.svg){kind=small}
The Rising Tide of Diabetes Costs: How Patient Assistance Programs Can Help
Learn how to deal with the rising costs of diabetes medications
The Rising Tide of Diabetes Costs: How Patient Assistance Programs Can Help
A recent study reveals a startling truth: managing diabetes comes with a hefty price tag, placing a significant financial strain on patients and healthcare systems. On average, individuals with diabetes can expect to pay thousands of dollars more in medical expenses annually compared to those without the condition. Both total costs and out-of-pocket expenses are projected to rise further in the coming year, too. Experts warn high out-of-pocket costs can lead to decreased medication adherence, jeopardizing long-term health and potentially increasing healthcare costs in the long run.
Additionally, these financial burdens can lead to financial toxicity, which refers to the strain of medical bills patients and their families experience alongside the physical stress of a diagnosis. Financial toxicity can be a significant barrier to effective diabetes management. Fortunately, patient assistance
- Copay assistance: Reduces out-of-pocket costs for medications.
- Free drug programs: Provides access to vital medications for free.
- Financial assistance for supplies: Helps cover the cost of testing strips, pumps and other essential equipment.
“It is such a relief to not have to worry about this.”
Atlas matched a patient being treated for diabetes and successfully found an assistance program for his medication through Lilly Cares. The patient also needed Jardiance but was denied due to income restrictions. Our patient advocate reached out to a clinic that could switch his medication to Farxiga, which was approved for the AstraZeneca & Me free drug program, and helped the patient get the medication he needed.
A Brighter Future
The rising expenses associated with diabetes and the risk of financial burden present difficulties, but our patient's testimony serves as a reminder that there is always hope. By establishing devoted patient advocacy and support programs, we can pave the way for a more promising future for individuals living with diabetes.
To learn more about diabetes, visit the Centers for Disease Control and Prevention.
