Lilly to cut insulin prices by 70%, cap prices at $35 per month for people with private insurance

Lilly to cut insulin prices by 70%, cap prices at $35 per month for people with private insurance

Source: 
CNBC
snippet: 
  • Lilly said it will slash list prices of its Humalog and Humlin injections by 70% in the fourth quarter.
  • The company will cap out-of-pocket costs for people with private insurance at $35 per month at participating retail pharmacies.
  • The announcement comes amid growing federal pressure to lower insulin prices.