Comments on: If You Have to Ask the Price … (part 2) http://jeffmatherphotography.com/dispatches/2010/01/if-you-have-to-ask-the-price-part-2/ The 9 to 5 Life of an International Playboy Wed, 28 Jul 2010 15:05:50 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Jeff Mather http://jeffmatherphotography.com/dispatches/2010/01/if-you-have-to-ask-the-price-part-2/comment-page-1/#comment-23009 Jeff Mather Tue, 16 Feb 2010 23:14:41 +0000 http://jeffmatherphotography.com/dispatches/2010/01/if-you-have-to-ask-the-price-part-2/#comment-23009 That's right, Lisa. All told, my prescriptions, durable medical supplies, office visits, and labs would have cost $13,065 if we'd had to pay out of pocket. (I have no idea how much it actually cost the insurance company, since I don't know how much BCBS paid CVS for my prescriptions.) When you include our insurance premiums and copays, it's $3,566. Since more than 90% of my expenses are related to type 1 diabetes, imagine how much we could save as a nation if we had a cure. I can't find the back-of-the-envelope calculation I did once; but if I remember right, an investment of $1 billion per year by the government could have a 100:1 return-on-investment (ROI) once a cure was available. That’s right, Lisa. All told, my prescriptions, durable medical supplies, office visits, and labs would have cost $13,065 if we’d had to pay out of pocket. (I have no idea how much it actually cost the insurance company, since I don’t know how much BCBS paid CVS for my prescriptions.) When you include our insurance premiums and copays, it’s $3,566.

Since more than 90% of my expenses are related to type 1 diabetes, imagine how much we could save as a nation if we had a cure. I can’t find the back-of-the-envelope calculation I did once; but if I remember right, an investment of $1 billion per year by the government could have a 100:1 return-on-investment (ROI) once a cure was available.

]]> By: Lisa http://jeffmatherphotography.com/dispatches/2010/01/if-you-have-to-ask-the-price-part-2/comment-page-1/#comment-22440 Lisa Fri, 29 Jan 2010 17:18:26 +0000 http://jeffmatherphotography.com/dispatches/2010/01/if-you-have-to-ask-the-price-part-2/#comment-22440 And this doesn't cover your prescriptions (which I know were covered in an earlier post), yes? And this doesn’t cover your prescriptions (which I know were covered in an earlier post), yes?

]]> By: Bernard Farrell http://jeffmatherphotography.com/dispatches/2010/01/if-you-have-to-ask-the-price-part-2/comment-page-1/#comment-22430 Bernard Farrell Fri, 29 Jan 2010 13:14:06 +0000 http://jeffmatherphotography.com/dispatches/2010/01/if-you-have-to-ask-the-price-part-2/#comment-22430 It's interesting that Khurt Williams and I have both done similar estimates for the annual cost of our diabetes care. In my case it came to over $5,000 <i>with</i> insurance coverage. Pretty scary. It’s interesting that Khurt Williams and I have both done similar estimates for the annual cost of our diabetes care. In my case it came to over $5,000 with insurance coverage. Pretty scary.

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