Diabetes Annual Budgeting

It can be overwhelming to think about diabetes costs for the year. The good news, is that if you can plan ahead you might actually end up saving some money (and your own sanity).

USE THE DIABETES ANNUAL BUDGET SPREADSHEET TO 

Here's How it Works:

Make a copy of this spreadsheet by going to file > make a copy, or file > download. Use your insurance plan, formulary, pharmacy pricing tools, previous budgets, and incredible internet skills to get an estimate for the cost of each of your diabetes supplies.

1. Enter out of pocket costs in the COST column. If you don't have that expense, enter 0.
2. Enter the number of times you purchase that item per year in the X TIMES PER YEAR column. (For example, if you refill your 3 month supply of insulin 4 times per year, enter '4.')
3. The COST/YEAR column will populate automatically (no math for you!)
4. At the bottom you'll see your estimated total annual cost in the TOTAL row.
5. Use the NOTES column to write reminders to yourself that will be helpful as you revisit the tool

Remember: Close Counts!

It's not going to be exact, but getting an estimate of how much you'll spend on your diabetes will help you budget your money, calculate how much to contribute to your HSA or FSA, and help you be mindful with your overall spending!