identified start developing preventable complications such as stroke, blindness and kidney disease, the federation said today.
Health expenditures for people in China who’ve had diabetes for at least a decade are more than fivefold those for patients who have had the condition for one to two years, it said.
Fewer than 5 percent of Chinese people with diabetes have experienced stroke, heart attack and heart failure, and fewer than 5 percent report kidney disease, eye surgery, or problems with their feet or legs, according to the survey results. About 5,000 people were interviewed between January 2008 and August 2010 in 12 sites for the nationally representative study. The early results are based on 1,920 responses from five sites.
While half the people interviewed use blood glucose- lowering drugs, only 1 percent use medicines for cholesterol and 13 percent take aspirin to prevent stroke.
“These unused drugs are inexpensive and highly effective and can together lower the risk of complications by 50 percent or more,” the federation said.
To contact the reporter on this story: Jason Gale in Singapore at j.gale@bloomberg.net
To contact the editor responsible for this story: Paul Tighe at ptighe@bloomberg.net
Tweet (21)LinkedIn Share
Business Exchange Buzz up! Digg Print Email Related Videos‹ Prev1 of 2Next › Play VideoCisco's Chambers Interview on Busine… Play VideoHayes Expects 3-5% Stock `Correction' in… Play VideoJPMorgan's Kelly Discusses Ireland's D… Play VideoBloomberg Game Changers: Mark Zucke…
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Related News:Health Care · Economy · Asia · China China's Annual $26 Billion Diabetes Bill to Skyrocket, Researchers Report
By Jason Gale - Nov 13, 2010 8:00 PM PT Tweet (21)LinkedIn Share
Business Exchange Buzz up! Digg Print Email China’s diabetes-related medical costs, estimated at 173.4 billion yuan ($26 billion) annually, will skyrocket in 10 to 20 years as 100 million sufferers seek treatment and care for related ailments such as kidney failure, stroke and blindness, health officials said.
Diabetes accounts for about 13 percent of medical expenditures in China, the International Diabetes Federation said in a statement distributed before a media briefing in Beijing today to mark World Diabetes Day. The finding is based on preliminary data from a nationwide survey completed in August.
China’s diabetics report three to four times more hospitalizations, out-patient and emergency-room visits than people without the condition, scientists from the Brussels-based federation and the Chinese Diabetes Society said. Their research follows a March study that showed China has 92.4 million people with diabetes, more than twice as many as previously estimated, and the most in the world.
“Diabetes prevalence is skyrocketing in China and people are getting diabetes at a younger age,” the federation said. “China has a window of real opportunity to prevent an epidemic of serious diabetes complications, which will increase spending dramatically.”
China will have lost $558 billion of national income to diabetes and heart disease between 2005 and 2015, the World Health Organization and World Economic Forum said in a 2008 report. Smoking, dietary changes and sedentary lifestyles are stoking a surge in heart disease and stroke in China that will kill an additional 7.7 million people over the next two decades, researchers at New York’s Columbia University said in May.
Stroke, Blindness
Medical costs related to diabetes will “increase rapidly” over the next two decades as about 50 million undiagnosed Chinese seek care, and as they and 50 million Chinese whose illness has been identified start developing preventable complications such as stroke, blindness and kidney disease, the federation said today.
Health expenditures for people in China who’ve had diabetes for at least a decade are more than fivefold those for patients who have had the condition for one to two years, it said.
Fewer than 5 percent of Chinese people with diabetes have experienced stroke, heart attack and heart failure, and fewer than 5 percent report kidney disease, eye surgery, or problems with their feet or legs, according to the survey results. About 5,000 people were interviewed between January 2008 and August 2010 in 12 sites for the nationally representative study. The early results are based on 1,920 responses from five sites.
While half the people interviewed use blood glucose- lowering drugs, only 1 percent use medicines for cholesterol and 13 percent take aspirin to prevent stroke.
“These unused drugs are inexpensive and highly effective and can together lower the risk of complications by 50 percent or more,” the federation said.
To contact the reporter on this story: Jason Gale in Singapore at j.gale@bloomberg.net
To contact the editor responsible for this story: Paul Tighe at ptighe@bloomberg.net
Tweet (21)LinkedIn Share
Business Exchange Buzz up! Digg Print Email Related Videos‹ Prev1 of 2Next › Play VideoCisco's Chambers Interview on Busine… Play VideoHayes Expects 3-5% Stock `Correction' in… Play VideoJPMorgan's Kelly Discusses Ireland's D… Play VideoBloomberg Game Changers: Mark Zucke…
Related News
Health Care · Economy · Asia · China
Sponsored Links
Bank of America Merrill Lynch Global CommoditiesMore Stories
APEC Leaders Urge `Concrete Vision' on Asia Free Trade, Set No Targets Updated 32 minutes ago Obama Ends Asia Trip Saying U.S. Is `Here to Stay,' Seeks Export Markets Updated 36 minutes ago U.S. Puts `Foot to the Pedal' to Conclude Asia Trade Deal, USTR Kirk Says Updated 49 minutes ago Retail Sales Probably Rose, Production Rebounded as U.S. Recovery Sped Up Updated 2 hours ago More News »
Advertisement
Market Snapshot
U.S. Europe Asia Ticker Price Price Delta
Dow 11192.60 -90.52 (-0.80%)
S&P 500 1199.21 -14.33 (-1.18%)
Nasdaq 2518.21 -37.31 (-1.46%)
Ticker Price Price Delta
STOXX 50 2822.43 -8.79 (-0.31%)
FTSE 100 5796.87 -18.36 (-0.32%)
DAX 6734.61 +11.20 (0.17%)
Ticker Price Price Delta
Nikkei 9724.81 -136.65 (-1.39%)
TOPIX 846.98 -9.39 (-1.10%)
Hang Seng 24222.60 -477.72 (-1.93%)
Stocks on the MoveMost Popular Stories
Ireland Urged to Take Aid by Officials Amid Debt Crisis Khalid Sheikh Mohammed, 9/11 Mastermind, Unlikely to Have Trial, Post Says China Assails Monetary Easing, Citing `Imported Inflation,' Bubble Risks Gary Shilling Sees `Significant' Stock Selloff Within 12 Months More Most Popular Stories »
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