This article originally posted 25 March, 2009 and appeared in Issue 461
Diabetes Cost Calculator for Employers
Calculates Savings to Employers for Better Diabetes Management. AHRQ has a new tool that is designed to help employers better estimate how to save money while still paying health care costs for employees who have diabetes.
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Diabetes Cost Calculator for Employers
The Agency for Healthcare Research and Quality (AHRQ) has created an evidence-based tool that employers can use to estimate how much diabetes costs them and the potential savings that would result from better management of diabetes.
The calculator was developed at the request of members of the Mid-Atlantic Business Group on Health and in partnership with the National Business Coalition on Health (NBCH).
Based on an employer's industry, location and firm size, the calculator estimates:
Number of people with diabetes
Annual diabetes-related medical costs
Annual diabetes-related productivity costs
Potential savings associated with better management of diabetes
Cost savings estimates are based on evidence that better management of diabetes (e.g., improved blood glucose control) is linked to lower health care costs. The calculator draws on the best available evidence from peer-reviewed medical journals and trusted data sources such as the National Health and Nutrition Examination Survey, National Health Interview Survey, U.S. Census Bureau, U.S. Bureau of Labor Statistics, and AHRQ Medical Expenditure Panel Survey.
The calculator is:
Evidence based. It combines findings from literature, analysis by The Lewin Group, and expert opinion.
Easy to use. It requires minimal information from the user.
Individualized. For most user inputs, the calculator provides default data based on state, industry, and firm size.
Adaptable. Users can choose to model projected savings based on several interventional scenarios.
Scalable. Users can adjust potential savings based on the percentage of covered lives likely to receive an intervention or achieve a target.
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