Northerner
Admin (Retired)
- Relationship to Diabetes
- Type 1
Israel on Thursday made a rare official appearance at a G8 forum, a group representing the world’s eight largest economies, as the leaders of an Israeli social finance group presented an innovative blueprint for tackling type-2 diabetes to the G8 Taskforce on Social Impact Investment.
The group, Social Finance Israel, developed an outline for preventing the disease using Social Impact Bonds, investment instruments that seek to produce socially favorable outcomes while providing investors a competitive return. In doing so, they hope to attract private funds to a social sphere normally dominated by philanthropic dollars.
http://www.jpost.com/Business/Busin...m-with-blueprint-for-tackling-diabetes-334250
Hmm...the implication is that the costs of diabetes can't also be reduced by giving people already diagnosed similar levels of support. Since the majority of healthcare spending on diabetes appears to be in the treatment of complications, you could save an awful lot of money and improve quality of life for people by giving better advice, education and support at diagnosis. To me, there seems to be little difference in what a pre-diabetic and a newly-diagnosed diabetic needs to help them get good control and lower their risks of developing expensive complications or requiring large amounts of medications.
The group, Social Finance Israel, developed an outline for preventing the disease using Social Impact Bonds, investment instruments that seek to produce socially favorable outcomes while providing investors a competitive return. In doing so, they hope to attract private funds to a social sphere normally dominated by philanthropic dollars.
http://www.jpost.com/Business/Busin...m-with-blueprint-for-tackling-diabetes-334250
Hmm...the implication is that the costs of diabetes can't also be reduced by giving people already diagnosed similar levels of support. Since the majority of healthcare spending on diabetes appears to be in the treatment of complications, you could save an awful lot of money and improve quality of life for people by giving better advice, education and support at diagnosis. To me, there seems to be little difference in what a pre-diabetic and a newly-diagnosed diabetic needs to help them get good control and lower their risks of developing expensive complications or requiring large amounts of medications.
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