Kaiser reports that the cost of diabetes medications in the United States grew to $12.5 billion in 2007 from $6.7 billion in 2001 — an increase of 87 percent. According to a new study:

…the average cost of diabetes medications increased to $76 in 2007 from $56 in 2001. In addition, the study found that more patients received multiple prescriptions for diabetes medications … According to the study, 82% of patients in 1994 received only one diabetes medication, compared with 47% of patients in 2007…

Caleb Alexander, a co-author of the study, said it is unclear whether the increases in treatment and associated costs are actually yielding additional health benefits.

On a more positive note, Kaiser also reports that metformin, a generic diabetes medication that has been around for many years, might reduce heart disease risk. More about this here.

 

3 Responses to Cost of diabetes drugs has nearly doubled

  1. Pharma News this week « Impactiviti blog says:

    [...] of diabetes – we’re paying a lot more over the last few [...]

  2. Clinton Walker III says:

    The rising cost of healthcare is one of the main reasons that preventative health is so important.

  3. Lupe Machol says:

    All forms of diabetes have been treatable since insulin became available in 1921, and type 2 diabetes may be controlled with medications. Insulin and some oral medications can cause hypoglycemia (low blood sugars), which can be dangerous if severe. Both types 1 and 2 are chronic conditions that cannot be cured. Pancreas transplants have been tried with limited success in type 1 DM; gastric bypass surgery has been successful in many with morbid obesity and type 2 DM. Gestational diabetes usually resolves after delivery.”;

    Au revoir

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