The cost of Diabetes

On November 10, 2010 by Cherise Shockley

November 10, 2010

Week 17

Q1. Diabetes is an expensive disease (with insurance or without insurance) how do you find ways to save money?

Q2.Is cost keeping you from using any tools to manage your diabetes? i.e.- pumps, cgms, oral medication or insulin

Q3. Your thoughts on generic insulin or lack of?

Q4. Do you think the proposed HCR bill will lift the financial burden (some) PWD’s have?  And how? (non-USA residents) How does your healthcare system help you with the cost of diabetes?

Transcript

Diabetes Social Media Advocacy (#dsma) is every Wednesday at 9 PM EST.  If you would like to submit a topic or question go to the “Submit Topic” tab at the top of the screen.

Be Blessed

Cherise Shockley

4 Responses to “The cost of Diabetes”

  • Q1. Diabetes is an expensive disease (with insurance or without insurance) how do you find ways to save money?
    —-Don’t really. Thankfully my insurance pays for a lot of it..and the portion that pay, if I can’t afford it..thankfully my mom usually can! I probably wouldn’t be able to afford my 20% without her…

    Q2.Is cost keeping you from using any tools to manage your diabetes? i.e.- pumps, cgms, oral medication or insulin
    —No, I’ve already tried the pump with my insurance paying 95%. It’s the technology itself that is. Though, if I didn’t have insurance, I wouldn’t even attempt to use any of them, due to cost.

    Q3. Your thoughts on generic insulin or lack of?
    —I would question how well they would work. It may be cheaper, but if it doesn’t work as well…what’s the point?

    Q4. Do you think the proposed HCR bill will lift the financial burden (some) PWD’s have? And how? (non-USA residents) How does your healthcare system help you with the cost of diabetes?
    —If you make 25k or under a year, you can apply for Pharmacare..which will cover 80% up to a certain point(I believe it’s $1k now) and then it will take over 100%. It only covers certain types of strips and insulin though. For the first year or so I was on Lantus, we had to pay out of pocket because it had not been approved by Pharmacare even though it had been on the market for two years.

  • Q1: Honestly, I don’t. I usually depend on my mom’s financial help to pay my portion of the cost after insurance.

    Q2: Since I have such a good insurance plan with my job, it doesn’t. What keeps me actually getting a CGM like I want, is the horrible experience I had just trying to get information on Medtronic’s CGM! haha.

    Q3: I don’t really have an opinion on it, though I wonder if it would be as effective as different choices we have, and I wonder if we really need a generic type. Choice is better IMHO.

    Q4: It depends in Canada..a lot of employers give you extended benefits (like what I have) if you are a full-time employee, but not all. If you make under a certain amount, you can apply for Pharmacare, which pays 80% of your costs up to X dollar amount, then 100% until Jan 1st, for certain prescriptions. The problem with it, is that not every insulin is “approved” so often, you pay out of pocket 100% for say, your short-acting insulin, but then get 80% of your long-acting insulin covered because it’s on the “approved” list.
    All in all though, it’s better than nothing!

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