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Insulin is an essential drug to treat diabetes. Despite existing for over 100 years, 'evergreening,' supply chain issues, and more are keeping insulin costs high. Why is insulin still so expensive ...
Despite existing for over 100 years, 'evergreening,' supply chain issues, and more are keeping insulin costs high. The 'catastrophic' high cost of insulin is financially straining diabetes ...
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Currently only three drug companies manufacture insulin in the U.S.,… More than 34 million Americans have diabetes, and it’s considered the most expensive chronic illness in the country.
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The Affordable Insulin Now Act is a bill in the United States Congress intended to cap out-of-pocket insulin prices under private health insurance and Medicare at no more than $35 per month. [ 1 ] The bill was first introduced on February 25, 2022, by Representative Angie Craig ( D - MN ). [ 2 ]
More than 50% of insulin users with employer-based insurance spent over $35 out-of-pocket on average for a 30-day supply of insulin in 2019 and 2020, according to the Health Care Cost Institute, a ...
Novo said last year it would pull its Levemir insulin from the U.S. market at the end of 2024, months after cutting its price by 65% to $108 a vial and $162 for a 5-pack of injector pens.