Consider Bypassing Your Health Insurance to Afford Certain Type 1 Diabetes-Related Medicines and Supplies

Since it ' s January (a new year), and about half of all Americans with employer-sponsored healthcare insurance plans have some deductibles to satisfy before their healthcare insurance really kicks-in to cover much of anything and deductibles reset on January 1, I thought perhaps this might be a good time to write about my own experience with high-deductible insurance plans and some intelligent work-arounds which I ' ve discovered to deal with those. Who knows? You might (as I did) find you actually like using a particular brand or variety of insulin which is not " preferred " by your insurance ' s PBM, or maybe you find a competing CGM brand has some features you like better.Read on for more!It may seem counterintuitive (after all, health insurance issupposed to help pay for our medical care), but the data is clear: it is frequently wiser for many patients to bypass their own insurance to purchase medicines and medical devices used in the treatment of autoimmune Type 1 diabetes (especially true if you have deductibles to satisfy before your pharmacy benefits become effective; disregard the myth [and it IS a myth] that paying artificially-inflated prescription prices contributes meaningfully toward satisfying deductibles, because your insurance is only applying their deeply-discounted PBM- " negotiated " prescription prices towards your deductible, not the much higher price you ' ll actually pay at the pharmacy checkout counter). This post provides notes on insulin,...
Source: Scott's Web Log - Category: Endocrinology Tags: type 1 diabetes 2024 bypass insurance manufacturer coupons PBM ' PBMs unbranded insulin Source Type: blogs