Employers who offer tools to help manage diabetes can reduce health care expenses as well as help workers improve their quality of life.
The cost of caring for individuals with diabetes is 2.3 times higher than non-diabetics, and more than 20% of total U.S. health care spend is attributed to people with diagnosed diabetes, according to a new report from Willis Towers Watson. Diabetic complications such as heart disease, nerve damage, vision impairment and kidney failure represent large costs to health plan sponsors and productivity loss for employers. More importantly, these complications lead to a significant decline in quality of life for diabetics.
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