A new study from research from GoodRx finds that the average out-of-pocket cost for diabetes medications has increased by nearly 130% since 2018. Those taking the newest, most modern medications are feeling the increase the most.
Patients are now expected to pay over $30 to fill their diabetes prescription out of pocket, which is up from $13 in 2018. While there are some generic diabetes medications available on the market, they aren't accessible to everyone.
People with Type 2 diabetes may need to take many medications to manage their condition. This can include insulin, in addition to other medications like a SGLT2 inhibitor or a GLP-1 agonist. This combination greatly contributes to the out-of-pocket cost that patients must pay on a consistent basis.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.