Diabetes device sales in hands of insurance companies

According to recent reports, more and more insurance companies may agree to pay for continuous glucose monitors in the next few years. In many cases, continuous monitors have been shown to improve diabetes care, and demand for this type of diabetic device is growing.
A variety of manufacturers make continuous monitors, including Dexcom Inc. and Abbott Laboratories. In American, lack of widespread insurance coverage has limited the appeal of these products, and most diabetics continue to use traditional testing methods.
Aaron Kowalskin, the research director of the Juvenile Diabetes Research Foundatio, reportedly commented: “There’s an aching need for these technologies. It’s incredible, the demand. But there are obstacles to people getting this technology.”
Last month, major US health insurance company Aetna Inc. agreed to provide cover for this type of device for diabetics under certain circumstances.