Skip to Content

New report shows diabetes spending levels off as GLP-1 use, cost controls rise 

New report shows diabetes spending levels off as GLP-1 use, cost controls rise 

SALT LAKE CITY – After decades of increases, diabetes-related health care costs have plateaued, according to a new Trends in Spend report from Nomi Health

To build the report, the company analyzed employer-sponsored claims data from 2021-24 and found that, while overall health care costs continue to climb, diabetes costs have leveled off. 

“For years, diabetes has been one of the biggest and fastest-growing costs for employers,” said Mark Newman, CEO and co-founder of Nomi Health. “Now that those costs are holding steady, it’s the right time to take a closer look at what’s working—and do more of it.”  

Key findings from the report: 

  • Annual spend for diabetics increased just 11% from 2021-2024, while spend for non-diabetics jumped 15%. 
  • Average monthly medical spend for diabetics decreased slightly (0.5%), while non-diabetic medical spend surged 17%. 
  • Prescription growth for diabetics (34%) stayed well below the 57% spike for non-diabetics. 

What’s driving the shift? 

Three major trends: 

  • More people are using new GLP-1 drugs for diabetes and weight loss. 
  • Most PBMs now cap insulin costs at $35 per month. 
  • More employers are using diabetes programs that help people stay out of the hospital. 

Nomi provided a cautionary note about GLP-1s, saying the drugs are costly over time and their health benefits may depend on continued use.  

Comments

To comment on this post, please log in to your account or set up an account now.