California plans to roll out an ambitious plan to manufacture its own insulin, but in the meantime, legislators are proposing to cap what diabetics pay.
Compared to other countries, the U.S. is known to have the highest price tags for insulin — an average of $98.70 per vial, compared to $12 a vial in Canada,by the Rand Corporation, a public policy think tank. People usually need two to three vials a month, and some may need more. What people pay at the counter depends on their insurance coverage. People without insurance are on the hook for the full cost.
The idea is that if the state can produce its own insulin — with the help of a pharmaceutical manufacturing partner — then it can set prices below current market rates. Among the initiative’s potential challenges: sufficient funding to go forward. The initiative was launched in a flush budget year, but as California builds up its program, it will need ongoing dollars to sustain it and counter any potential backlash from other insulin makers, the analysis authors wrote. last month announced
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