HIT Consultant January 20, 2025
What You Should Know:
– The average price per insulin unit dropped 42%, from $0.33 in 2019 to $0.19, in mid-2024, according to a new report from GoodRx. The drop represent the lowest average recorded in a decade.
– Thanks to the Inflation Reduction Act and voluntary price cuts by major insulin manufacturers, prices have seen significant declines. Products like Lantus, Novolin N, Humalog, and Humulin N are now more affordable than they have been in years.
Insulin Costs Plummet: A Decade-Long High Comes to an End
The struggle to afford insulin has been a major challenge for many people with diabetes, forcing some to ration their medication or even skip doses altogether. But recent policy changes and...