The changes could help around 2 million people pay for the life-sustaining drug.
Although many people, including some 3.3 million on Medicare, already pay $35 a month or less for insulin, about 1-in-5 with private insurance and the 17% of insulin users who are uninsured stand to benefit.
The insulin products currently cost hundreds of dollars a month. Humalog reportedly has a list price of $530 for a five-pack of injection pens and $274 for a vial, though the company said it only costs less than $95 a month for patients with commercial insurance and Medicare. While the $35 price is only available in pharmacies participating in the company’s insulin value program, Ricks said patients using other pharmacies can receive a rebate through the drugmaker’s website.
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