Walmart Seeks to Lower the Cost of Diabetes Treatment
Walmart is announcing its exclusive ReliOn brand of diabetes products intented to save U.S. diabetes patients up to $60 million annually. The program features the ReliOn Prime meter for $16.24 and ReliOn Prime blood sugar test strips at $9 for 50-ct strips, or 18 cents per test. Walmart also offers ReliOn insulin products for $24.88 per bottle.
"Many people with diabetes struggle to manage their disease due to its terrible financial burden," said John Agwunobi, M.D., president of Walmart U.S. Health and Wellness, in a press release. "We've worked closely with our suppliers and found a way to significantly reduce the cost of diabetes products for all of our customers, whether they have insurance or not, so they can better manage their disease."
According to the announcement, the American Diabetes Association recommends that people who take insulin to treat their diabetes should test their blood glucose levels a minimum of three times per day to appropriately manage the disease, and many people on oral medications also test their blood glucose, which can result in expensive out-of-pocket costs. People with diabetes spend as much as $1,000 each year on blood glucose monitoring test strips alone, regardless of whether they have insurance. Switching to ReliOn Prime test strips can save each diabetes patient as much as $784 a year. (Prices on ReliOn Prime meter and blood sugar test strips may vary in Alaska, Hawaii, and Puerto Rico.)
The Walmart Foundation has donated more than $2 million to diabetes-focused organizations across the U.S. over the last fiscal year, including the American Diabetes Association, Diabetes Today Advisory Council, Juvenile Diabetes Research Foundation and Southeastern Diabetes Education Services.
For more information on Walmart's affordable healthcare solutions, please visit http://www.walmartstores.com/HealthWellnelness/.