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.

Continue Reading for Free

Register and gain access to:

  • 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
NOT FOR REPRINT

© 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.

Consumer Driven Health Care
Core and Group Health
Health Care Reform
Cost-Containment
Employee Participation
Employee-Paid
Employer-Paid