This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Oh Sugar, Sugar! Diabetes And Insurance

'Tis the season for tasty treats, but overindulging could do more than pad your waistline for those at risk for diabetes - and that's a lot of people.

Consider these statistics:
  • About 26 million American adults have diabetes already, according to the Centers for Disease Control and Prevention (CDC).
  • About 79 million adults have pre-diabetes, which means their blood sugar levels are abnormally high and are at risk for developing the disease, says the CDC.
  • More than half the population may get diabetes or pre-diabetes by 2020, according to a UnitedHealth Group analysis.

Heart disease and stroke are the leading causes of death and disability among people with Type 2 diabetes. At least 65 percent of people with diabetes die from some form of heart disease or stroke, according to the American Heart Association.

"The holiday season and winter celebrations bring with them special challenges related to managing busy schedules, holiday stress and temptations of rich food and drink," says Deneen Vojta, a senior vice president at UnitedHealth and chief clinical officer of its Diabetes Prevention and Control Alliance.

Individuals living in colder climates also might find it more challenging to get regular exercise, which could lead to weight gain and a slowdown in metabolism. Both can lead to health problems for those living with diabetes or pre-diabetes, says Vojta.

Health insurance and diabetes

Health-care reform will prevent insurers from denying coverage to anyone with a pre-existing condition, including diabetes. But that doesn't become law until 2014. Insurers currently are able to reject applicants with these conditions or charge much higher premiums for coverage, the American Diabetes Association (ADA) points out in its position paper on health reform. ( See: " Health reform sticks: Now what?")

Until then, the ADA says you can take advantage of Pre-Existing Condition Insurance Plans (PCIP) administered by federal and state governments in every state to help people secure adequate medical protection. Your state may also provide other high-risk insurance plans for people with pre-existing conditions. You can learn more about PCIP and other coverage at the ADA's " health insurance in your state" site.

Life insurance and diabetes

As for life insurance, you may not qualify for an affordable policy if you can't show that your diabetes is being treated and under control. Vojta recommends working with your doctor to manage the illness before applying for a life policy. (See: " Will a health condition kill your life insurance options?")

Type 2 diabetes can be treated by adjustments to diet and exercise, oral medications or insulin therapy, and insurers tend to focus on how well you respond to your treatments over time. To gauge that, insurers typically look at your blood-sugar levels and your hemoglobin A1C count.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.27 -1.60%
GOOG $690.92 -0.01%
FB $116.02 -0.61%
YHOO $36.31 -0.77%
TSLA $241.86 -2.40%


Chart of I:DJI
DOW 17,679.10 -151.66 -0.85%
S&P 500 2,055.48 -20.33 -0.98%
NASDAQ 4,749.5590 -55.7320 -1.16%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs