Managing Diabetes on a Budget 

Living with diabetes means staying on top of both your health and your expenses.. Between medications, check-ups, and supplies like test strips or insulin, costs can add up quickly. The good news? There are practical ways to save money and resources available to help. 
 
Let’s explore how you can manage diabetes without overspending! 

How Much Does Diabetes Care Cost? 

According to the American Diabetes Association, the cost of living with diabetes can be expensive. On average, a person with diagnosed diabetes in the United States spends about $19,736 each year on medical care; and roughly $12,022 of that is directly related to managing the condition. 

Out-of-pocket costs are also significant. Many people pay between $3,300 and $4,600 annually for medications, doctor visits, supplies, and even lost wages. Medications that help lower blood glucose and diabetes supplies, like test strips, make up about 17% of the direct medical costs. 
These numbers certainly sound intimidating, but there are ways to lower these expenses. 

Cost-Saving Tips: Medications & Supplies 

Here are a few steps you can do right away: 

• Ask about generic alternatives. Generics usually cost far less than brand name medications. Ask your provider or pharmacist if a lower-cost option is available 

• Review your insurance coverage. Make sure your plan covers the medications and supplies you use. If not, ask if there’s a less expensive alternative that will still work for you. 

• Use manufacturer assistance programs. Many pharmaceutical companies offer free or reduced cost medications for those who qualify. 

• Check for state or federal cost caps. Some states have rules to limit how much people with diabetes pay for insulin or supplies. American Diabetes Association+1 

Other Budget-Friendly Habits That Help 

Managing your diabetes effectively can prevent costly complications. Try to incorporate these habits into your daily routine: 

• Plan meals with both your health and budget in mind. Eating healthy doesn’t have to cost more. Meal planning, purchasing in-season produce, and cooking at home can save money and help keep your blood glucose stable while saving money. 

• Stay active – at home or outside. Regular movement helps your body use insulin effectively and can reduce how much medication you need (under doctor guidance). 

• Monitor your sugar consistently. Identifying high or low readings early can avoid emergency care and unnecessary expenses. 

• Don’t skip check-ups. Routine visits can prevent complications that could lead to costly treatments later. 

• Talk to your healthcare team about cost when choosing supplies. Generic or store brand blood glucose meters and test strips work just as well and cost less money. 

• Use community resources. Free clinics, community health centers or nonprofit organizations often offer low-cost diabetes care and supplies. 

Your Health is Worth Every Penny 

Managing your diabetes on a budget is absolutely possible with the right strategies. By understanding typical costs, taking advantage of assistance programs, choosing cost-effective supplies and medicines, and adopting healthy habits, you can protect both your health and your finances. Every dollar saved makes a difference, and every smart choice you make helps you feel better and live stronger. You’ve got this! 

Author: Samantha Poe, Pharm.D. | CCS Health       

This site is for educational purposes only. Talk to your doctor or healthcare provider before making any decisions about your health.