Abbott Gets Real About " Formulary Exclusions " Bankrolled by Rival Dexcom in the U.S.

My followers may recall that I ' ve written not-so-kind blog posts about how Dexcom paying legally-exempted rebate kickbacks (seehttps://blog.sstrumello.com/2023/06/dexcom-pays-pbms-kickbacks-to-exclude.html for one such blog post) to major Pharmacy Benefit Managers (PBMs) contingent upon " formulary exclusions of less costly rival continuous glucose monitoring (CGM) systems such as Abbott Freestyle Libre. The retail prices for both CGM sensor brands are remarkably close (ranging from $57.33/sensor to $61.28/sensor). However, the cost computation is not based on the cost per sensor, but must be computed on a cost per day of each sensor being worn. Abbott Libre 3 sensors can be worn for 14 days, whereas Dexcom sensors can be worn for only 10 days. (More frequent sensor replacement costs patients more money unless their insurance picks up some portion of the cost; some such as my plan now pick up about 40% of the cost to keep the rebate cash flowing to Caremark). Anyway, using the per sensor CGM costs derived from Costco ' s Member Prescription Programhttps://www.costco.com/cmpp this summer, then I computed a cost per day of wearing CGM sensors (if you are paying cash) which is as follows:Dexcom G6 Sensors $6.13 per day of usageDexcom G7 Sensors $5.73 per day of usageAbbott Freestyle Libre 3 Sensors $4.23 per day of usageNow, as noted, earlier in 2023, my own insurance company (Aetna) PBM Caremark started covering about 40% of the cost of my CGM purchases pre-deductib...
Source: Scott's Web Log - Category: Endocrinology Tags: 2023 Abbott Freestyle Libre 3 coupons Dexcom PBM PBMs Source Type: blogs