Insulin costing too much? 5 On Your Side shares options
Posted October 19, 2020 1:03 p.m. EDT
Updated October 19, 2020 6:35 p.m. EDT
Raleigh, N.C. — Type 1 Diabetics feel the increase; a vial of insulin that cost $21 20 years ago is now $332 dollars.
“My insulin usually runs anywhere between two to four-hundred a month. I have had to ration my insulin before because of the expenses of it," admitted Anne Dina.
Things got tough for Dina when she lost health insurance.
Some patients have died after rationing insulin because of the soaring cost.
5 On Your Side’s Monica Laliberte shares options available right now, to find lower prices.
“If you’re insured and have a high deductible plan, new federal rules might mean that you just pay a low copay and not the full amount," said Lisa Gill with Consumer Reports. "For example, if you’re insured by Cigna, you could get insulin for just $25. Check with your insurer.”
If insurance or even low or zero co-pays aren’t an option, consider an authorized generic insulin offered by some companies.
“Eli Lilly’s authorized generic version of Humalog, called insulin lispro is half the price at just $150 per month,” said Gill.
You could also consider human insulin.
Novo Nordisk’s is available at certain pharmacies for about $25, depending on your insurance.
If you don’t have insurance, see if the insulin manufacturer has a patient assistance program where qualifying patients can get it for free.
The problem of finding affordable insulin is so widespread the President of needymeds.org says it’s the second-most common reason patients contact his group.