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Arden's Day Blog

Arden's Day is a type I diabetes care giver blog written by author Scott Benner. Scott has been a stay-at-home dad since 2000, he is the author of the award winning parenting memoir, 'Life Is Short, Laundry Is Eternal'. Arden's Day is an honest and transparent look at life with diabetes - since 2007.

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iHealth to launch smaller glucometer, drop test strip price

Scott Benner

Interesting...

From: http://mobihealthnews.com

iHealth Labs, a San Francisco-based subsidiary of China’s Andon Health, has received FDA clearance for iHealth Align, a new smaller, smartphone-enabled glucometer. iHealth announced the product along with a new pricing strategy for diabetes care, dubbed Simple Savings.
Of course, the real cost to consumers for at-home blood glucose monitoring is in the test strips that must be continuously reordered. Under its Simple Savings program, iHealth will drop the cost of its test strips for both devices to $12.50 for a box of 50 strips ($0.25 a piece), about a quarter of the price of many name brand strips.

“It’s probably more of a known secret in the marketplace that the real margins is within the strips,” Lin said. “We just felt like, we want to pass on all that savings to the end users. It’s got to be simple to understand. You don’t have to go through all these issues for reimbursement. We brought it down to pretty much co-pay.”

Read the entire story here...