Insulin Prices Double in Five Years

January 29, 2019

Insulin prices nearly doubled over a five year period, according to a report from the nonprofit Health Care Cost Institute (HCCI). A Reuters story said the costs for a patient with diabetes went from $2,864 in 2012 to $5,705 in 2016.

“HCCI said the jump in spending was driven primarily by higher insulin prices overall and, to a lesser extent, a shift toward more expensive insulin products,” according to Reuters. “Average daily insulin use rose only 3 percent over the same five-year period, the report found.”

Read the Reuters story.