NEW Underwriting Case Study on Diabetes

We will be releasing new underwriting resources throughout the year. This month, we’re starting with the first of a series of underwriting case studies: The Impact of Diabetes, where we take a closer look at some of the factors influencing our underwriting approach. 

Statistics on Diabetes
Take a look at these staggering statistics* that have a dramatic impact on mortality and morbidity results for insurers:  

• From 2001 to 2020, diabetes prevalence significantly increased among US adults 18 or older.
• 37.3 million people have diabetes—that’s 11.3% of the US population.
• 8.5 million people who have diabetes have not been diagnosed and do not know they have it. 

 *By the Numbers: Diabetes in America | Diabetes | CDC. 

With improved screening, risk modifications, and treatments, Diabetics are living longer, healthier lives and are usually insurable. Underwriting Diabetes focuses on several factors: age of onset, control, complications, and other co⁠‑morbidities. Many ⁠well⁠‑controlled diabetics can qualify for Standard rates. Those with ⁠pre⁠‑diabetes, or mildly elevated Glycohemoglobin A1c may be able to qualify for Preferred.