Because of the high cost of insulin, a large group of diabetics in the United States and Canada have come up with a creative solution: cash for insulin loan. Using future income as collateral, this loan allows individuals to pay for expensive medications such as insulin. These loans are critical for those with diabetes who cannot wait until their insurance pays for the medications. However, a high deductible can make it impossible for some people to afford their medication.
Companies have simplified the process, approving cash for injection requests within minutes and depositing them in as little as one business day. Moreover, the cost of diabetes medication continues to rise because of the rising cost of living. But cash for the injection is a lifeline for diabetics. The prices of diabetes medications have gone up in recent years. But the average cash for insulin loan will be the same.