Supplies to manage diabetes are costly
Insulin is only one part of treating the disease
Millions of Americans with diabetes have cheered as drugmakers slashed the price of insulin, the lifesaving medication that treats the chronic disease.
But those lower prices, which came amid government pressure to cap insulin costs and more competition from generics and biosimilars, are only one part of the cost of treating the disease, which causes elevated blood sugar that can damage the heart, eyes and kidneys if untreated.
Over-the-counter medical supplies to monitor glucose levels and administer medications can make up the largest portion of a patient’s costs. A 2020 JAMA Internal Medicine report found that children and adults with private health insurance spent more out-of-pocket on diabetes-related supplies than on insulin.
“We’re glad insulin prices are capped, and people are paying more attention, but that only really tells part of the story of people living with diabetes,” said Dr. Karla Robinson, medical editor at GoodRx, a platform that helps people find the lowest prescription prices near them. The cost of supplies “impacts people much more so than ... insulin. It can affect what treatment they even opt for because supplies can be very expensive.”
Of the 37 million Americans who have diabetes, about 8 million use insulin but all must monitor their sugar levels. Add to that another 100 million prediabetic adults who may need test supplies.
There are two types of diabetes:
● Type 1, which is completely insulin-dependent.
● Type 2, which may or may not need insulin because you can take oral medications or make a lifestyle and diet change to control it.
“One thing both have in common is they all need to monitor their sugar in some ways,” Robinson said. “Many people are affected who don’t ever require insulin, so this is a huge issue.”
A person with diabetes who uses insulin typically spends $4,882 a year on treatment if they have insurance. Of that, $3,992 is spent on supplies, according to an analysis by GoodRx, or more than 80% of the annual expense of managing the disease
Supplies can vary depending on what type of diabetes the patient has, but here are some common items:
● Blood glucose meter: A handheld device that uses a tiny drop of blood from a finger and gives glucose results in just a few seconds.
● Continuous glucose monitor: A wearable glucose monitoring device with a sensor that sits under the skin and measures glucose 24 hours a day.
● Insulin pump: An automated insulin delivery device, often used with a CGM, that responds to glucose changes.
● Lancing devices and lancets: Used to prick fingers to check sugar levels.
● Blood glucose test strips: Used in a glucose meter.