The Cost of Diabetes
According to a GoodRx analysis, for the average cost of insulin for a patient who has insurance can exceed $4,800 per year. These out-of-pocket costs vary from patient to patient, as costs depend on insurance status, severity of the disease, and even the presence of other chronic diseases. Diabetes patients who don’t have insurance can spend an additional $1,300 in annual expenses just to control their diabetes.
On top of that, living with the chronic complications of diabetes can cost another $650 each year, on average. And if a patient’s diabetes becomes uncontrolled to the point that they need to visit the ER, be admitted to a hospital, or use home health services, total costs can increase even more, to about $940 in additional annual expenses ©Good Rx website: The True Cost of Diabetes