From Health Affairs Today <[email protected]>
Subject Catastrophic Spending On Insulin In The US
Date July 26, 2022 8:01 PM
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Podcast: Rozalina McCoy on modernizing diabetes care quality measures
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Tuesday, July 26, 2022 | The Latest Research, Commentary, And News From
Health Affairs

Dear John,

The August issue of Health Affairs will cover spending, payment and
more. Pre-order your copy

of the issue today to save $10.

Catastrophic Spending On Insulin

The July issue of of Health Affairs is devoted to discussing how to
prevent and improve care and outcomes for Type 2 diabetes
.

In the July issue, Baylee Bakkila and coauthors examine out-of-pocket
spending on insulin

and the risk factors that may contribute to catastrophic spending, which
is defined as using more than 40 percent of "postsubsistence family
income on insulin alone."

From 2007 to 2018, some insulin products have seen a price increase of
over 200 percent. This dramatic trend suggests that without major policy
reform, the financial burdens of purchasing insulin will continue to
increase.

Bakkila and coauthors find that in 2017 and 2018, "14.1 percent [of
insulin users] reached catastrophic spending over the course of one
year" and that almost two-thirds of those who experienced catastrophic
spending were Medicare beneficiaries.

On the other hand, Medicaid beneficiaries were 61 percent less likely to
experience catastrophic spending. From this, the authors believe that
various factors, such as different types of insurance coverage, can
impact catastrophic spending on insulin.

Bakkila and coauthors recommend that policy makers consider capping
monthly out-of-pocket spending on insulin in a manner that is accessible
for Medicaid beneficiaries. Additionally, they suggest putting policies
in place that directly regulate the price of insulin.

Want to read more? Explore our peer-reviewed journal and unlock the
Health Affairs archive dating back to 1981 by becoming a Health Affairs
subscriber
.

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Victoria Schoebel and coauthors discuss how the inclusion of mental
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(MHCs) and marriage and family therapists (MFTs) as Medicare-eligible
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Rozalina McCoy on Modernizing Diabetes Care Quality Measures

Rozalina McCoy from Mayo Clinic joins Health Affairs Editor-in-Chief
Alan Weil to discuss what the US is getting from measuring the quality
of diabetes care.

Listen Here

Daily Digest

Catastrophic Spending On Insulin In The United States, 2017-18

Baylee F. Bakkila et al.

To Reach Older Adults With Opioid Use Disorder, Expand Access To
Methadone In Skilled Nursing Facilities

Molly McGrath

Medicare Should Cover Marriage And Family Therapists, Mental Health
Counselors

Victoria Schoebel et al.

Rozalina McCoy on Modernizing Diabetes Care Quality Measures

Alan Weil and Rozalina McCoy

 

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