Eli Lilly Slashes Insulin Prices, Capping Cost at $35 for Many Diabetes Patients

Rising costs have forced some people who take insulin to ration or even discontinue their diabetes treatment.Adobe Stock; Everyday Health

The drugmaker Eli Lilly is cutting the sticker price on some of its most commonly used types of insulin by 70 percent and capping out-of-pocket costs at $35 for many patients.

Effective immediately, Lilly will automatically cap out-of-pocket costs at $35 at many retail pharmacies for people with private health insurance, and allow anyone without health benefits to download a savings card that gives them the same $35 price cap, the company said in a March 1 statement.

Read more here: https://www.everydayhealth.com/diabetes/eli-lilly-slashes-insulin-prices-capping-cost-for-many-diabetes-patients/