HCCI Report Finds Annual Insulin Costs Doubled from 2012 to 2016

A new report Health Care Cost Institute (HCCI) found that a person with type 1 diabetes incurred annual insulin costs of $5,705, on average, in 2016, whereas the average cost was roughly half that at $2,864 per patient in 2012, writes Reuters. The insulin report analyzed commercial claims data for about 15,000 patients with type 1 diabetes annually who had at least one prescription for an insulin product during the year.

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• Reuters: https://www.reuters.com/article/us-usa-healthcare-diabetes-cost/u-s-insulin-costs-per-patient-nearly-doubled-from-2012-to-2016-study-idUSKCN1PG136
• Health Care Cost Institute: https://www.healthcostinstitute.org/