Insulin Manufacturers to Testify Before Congress

On Wednesday, April 10, the three manufacturers of insulin in the United States — Eli Lilly, Novo Nordisk and Sanofi — will testify before the House Energy and Commerce Oversight Subcommittee[1] regarding their pricing practices. The three largest pharmacy benefit managers (PBMs) will also be appearing before the committee.

Advertisement

The hearing will be the second in two weeks regarding rising insulin prices and how the Congress can make the medicine more affordable. At the first hearing[2], “Priced Out of a Lifesaving Drug: The Human Impact of Rising Insulin Prices,” officers from the American Diabetes Association, JDRF and other prominent diabetes advocates testified before the committee.

Insulin Infographic[3]
Courtesy of the American Diabetes Association[4]

 

 

 

 

 

 

 

 

 

 

According to a recent survey[5] by the American Diabetes Association, “approximately 27 percent of the 535 patients surveyed indicated that cost has impacted their purchases or use of insulin.”

Want to learn how to save money on your insulin? Read “Insulin Prices: Four Ways to Pay Less.”[6]

Endnotes:
  1. testify before the House Energy and Commerce Oversight Subcommittee: https://thehill.com/policy/healthcare/437011-insulin-manufacturers-to-testify-as-part-of-house-pricing-probe
  2. At the first hearing: https://www.diabetesselfmanagement.com/blog/u-s-congress-holds-hearings-on-insulin-costs/
  3. [Image]: //cdn.diabetesselfmanagement.com/2019/04/PUB_Insulin_Pricing_Infographics_R6.png
  4. American Diabetes Association: https://makeinsulinaffordable.org/the-issue/
  5. recent survey: http://www.diabetes.org/assets/pdfs/advocacy/insulin-affordability-survey.pdf
  6. “Insulin Prices: Four Ways to Pay Less.”: https://www.diabetesselfmanagement.com/blog/insulin-prices-four-ways-pay-less/

Source URL: https://www.diabetesselfmanagement.com/blog/insulin-manufacturers-to-testify-before-congress/


Diane Fennell: Diane Fennell has been an editor at Diabetes Self-Management magazine since 2003. She is currently the Senior Digital Editor for Diabetes Self-Management E-News and DiabetesSelfManagement.com. (Diane Fennell is not a medical professional.)

Disclaimer of Medical Advice: You understand that the blog posts and comments to such blog posts (whether posted by us, our agents or bloggers, or by users) do not constitute medical advice or recommendation of any kind, and you should not rely on any information contained in such posts or comments to replace consultations with your qualified health care professionals to meet your individual needs. The opinions and other information contained in the blog posts and comments do not reflect the opinions or positions of the Site Proprietor.