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February 2, 2018 Newswires
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Americans with Diabetes More Concerned About Their Financial Future Than Those Without

Health & Medicine Week

By a News Reporter-Staff News Editor at Health & Medicine Week -- With medical costs for people with diabetes two times higher than for people without diabetes, it's not surprising that in a recent survey of 500 U.S. adults, ages 26-64, with diabetes and 500 U.S. adults, ages 26-64, without diabetes, more than half with diabetes report the cost associated with their condition has negatively impacted their finances.1 On top of that, many find themselves draining their savings and looking for other means of financial support - including routes that may set them back further. With financial management often top of mind at the beginning of the new year due to healthcare plan changes, Roche Diabetes Care Inc. is collaborating with Alexa von Tobel, Founder and CEO of LearnVest.com, a company redefining America's approach to personal finance, to help give people living with diabetes the ability to focus on their health, not the costs (see also Roche Diabetes Care).

In the survey nearly half of adults with diabetes indicated they have gone to extreme lengths to cover the cost of their diabetes management, most commonly: accruing credit card debt (22%), borrowing money from family or friends (21%) and taking money out of a savings or retirement account (19%).1 By providing tangible solutions, von Tobel is sharing advice and tips on budgeting, specifically for adults living with diabetes, in a new video on Accu-Chek.com. In addition to dedicating a credit or debit card to diabetes-related expenses and creating a structured budget, the Accu-Chek® Guide SimplePay program2 may help to lessen financial stress related to diabetes by guaranteeing a low price for test strips every day. With von Tobel's vast financial knowledge, Roche Diabetes Care and von Tobel share a common goal in keeping it simple when it comes to diabetes management and finances.

Keywords for this news article include: Business, Health and Medicine, Roche Diabetes Care, Healthcare Companies, Investment and Finance.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2018, NewsRx LLC

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