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Individuals most impacted by the rising cost of insulin are the uninsured and the under-insured. These patients are forced to pay the ever-increasing retail sale price (which is increasing due to a variety of factors, including increased wholesale price) or a percentage of this price when buying insulin.
1 According to the Academy of Managed Care Pharmacy, insulin pumps cost between $4,500 and $6,500 for individuals without insurance. 2  The price varies depending upon the features, brand and size of the pump. The Minimed Paradigm 522 is more expensive, retailing at about $5,200, but includes more features, like continuous glucose monitoring. 2  Some insurance plans will cover the cost of the pump. 3  Patients with insurance can expect typical copay and coinsurance rates ranging from $5 to half of the total cost of the pump.