How To Save More On Diabetes Medicines?
By Saksham Bhatia +2 more
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By Saksham Bhatia +2 more
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Over the last few years, Diabetes has been a growing health challenge in India. Currently, 11.4% of the population lives with diabetes, and another 15.3% is in the pre-diabetic stage! It can be safely assumed that diabetes affects people across the economic spectrum.
Managing diabetes can only be possible through a strict regime of medication and monitoring, which is long-term. The cost of diabetes medicines prescribed over a period of time can be taxing on a family’s finances. Therefore, people often ask their doctors how to save on diabetes treatment.
Let us understand if there is a solution.
People with diabetes or prediabetes can live a regular life through a strict routine of diabetes management. If managed well, it can prevent further spikes in blood sugar and other dangerous diabetes-induced health complications such as nerve damage, heart and kidney problems, retinopathy, diabetes foot, etc. However, if diabetes is not managed properly, it can lead to these complications, which can multiply the expenses of diabetes management.
The essentials of any diabetes management plan include:
There are different types of diabetes medicines. Some encourage the pancreas to produce more insulin. Others block those liver enzymes that break down carbohydrates, which slows down the rise of blood sugar after meals. Or you may have to take insulin. Doctors also prescribe medicines for comorbidities of diabetes like high blood pressure, heart disorders, sleep disorders, etc. Overall, diabetes medicines are extremely effective in managing the condition and its related problems.
Keep your diabetes in check.
It is mandatory to avoid these mistakes-
Not following the above points may increase the treatment cost in the future.
Some studies have found that people with diabetes have to spend twice as much as non-diabetic people every month.
So now your question might be, ‘Are diabetes medicines usually expensive?’
To answer this, these medicines are priced differently, and the cost will largely depend on the type of medicine you have been prescribed – whether it is a generic medicine or a branded one.
Yes! It is possible to save on diabetes management with generic alternates.
But what are generic alternates, and how safe are they?
Generic alternates have the same active ingredients present in the same strength as non-generic medicines aka, branded medicines.
Generally, when a new medicine is launched, its manufacturing is protected under a patent. However, once the patent expires, other pharma companies can sell its generic form using the same formulation. Since these medicines have already passed clinical trials and approvals, the expense of performing the clinical trials is saved, thus making generic alternates available at a much lower price.
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In order to make the medication and treatment more effective, make sure to
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Living with Diabetes can be challenging, and the financial burden of medications can add to the stress. With a disciplined approach to a multi-faceted diabetes management plan, you can live a healthy life and can actually reduce long-term diabetes costs.
Switching to generic medicines is indeed a practical approach to reduce costs while still maintaining the necessary treatment. Talk to your doctor about the generic medicines that you may opt for in your diabetes treatment plan. This may significantly lower your monthly expenses on diabetes management.
Disclaimer: The information included on this site is for educational purposes only and is not intended to be a substitute for medical treatment by a healthcare professional. Because of unique individual needs, the reader should consult their physician to determine the appropriateness of the information for the reader’s situation.
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