Living with diabetes can be an expensive endeavor. The cost of regular visits to the doctor, medications, and supplies can add up quickly. Depending on the type of diabetes, the cost per month can range drastically. In this article, we will discuss the general costs associated with diabetes and how to keep the costs down.
Type 1 Diabetes
Type 1 diabetes is an autoimmune disorder in which the body fails to produce insulin. Insulin injections or a pump need to be taken daily to regulate blood sugar levels. The cost of insulin will vary depending on the brand and type of insulin used. A 10 ml vial of insulin can cost anywhere from $100 to $300. Additionally, a person with type 1 diabetes may need to purchase testing strips and lancets, medications, and supplies such as a glucose meter, pump, and syringe. Depending on insurance coverage, the cost of these items can range from $50 to $200 a month.
Type 2 Diabetes
For individuals with type 2 diabetes, the cost per month can vary greatly depending on the level of treatment needed. Some individuals may need to take oral medications to regulate their blood sugar, while others may need to take insulin. The cost of oral medications can range from $50 to $150 per month. The cost of insulin will vary depending on the type and brand used.
Managing the Cost of Diabetes
The cost of diabetes can add up quickly. Fortunately, there are ways to manage the cost. Here are some tips to help you manage the cost of diabetes:
1. Check Your Insurance
Check with your insurance provider to see what is covered. Some insurance plans may cover the cost of medications, testing supplies, and other related costs. Many insurance plans also have programs that help to lower the cost of medications, so be sure to check with your provider.
2. Shop Around
Look for the best price for medications and supplies. Compare prices at different pharmacies and online stores to find the best deals. Many online stores offer discounts for medications, so be sure to check these sites as well.
3. Look for Assistance Programs
Many pharmaceutical companies offer assistance programs to help those with limited incomes pay for medications and supplies. Be sure to check with your doctor to see if you qualify for any of these programs.
Living with diabetes can be expensive, but it is possible to manage the costs. Check your insurance coverage, shop around for the best prices, and look for assistance programs to help with the costs. By following these tips, you can keep the cost of diabetes under control.