Jackson County Exec Frank White Statement On Insulin Price Cap

The courthouse perspective on this controversial topic that SHOULD remind us to stay away from sweets and eat something decent for dinner tonight . . .

Jackson County Executive issues statement in response to Eli Lilly insulin price cap

KANSAS CITY, Mo. – Jackson County Executive Frank White, Jr. has issued the following statement in response to today’s announcement that pharmaceutical  manufacturer Eli Lilly will cap its out-of-pocket insulin prices at $35/month:

“This is welcome news to me and the residents of Jackson County, which is in the highest quartile of Missouri counties with adults diagnosed with diabetes. I strongly urge other drug makers to follow Eli Lilly’s price adjustment so we can put an end to the insulin price-gouging that is forcing many to choose between buying their life-saving medication or food to eat.

“The County continues its lawsuit against insulin manufacturers and pharmacy benefit managers, which alleges they engaged in unlawful rebate schemes that unnecessarily increased the price of insulin for consumers and healthcare payors. We remain committed to holding them accountable for the harm they’ve caused and fighting on behalf our residents until insulin prices are affordable.”

Read more via www.TonysKansasCity.com link . . .

Eli Lilly to cut insulin prices by 70%, cap monthly costs at $35

MoneyWatch Eli Lilly plans to cut prices on its most commonly prescribed insulin products by 70% and will also cap customers' out-of-pocket costs at $35 a month for those with commercial insurance who use its insulin.