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Top 5 Ways to Save on Diabetic Supplies

Yes, managing diabetes is expensive. We detail five ways to cut costs. Laugh your way to the bank while staying healthy.
Top 5 Ways to Save on Diabetic Supplies
Top 5 Ways to Save on Diabetic Supplies

Do you know that people with diabetes spend $9,600 on medical expenses a year? If you have diabetes, everything is definite; you just have to look after it and manage it. Unfortunately, insulin, glucose monitors, test strips, and prescriptions can be so expensive that a person or family can’t afford them.

However, many people spend money rationing vital supplies and skipping unpleasant treatments because of cost problems, which leads to severe health complications. Luckily, there are ways to keep the expense at a level that can be efficiently run without jeopardizing your health. One significant aspect is instant savings on diabetes supplies with no hassles of claiming insurance or restrictions. We present to you the top 5 ways to save on diabetic supplies.

Read Related Article: Why Dental Care Discounts Are a Game-Changer for Families

Why Diabetes Supplies Are So Expensive & How to Reduce Costs?

People themselves have diabetes and, therefore, need supplies to control the condition. Nevertheless, these supplies can be very expensive, and many people struggle to afford the care they need. For instance, the cost of insulin, a drug that can save lives for diabetics, has significantly climbed over time. Just to receive the insulin they require, some folks must pay hundreds of dollars every month.

Although they can cost up to $100 for each box, blood glucose monitors and test strips are also essential since they enable patients to check their blood sugar levels periodically. These expenses can be difficult for those who deal with them. These costs are frequently difficult for family members helping a loved one, parents of children with diabetes, and caregivers of elderly patients.

The High Cost of Diabetes Management

Diabetes care can be quite costly, and quick. The required supplies for daily management include:

  • Insulin: The price of insulin has risen a lot over time. Some people pay as much as $500 a month.
  • Test strips and glucose monitors: These tests can cost up to $100 per box. They are also needed for regular blood sugar monitoring.
  • Continuous glucose monitoring: They can cost over $100 each month and may require a doctor’s prescription.

High out-of-pocket expenses and lack of insurance coverage make the required materials very difficult to pay for.

How Discount Programs Like Beem Healthcare Program Help

  • Free instant discounts on essential diabetes supplies.
  • No complex insurance claims or paperwork.
  • Affordable insulin, test strips, CGM, and other needed supplies.
  • It is a hassle-free way to reduce expenses. It also ensures proper diabetes management.

Read Related Article: Top 5 Dental Care Discounts You Can’t Miss

Proven Strategies to Cut Costs on Diabetes Supplies

Below are some of the proven strategies to cut the costs of diabetes supplies. 

1. Use Discount Programs Like Beem Healthcare Program

  • Get quick access to discount programs such as combined glucose monitors (CGM), test strips, and insulin.
  • Fees you won’t be charged did not wait in line or fill a gap in your coverage.
  • Available to everyone, regardless of insurance status.

2. Buy Diabetes Supplies in Bulk

  • Several suppliers provide discounts for bulk purchasing.
  • At bigger sizes, the per-unit costs come down.
  • It allows users to find low-cost bulk purchasing options.

3. Choose Generic Brands Instead of Name Brands

  • Generic insulin and test strips approved by the FDA are as effective but at much less cost.
  • There are many discount programs, such as the Beem Healthcare Program, that support affordable generic alternatives.

4. Use Manufacturer Savings Programs & Coupons

  • Patient assistance programs are offered by major insulin brands for qualifying individuals.
  • Manufacturer coupons for diabetes medications and diabetes supplies are available instantly on online apps and websites.

5. Switch to Cost-Effective Monitoring Solutions

  • Using such solutions would mean that you would need to use fewer test strips.
  • While some types of insurance include CGMs, the Beem Healthcare Program lowers the out-of-pocket costs.

Beem Healthcare Program vs. Other Savings Options

With a Beem Healthcare Program, you can save on medical bills with their unique method offered through discounts on doctor visits, prescriptions and other medical services. 

Beem Healthcare is very flexible and provides immediate savings when opposed to other savings options. HSAs and Flexible Spending Accounts are tax-free savings options for long-term reinvestments. However, Beem Healthcare does not require a qualifying health plan to gain instant discounts.

Another cost-cutting option is discount prescription cards, such as GoodRx, but are only applicable to medication. It also offers broader savings, such as doctor visits and lab work, through Beem Healthcare. Traditional insurance covers most medical needs but with high premiums and out-of-pocket costs.

How Does Beem Healthcare Program Stand Out?

FeatureTraditional InsurancePharmacy Discount CardsBeem Healthcare Program
Monthly Costs$50–$300Free or small feeNo recurring fees
Savings on SuppliesLimitedSome discountsInstant savings
Coverage RestrictionsHighVariesNo restrictions
Ease of UsePaperwork requiredSometimes complexInstant discounts

Things to Consider When Choosing a Diabetes Savings Program

Such diabetes savings programs are tax-free savings options for long-term savings. They are also paired with a high-deductible health plan. However, Beem Healthcare does not require a qualifying health plan to gain instant discounts.

  • Another cost-cutting option is discount prescription cards, such as GoodRx, but they are only applicable to medication. It also offers broader savings, such as doctor visits and lab work, through Beem Healthcare. 
  • Traditional insurance covers most medical needs but with high premiums and out-of-pocket costs.
  • Ease of use is another important consideration; certain services may be less convenient due to complicated paperwork, lengthy waiting periods, or expensive monthly costs.
  • Verifying the availability of the brand and product is also crucial. Certain programs might not cover expensive drugs or only cover particular brands.
  • Finally, consider client endorsements and reviews to gauge the program’s effectiveness in practical settings. A program with a solid track record of savings and customer satisfaction may help you manage your diabetes more affordably and guarantee regular access to necessary supplies.

Read Related Article: Affordable Solutions for Vision Care: Top Tips for Saving Money

What Discount Programs May Not Cover?

  • Certain programs might not cover all insulin or monitoring devices.
  • The Beem Healthcare Program offers a variety of diabetes products at reduced prices through partnerships with key suppliers.

How Does Beem Healthcare Program Overcome These Limitations?

  • There are no limitations on brand availability; select the materials that suit your needs the best.

Other Ways to Save on Diabetes Supplies

Other common strategies to reduce the cost of diabetes supplies include: 

Government Assistance Programs

  • Medicaid and Medicare: Provide qualified patients with coverage for diabetic supplies.
  • State Programs: A few states offer extra support for managing diabetes.

Non-Profit Diabetes Support Programs

  • The American Diabetes Association and JDRF are organizations that help people suffering from diabetes and provide them with financial support. 
  • If you seek diabetic care, several community centers in the area offer free or reasonably priced care.

Beem Healthcare Program as the Most Convenient Option

  • No eligibility restrictions.
  • Instant savings on diabetes essentials.
  • Nationwide coverage for easy access.

Read Related Article: The Future of Dental Care Discounts: Trends You Need to Know

Conclusion

Thanks to discount programs like the Beem Healthcare Program, you may save money on essential supplies right now without having to deal with insurance claims or tiresome paperwork. By considering all of their options, people can properly manage their diabetes and save money. Take control of your health without going over budget by starting to save now with the Beem Healthcare Program!

FAQs for Top 5 Ways to Save on Diabetic Supplies

What is the most affordable way to buy diabetes supplies?

Using discount programs like the Beem Healthcare Program ensures the best prices without insurance complications.

Can I use diabetes discount programs with insurance?

Yes! Many programs work alongside insurance to help lower out-of-pocket costs.

Do discount programs cover insulin?

Most programs, including the Beem Healthcare Program, offer savings on various insulin brands.

Where can I find free or low-cost diabetes supplies?

Diabetes supplies are available at affordable prices to non-profit community health centers, including manufacturing aid programs.

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Author

Picture of Raman Gujral

Raman Gujral

An achievement-oriented professional, Raman has 10+ years of experience in B2B SaaS and B2C products across Fintech, Telecom, Digital Media, Social Media and Logistics domains. Defining and communicating product vision and strategy, product roadmap development, product positioning, and data analysis, he is also an expert in health insurance and personal loans content.

Editor

This page is purely informational. Beem does not provide financial, legal or accounting advice. This article has been prepared for informational purposes only. It is not intended to provide financial, legal or accounting advice and should not be relied on for the same. Please consult your own financial, legal and accounting advisors before engaging in any transactions.

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