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Bookmark or Share- Insulin Cost and Pricing Trends - AAFIf insulin list prices continued to increase at a rate similar to the trend between 2012 and 2018, gross insulin costs in the United States could reach $121.2 billion by 2024 (or $12,446 per insulin user), before subtracting discounts and rebates.
- Federal and State Actions to Address Insulin Costs - AAFIn 2018, insulin costs in Medicaid reached nearly $4 billion. Policy Proposals to Address Insulin Prices. On March 23, 2020, the regulatory obstacles preventing the introduction of biosimilar insulin in the U.S. market expired. Only time will tell if new manufacturers will take advantage of this new pathway to bring competitor insulin products ...
- FTC Sues PBMs Over Insulin Prices - AAFThe agency concluded that “incentivizing manufacturers to inflate insulin list prices, restricting patients’ access to more affordable insulins on drug formularies, and shifting the cost of high list price insulins to vulnerable patient populations” are unfair methods of competition and unfair acts or practices in violation of Section 5 ...
- Research: Understanding the Insulin Market - AAFThe insulin product discovered in 1921 and patented in 1923 was extracted from animals. In 1978, insulin was, for the first time, reproduced from human recombinant DNA; this newly produced human insulin was patented and brought to market in 1982. Several new analog insulin products were developed between 1996 and 2005.
- Recent Trends in Insulin Prices - AAFEakinomics: Recent Trends in Insulin Prices Insulin was the poster child of the drug price wars in 2019 and early 2020, and the key facts are laid out in Insulin Cost and Pricing Trends by AAF’s Tara O’Neill Hayes and Josee Farmer. (A shout out to Josee in Seattle; one of many AAF interns continuing her internship remotely.) […]
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