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Petition for CGMs on the NHS
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<blockquote data-quote="TorqPenderloin" data-source="post: 1051173" data-attributes="member: 211504"><p>Someone needs to do a cost-benefit analysis to include with this petition. I hate to say it, but (saving) money is what will win approval on this. I agree that more people DESERVE to be on a CGM, but I think petitions like this one are going about it ineffectively.</p><p></p><p>Looking at the retail costs of my Dexcom G5 (I realize the G4 system is much cheaper but I can share actual costs in this case):</p><p>Receiver-$823</p><p>Transmitter-$720 ($2880/annual)</p><p>4-pack Sensors-$514 ($6168/annual)</p><p>Total- $9871/annual</p><p></p><p>HOWEVER, my private health insurance had a negotiated rate of:</p><p>Receiver: $461</p><p>Transmitter: $799.50/annual</p><p>Sensors: $3444/annual</p><p>Total:$4704.50/annual</p><p></p><p>In comparison, my Accu-Chek Aviva Test Strips retail for $175/100-pack.</p><p></p><p>If the need to finger test is reduced by:</p><p>2 strips per day-$1277.50 </p><p>4 strips per day-$2555</p><p>6 strips per day-$3832.59</p><p>7.5 strips per day- $4790.63 (essentially the break even point)</p><p></p><p>Realistically, the need to finger test is reduced by about 4 strips which accounts for about 50% of the CGM cost. You could also analyze the cost savings of reducing doctors' billable hours, cost of emergency hospitalization, etc.</p><p></p><p>The alternative is to somehow request full funding of the sensors (which account for most of the cost). That could effectively make the G5 system less than $1000usd to operate per year. Still not cheap, but 1/10th the full retail cost.</p><p></p><p>Side note: even with excellent insurance, I still pay about $850usd out of pocket for my system each year.</p></blockquote><p></p>
[QUOTE="TorqPenderloin, post: 1051173, member: 211504"] Someone needs to do a cost-benefit analysis to include with this petition. I hate to say it, but (saving) money is what will win approval on this. I agree that more people DESERVE to be on a CGM, but I think petitions like this one are going about it ineffectively. Looking at the retail costs of my Dexcom G5 (I realize the G4 system is much cheaper but I can share actual costs in this case): Receiver-$823 Transmitter-$720 ($2880/annual) 4-pack Sensors-$514 ($6168/annual) Total- $9871/annual HOWEVER, my private health insurance had a negotiated rate of: Receiver: $461 Transmitter: $799.50/annual Sensors: $3444/annual Total:$4704.50/annual In comparison, my Accu-Chek Aviva Test Strips retail for $175/100-pack. If the need to finger test is reduced by: 2 strips per day-$1277.50 4 strips per day-$2555 6 strips per day-$3832.59 7.5 strips per day- $4790.63 (essentially the break even point) Realistically, the need to finger test is reduced by about 4 strips which accounts for about 50% of the CGM cost. You could also analyze the cost savings of reducing doctors' billable hours, cost of emergency hospitalization, etc. The alternative is to somehow request full funding of the sensors (which account for most of the cost). That could effectively make the G5 system less than $1000usd to operate per year. Still not cheap, but 1/10th the full retail cost. Side note: even with excellent insurance, I still pay about $850usd out of pocket for my system each year. [/QUOTE]
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