March 27, 2023
Drugmaker Eli Lilly caps the cost of insulin at $35 a month, bringing relief for millions
Dana Mathewson
I received the following in a newsletter from my Medicare advisor this morning and figured it may be of interest to our readers; especially to site proprietor Tim.
Eli Lilly will cap the out-of-pocket cost of its insulin at $35 a month, the drugmaker said Wednesday. The move, experts say, could prompt other insulin makers in the U.S. to follow suit.
The change, which Eli Lilly said takes effect immediately, puts the drugmaker in line with a provision in the Inflation Reduction Act, which in January imposed a $35 monthly cap on the out-of-pocket cost of insulin for seniors enrolled in Medicare.
Posted by: Timothy Birdnow at
11:27 AM
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