JACKSONVILLE, Fla. - Parents know all too well how the cost of baby formula can weigh on a monthly budget. A single 14-oz. can of formula can cost anywhere from $15 to $20. It's worse for parents whose babies rely on hypoallergenic formula, which can often cost between $40 to $60 per can.
Babies and toddlers with digestive conditions rely on hypoallergenic formulas, commonly made by brands like Neocate, Enfamil and Elecare. These meal replacement formulas are recommended or prescribed by doctors and are covered by insurance plans, including TRICARE, the health insurance provider for active and retired military members and their families.
Despite the prices, the government has been forking over $420 for each 14-oz. can and one military family is wondering why.