Estimating the long-term costs of diabetic kidney disease: an economic approach
Mark Knezevic
Applied Economics Letters, 2009, vol. 16, issue 10, 1059-1064
Abstract:
Healthcare spending in Australia has increased rapidly in recent decades, partly due to the prevalence of lifestyle related illness, as physical inactivity and ageing have become common. Diabetes is a chronic and costly illness resulting from poor lifestyle choice and ageing. In this study, we estimate the long-run cumulative costs of a complication of diabetes, diabetic kidney disease, using well-known techniques from health economics. We find that spending on treatment for diabetic kidney disease will amount to $9.2 billion over the next 30 years. Most of the cost from this complication comes from the clinical stage of diabetic kidney disease.
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:16:y:2009:i:10:p:1059-1064
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DOI: 10.1080/13504850701335301
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