Liraglutide: Novel treatment of Type 2 Diabetes Mellitus
Type 2 Diabetes is rapidly becoming the top health concerns in the United States and a major contributor to health care spending and disability. There are an estimated 22.3 million people in the United States diagnosed with diabetes, this represents 7% of our population (American Diabetes Association [ADA], 2013, p. 1038) The American Diabetes Association conducted research in 2012 on the financial impact of diabetes. The authors evaluated 5 years from 2007 through 2012 and discovered the estimated cost of diabetes in 2012 was $245 billion dollars annually as compared to the estimated cost of $174 billion in 2007 (ADA, 2013, p. 1033). These figures are inclusive of care and lost productivity as well as adjusted to inflation. This represents a 41% increase in burden that patients with diabetes and healthcare consumers incur annually (ADA, 2013, p. 1033).
A rise in the amount of expenditures is expected with the increasing prevalence of the disease. The American Diabetes Association estimated that by the year 2050, we expect to see 1 in 3 Americans diagnosed with diabetes. This is a significant increase from the 7% of American currently diagnosed with diabetes (ADA, 2013, p. ...
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