Showing posts with label Diabetes Treatment Financing. Show all posts
Showing posts with label Diabetes Treatment Financing. Show all posts

Suffering from diabetes? Here’s how you can afford the treatment

Diabetes Treatment Financing

Diabetes is a medical condition in which the blood sugar level increases. The condition impairs the body’s ability to process blood glucose (or referred to as blood sugar). 

The fact that in the US, people above the age of 18 with diagnosed and undiagnosed diabetes is 30.2 million may surprise you. That means 27.9 and 32.7 percent of the population is suffering from this medical condition. It should be noted that diabetes can also increase the risk of stroke and heart disease.

Types of diabetes

Type 1, type 2, and gestational diabetes are the major types of diabetes.

Let’s discuss it in detail:

  • Type 1 diabetes: Type 1 diabetes is also referred to as juvenile diabetes. This type of diabetes occurs when the body fails to produce insulin. People who suffer from type 1 diabetes become insulin-dependent and take artificial insulin daily to survive. 

  • Type 2 diabetes: In type 2 diabetes, while the body still produces insulin the cells in the body do not effectively respond to it. According to the National Institute of Diabetes and Digestive and Kidney Diseases, this is the most common type of diabetes that is linked with obesity.

  • Gestational diabetes: This type of diabetes occurs in pregnant women as their bodies become less sensitive to insulin. However, it doesn’t occur in all pregnant women and in most cases, automatically gets cured after the delivery.


Prediabetes

There is another type of condition called prediabetes. Prediabetes means that blood sugar level is high but not that much so as to constitute diabetes. People suffering from prediabetes are at a high risk of type 2 diabetes even though they have not developed the symptoms of diabetes. 

Risk factors of prediabetes and type 2 diabetes:

  • Excess body weight
  • Having a sedentary lifestyle
  • Family history
  • A person with a history of high blood pressure
  • Being over the age of 45
  • History of PCOS (polycystic ovary syndrome)
  • Having gestational diabetes
  • Having HDL cholesterol levels

What figures show?


According to the statistics, in 2018, 34.2 million Americans were suffering from diabetes, which accounts for 10.5 percent of the population. The statistics also show that approximately 1.6 million people have type 1 diabetes, which includes 187,000 children and adolescents. 

To your surprise, in 2017, diabetes was the seventh leading cause of death. The figures were based on the 83,564 death certificates in which diabetes was mentioned as the underlying cause of death.

Cost for diabetes tests and treatments

According to the American Diabetes Association, 

  • In 2017, the total cost of diagnosed diabetes was $327 billion
  • Direct medical costs were $237 billion
  • And $90 billion went to reduced productivity

Depending upon the severity of the problem and the hospital you choose to have your treatment in, your treatment cost could vary. 
Here are the average costs of some of the diabetes procedures:
Testing supplies: Testing supplies are often expensive and are not covered by insurance. Test strips can run from 40 cents to well over $1 piece.
Insulin Pump Setup: $7,000 to $12,000
Pancreas Transplant: $125,000 to $300,000

Get diabetes treatment financing with Denefits


You can get diabetes treatment financing for the procedures & treatments offered by your provider with Denefits. Here are some of the Diabetes tests and treatments that most patients use Denefits for their financing needs.

  • Glycated hemoglobin (A1C) test
  • Fasting plasma glucose (FPG) test
  • Random plasma glucose (RPG) test
  • Insulin Pump Set Up
  • Hyperosmolar hyperglycemic state
  • Pancreas transplant

Financial assistance for diabetes treatment with Denefits is easy and convenient. You can easily pay for it as Denefits offers you to pay over time. Financial assistance for diabetes treatment with Denefits is feasible for everyone as there is no credit check, which means a 100 percent approval rate. You instantly get financed as all it takes is just 3 minutes. 

Talk to your healthcare provider and know if they are enrolled with Denefits. If they are not, talk to us and we’ll help them get the enrollment so that you can easily get financed for your tests and treatments.

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