Did you know that more than 37.3 million Americans have diabetes? This indicates that at least one metabolic complication of diabetes is affecting their way of life.
If you’re part of this group, why not look into a continuous glucose monitor? If you’re like most people, though, you want to know the price of it before proceeding.
Are you curious about continuous glucose monitor costs? Keep reading to learn more.
Brand and Model of Monitor
Continuous glucose monitors (CGMs) come in a variety of brands, and the price of the device will change based on the brand and model you select. The most popular brands of CGMs are the Dexcom G4 Platinum and the Medtronic Guardian Real-Time system. Both of these brands offer a variety of models to choose from, and the prices for these devices can range from around $1,198 to $6,195.
When choosing the brand and model of the CGM, it is important to consider your needs and budget. If you are only looking for basic glucose monitoring, then a less expensive model may be sufficient. However, if you need more advanced features, such as real-time alerts or data-sharing capabilities, then you may need to invest in a more expensive model.
You already know the CGM cost based on the brand and model of the monitor, but what is a continuous glucose monitor all about? If you want to know what is a CGM, visit a supplier in your area for more information.
Monitoring Sensors
The cost of a Continuous Glucose Monitor (CGM) depends on the number and type of sensors used. Sensors are usually placed on the body in areas where they can measure glucose levels, such as the abdomen or upper arm. CGMs can have one or two sensors, and the use of more sensors has a higher cost.
Some CGMs use a single sensor to measure glucose levels, while others use two sensors. The advantage of using two sensors is that they can provide more accurate readings. However, this also means that the CGM will be more expensive.
When choosing a CGM, it is important to consider the number and type of sensors that you need. More sensors will usually mean a higher cost, but they may also provide more accurate readings. Choose the sensor that best meets your needs and budget.
Transmitters and Receivers
Another factor that affects the cost of a Continuous Glucose Monitor (CGM) is the transmitter and receiver. The transmitter is a small device that attaches to the body and sends data to the receiver. The receiver is a larger device that displays the data from the transmitter.
CGMs typically come with one transmitter and one receiver, but some systems have multiple receivers so that others can view the data. The cost of the transmitter and receiver will vary depending on the brand and features of the CGM system.
Additional Supplies and Accessories
In addition to the cost of the device itself, you’ll also need to factor in the cost of supplies and accessories. Most CGMs will require sensors, which need to be replaced every 3 to 14 days. You’ll also need to purchase a receiver or reader, which is used for glucose level monitoring. Many CGMs also come with a separate transmitter, which sends your readings wirelessly to your receiver or reader.
Other supplies and accessories that you may need include lancets, used for finger sticks, which are required for calibration. The test strips are required for calibration and for checking glucose levels when not wearing the CGM device.
The Control solution is used during calibration to check that the CGM system is working properly. The control solution is usually provided with test strips and does not need to be purchased separately.
Manufacturer Subsidies or Rebates
Continuous glucose monitor (CGM) producers are numerous, and each business has a unique set of discounts or rebates. Some companies offer a free CGM for people with diabetes, while others offer a discount on the purchase price.
Still, others have a program where you can trade in your old CGM for a new one at a reduced cost. Manufacturer subsidies or rebates can be an important factor in the cost of a CGM.
Insurance Coverage
There are a few different types of insurance that could potentially cover the cost of a Continuous Glucose Monitor (CGM). These include private health insurance, Medicare, and Medicaid. Private health insurance coverage varies greatly, so it’s crucial to confirm with your insurer whether CGMs are covered by your plan.
Medicare covers CGMs for people with diabetes who use insulin injections and meet certain other criteria. Medicaid coverage for CGMs varies by state, so again, it’s important to check with your specific provider.
Check with your insurance company to see which brands and models they cover if you’re looking for a CGM that is covered by insurance. Some insurance providers will only cover certain brands and models of CGMs, so it is important to check with your insurer before making your purchase.
Data Plan Options
When selecting a data plan for your Continuous Glucose Monitor (CGM), there are a few factors to take into account. The first is whether you want to use a stand-alone CGM or one that is integrated with a diabetes management system. If you choose the latter, you will need to factor in the cost of the system itself as well as the monthly subscription fee.
Stand-alone CGMs use Bluetooth to sync with a smartphone app, so you will need to have a data plan that includes Bluetooth to use one of these devices. Some CGMs also come with a transmitter that plugs into the phone’s headphone jack, which uses less battery power than Bluetooth and may be a good option if you are concerned about preserving your phone’s battery life.
Use This Continuous Glucose Monitor Cost Guide
Continuous glucose monitoring is an effective way to manage blood sugar. Continuous glucose monitor cost varies depending on brand and model, sensors, transmitters, and receivers.
Also, extra supplies and accessories, subsidies or rebates, insurance coverage, and a data plan. Whether you have type 1 diabetes or type 2, it’s better to ask your doctor for advice about the best device for your needs.
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