The insurer said the program is available starting Wednesday to roughly 700,000 members with diabetes covered under Cigna plans and its pharmacy benefits subsidiary Express Scripts.
Health insurer Cigna is lowering the out-of-pocket cost of insulin for some of its members with diabetes, launching a new program that caps co-pays at $25 for a 30-day supply of the drug.
The program is available for non-government Cigna plans for employers, unions and individuals. Employers and other groups have the option of adoption the $25 co-pay at any time, it said. It is not now available for Cigna-administered Medicare and Medicaid government plans. Rising insulin prices have been a focal point in the debate over high drug costs. Earlier this year, witnesses testified during drug hearings in the U.S. House and the Senate about how high costs had forced loved ones to ration their insulin intake with life-threatening impacts on their health.
The Senate Finance Committee has launched an investigation into insulin prices and called on the nation's largest insulin producers to testify on Capitol Hill.
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