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This is primarily about under age 65 individual and group plans but it's good news for a lot of people.
Eli Lilly announced Wednesday a series of price cuts that would lower the price of the most commonly used forms of its insulin 70% and said it will automatically cap out-of-pocket insulin costs at $35 for people who have private insurance and use participating pharmacies.
Lilly says it will also expand its Insulin Value Program, which caps out-of-pocket costs at $35 or less per month for people who are uninsured.
[EXTERNAL LINK] - Eli Lilly to cut insulin prices, cap costs at $35 for many people with diabetes | CNN.
Eli Lilly announced Wednesday a series of price cuts that would lower the price of the most commonly used forms of its insulin 70% and said it will automatically cap out-of-pocket insulin costs at $35 for people who have private insurance and use participating pharmacies.
Lilly says it will also expand its Insulin Value Program, which caps out-of-pocket costs at $35 or less per month for people who are uninsured.
[EXTERNAL LINK] - Eli Lilly to cut insulin prices, cap costs at $35 for many people with diabetes | CNN.
