Diabetic Supplies Are Essential For Survival But the Cost is Going Up

Diabetic supplies are an essential requirement forNovember 2000. That's a compound annual
a diabetic patient. The supplies can prove togrowth rate of 9.8 percent. However, the cost of
expensive or cost prohibitive for most patients.living increased 2.5 percent, according to U.S.
Not having access to them can mean theBureau of Labor Statistics data. In real dollars,
difference between life and death.therefore, insulin sales increased 7.3 percent.
Once diagnosed with diabetes you have to takeSimply dividing sales dollars by the number of
decision regarding how to control diabetes andprescriptions written might be misleading, however
take care of yourself. The first priority will becomparing the 26 million prescriptions for the year
insulin. You can use it either manually by usingended November 2000 divided by that year's
injections and syringes or by using the diabeticsales with the 25 million prescriptions written five
pump.years earlier divided by sales then shows an
The majority of cost allowance will go towardsincrease from $32.65 per prescription to $50.01.
insulin and not having insulin can be life threatening,That is a compound annual increase of 8.9
but what does a patient diagnosed with diabetespercent of which 2.5 percent reflects the
do if he or she has no health insurance to pay forincreased cost of living for a real increase of 6.4
the medication? The recent economic indicatorspercent.
only prove that the drug cost is going up.It would be interesting to see what the new
Retail insulin sales in the United States increasedforecast show. In any event the trend still shows
steadily from $816 million in the year endedprogression indicating insulin sales will not plummet
November 1995 to $1.3 billion in the year endedduring this economic slowdown.