Retail News Breaks Archives
Kroger serves up $4 co-pay on diabetes test strips
December 14th, 2012
CINCINNATI – Kroger Co. pharmacies have launched a program in which diabetes patients with private health insurance can get a $4 co-payment on Kroger Premium blood glucose test strips.
The food and drug retailer said late Thursday that such savings is key for many diabetes patients, noting that people with diabetes can spend as much as $1,000 annually out of pocket on blood glucose monitoring test strips alone, even with insurance.
Under the Kroger Premium $4 co-pay program, for example, an insured patient who pays a $40 co-pay for 200 strips each month can now get 200 strips at a savings of $36 a month.
"We listen to our customers, and one of their main worries is that their co-pay on blood glucose test strips continues to rise. Our Kroger $4 co-pay program immediately addresses that situation," Kroger pharmacy marketing manager Teri Rose said in a statement. "Our hope is that by providing real savings, our customers can afford other medications, diabetic supplies or even healthy food items."
Kroger noted that its pharmacies provide cash-paying patients (those who don't have private insurance) with a high-accuracy meter and test strips at everyday low prices. Patients can get a Kroger No Code meter for as little as $10, and low-cost test strips are available in 25-count, 50-count and 100-count quantities at a sizable savings versus national-brand strips and several other store brands, the retailer said.
Customers don't have to join a club to receive the savings, Kroger added. And unlike other co-pay buy-down programs offered by many blood glucose strip companies, patients using the Kroger Premium $4 co-pay program don't have to carry or renew any type of membership card, the company said
For diabetes patients, Kroger pharmacies offer counseling services and a broad selection of products to manage their disease state, including savings on a range of items such as glucose tablets, lancets and syringes.
The nation's largest grocery operator, Kroger has 2,422 supermarkets and multidepartment stores — including about 1,950 in-store pharmacies — in 31 states under two dozen banners, including Kroger, City Market, Dillons, Jay C, Food 4 Less, Fred Meyer , Fry's, King Soopers, QFC, Ralphs and Smith's.