Eli Lilly will cut prices for most of its insulins in the United States by 70% and cap out-of-pocket costs for insulin at $35 per month, the company announced on Wednesday.
March 1, 2023 – Eli Lilly will cut prices for most of its insulins in the United States by 70% and cap out-of-pocket costs for insulin at $35 per month, the company“Lilly is taking these actions to make it easier to access Lilly insulin and help Americans who may have difficulty navigating a complex healthcare system that may keep them from getting affordable insulin,” the company said in a statement.
The company says it will cut the list price of its non-branded Insulin Lispro Injection 100 units/mL to $25 a vial, effective May 1. The list price of the branded Humalog 100 units/mL will be cut by 70%, effective in the fourth quarter of 2023. showing that up to 25% of people with type 1 diabetes ration insulin due to costs, putting their health and often their lives in jeopardy.latest state
Many people on Twitter praised the news, using the hashtag "#insulin4all" in their posts. The hashtag #insulin4all is a worldwide campaign to ensure people with type 1 diabetes have access to affordable insulin and other supplies needed to manage the condition, such as glucose strips. It is supported, among others, by the T1International advocacy group, which has aAsked at a telephone news briefing if the California lawsuit prompted the company’s move, Lilly Chair and CEO David A.
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