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The monthly cost of the basic Life Alert system is $29.95. Additional options for CO, smoke and fire monitoring can bump the cost per month up to $49.95. Besides this monthly cost, users also need to pay for a price of $95 to $115 for installation to get started.
This has cost implications as the biologics can cost $15,000 to $25,000 per year versus about $6,600 for Otrexup. If Otrexup can avoid the use of a biologic, a health care plan can save $10,000 to $20,000 per year.