Walmart Launches Money Saving Effort for People with Diabetes
BENTONVILLE, Ark., July 24, 2012 /PRNewswire via COMTEX/ -- Walmart today launched an effort to save diabetes patients in the U.S. up to $60 million annually with Walmart's exclusive ReliOn brand of diabetes products. ReliOn products provide an affordable, high-quality option to help the nearly 26 million individuals who live with diabetes in the U.S. better manage their disease.
In particular, Walmart introduced today the low-cost ReliOn Prime meter and blood sugar test strips. The retailer will offer 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. People with diabetes use meters and blood sugar test strips daily to test their blood sugar levels and determine when they need to take insulin.
Tags: Affordable, Strips, Test
Replies to This Discussion
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Permalink Reply by Brian (bsc) on
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This is really good news. If I bought my strips monthly at the pharmacy, this is approaching my co-pay. And I have a good insurance plan. So for many, it may actually be cheaper to just buy the stripes directly without involving insurance.
Kudos to Walmart for doing this. I was going to hold my breath waiting to see if the medical industry was going to do this on their own, but that would probably not be a good idea.
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Permalink Reply by denise102206 on -
are they already available ? I know they have strips 50 for $20 right now.
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Permalink Reply by BadMoonT2 on -
This demonstrates the kind profit margin those charging $1.00 per strip are making.
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Permalink Reply by BadMoonT2 on
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Here's an article from Diabetes Forecast Magazine that estimates the cost “To manufacture the most advanced test strip is no more than 15 cents per strip.” The same article says "manufacturers reap a 70 to 80 percent profit on strips".
If you feel like a cash cow repeat after me ..... "Moo".
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Permalink Reply by pancreaswanted on -
it is shameful the way they take advantage, badmoont2. they must be rollin in it!!
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Permalink Reply by Lorraine on -
They are currently listed for sale on their site.
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Permalink Reply by Brian (bsc) on
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It is also listed on the Relion site.
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Permalink Reply by MyBustedPancreas on -
This is awesome news!! My insurance limits me to 8 strips per day, but I test as much as 14 times per day (which means I have to buy the rest out-of-pocket). Having a cheaper alternative is excellent. I will definitely be getting some of these.
Note too that Walmart offers R and NPH insulins for just $25/vial. While most of us don't use NPH and R, it's good to know that, in a pinch, I can walk into any Walmart and, for $50, get what I need to at least stay alive. In most places, you can get R and NPH without a prescription.
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Permalink Reply by Sam on -
$25 per vial!? I inquired about regular and NPH at the walmart nearest here and they told me $78 per 10ml vial... but then again this is Alaska and prices of virtually everything are much higher here...
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Permalink Reply by Betty J on
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Sounds good to me. I carry an xtra meter in my purse for when I go out and have to pay for thos strips since the macine is different from the strips I get from the insurance. Walmart proves machines and strips can be cheaper.
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