People with type 1 diabetes often struggle to find cash for insulin. The cost of insulin can be as much as $600 per month, and many people cannot afford that. There is a solution for those who need cash for insulin: cash programs. These programs help provide cash assistance so that people with diabetes can afford their necessary medication without worrying about the costs.
How do these programs work?
Pharmaceutical companies typically sponsor and are overseen by grants or organizations like JDRF (Juvenile Diabetes Research Foundation). They provide cash in exchange for used syringes and vials of discontinued insulins at pharmacies across the country. They have partnered with participating/pharmacies such as Walgreens, Rite Aid, and CVS. In some cases, individuals can also mail in their insulin supplies for cash reimbursement.
The benefits of these Programs are threefold: they help reduce environmental waste, provide financial assistance to those with diabetes, and increase access to discontinued insulins. These programs have been growing in popularity as the number of people diagnosed with diabetes continues to rise (according to JDRF, there are now 30 million Americans living with Type I or II diabetes).
We hope this information has been helpful to you.