Eli Lilly caps the cost of insulin at $35 a month

[progressoid]

14. it's a start. Now do the rest.

https://endpts.com/house-committee-uncovers-how-humiras-price-spiked-by-470-as-abbvie-execs-cashed-bonuses-tied-to-the-hikes/

“Humira is now priced at $2,984 per syringe, or $77,586 annually — a 470% increase from when the drug entered market,”



“If Medicare had received the same discounts as the Department of Defense, it would have saved more than $7.4 billion on Humira from 2010 to 2018. Similarly, if Medicare had received the same discounts as the Department of Veterans Affairs, it would have saved $7 billion on Humira from 2010 to 2018,” the report notes.

Republicans in Congress have focused their attention less on lowering drug prices and more on lowering out-of-pocket costs, the report reveals how out-of-pocket costs for Humira have spiked too.

A 2019 Kaiser Family Foundation study found that the median annual out-of-pocket cost for Medicare patients on Humira was $5,471 in 2019, which is $606 more than in 2016.

A retired teacher and Medicare beneficiary with Crohn’s disease told the committee that despite having a supplemental health insurance plan, her out-of-pocket costs for Humira were more than $2,600 for a month’s supply, preventing her from receiving treatment.

Rockford, Illinois Mayor Tom McNamara also reported that between August 2013 and July 2020, his city spent more than $2.5 million on Humira alone, which means more than 5% of the city’s employee health plan expenditures were for Humira.