Why insulin price has increased?

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Why insulin price has increased?


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Old 11-17-2012, 11:34   #1
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Default Why insulin price has increased?

Hi! Why insulin price has increased so much?

I used to pay:
Lantus (U100) 10ml vial = $75
Humalog (U100) 10ml vial = $35

Now they cost:
Lantus (U100) 10ml vial = $236
Humalog (U100) 10ml vial = $260

It's a 215% and 643% increase for Lantus and Humalog, respectively.

What's going on???

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Old 11-17-2012, 14:00   #2
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It isn't just insulin . . . I used to buy a bag of groceries for $25 . . . now I can't get out of the store for less than $100.

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Old 11-17-2012, 14:33   #3
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I could give u my theory. But it is just a theory but it does have correlation from insurance world.

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Old 11-17-2012, 14:49   #4
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My Lantus has only gone up $9 in past year. Check around. There is a big difference in our local pharmacy,Walmart, Walgreens and CVS. Did your insurance change? I pay $35 but that is with insurance paying 20%.

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Old 11-17-2012, 14:57   #5
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Quote:
Originally Posted by Humhum
My Lantus has only gone up $9 in past year. Check around. There is a big difference in our local pharmacy,Walmart, Walgreens and CVS. Did your insurance change? I pay $35 but that is with insurance paying 20%.
Insurance copay is different than retail. I paid about 250 a vial retail for novo log and lantus. With insurance I paid 18.

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Old 11-17-2012, 15:20   #6
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Meant insurance pays 80%. Called CVS just for heck of it and it is about $320 with no insurance. Ouch

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Old 11-17-2012, 16:09   #7
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Quote:
Originally Posted by LauraK View Post
Hi! Why insulin price has increased so much?

I used to pay:
Lantus (U100) 10ml vial = $75
Humalog (U100) 10ml vial = $35

Now they cost:
Lantus (U100) 10ml vial = $236
Humalog (U100) 10ml vial = $260

It's a 215% and 643% increase for Lantus and Humalog, respectively.

What's going on???
Is that with insurance? I would contact the companies and see if you can get them to help you. Most drug company manufacturers have programs for those without insurance that reduce the cost of medications or even pay the cost entirely. Of course you have to apply but the worst thing that can happen is they will turn you down and you will never know till you apply. But first find out why you are having to pay such a huge increase. It could be that those insulins are not the ones your insurance company prefers.

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Old 11-17-2012, 16:58   #8
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A friend with insurance, finally, told me yesterday that a certain drug cost her $32 before she had insurance a few months ago and now it costs her
$78 and she's choosing to buy it herself again. Explain that to her...

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Old 11-17-2012, 17:30   #9
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Quote:
Originally Posted by Humhum View Post
My Lantus has only gone up $9 in past year. Check around. There is a big difference in our local pharmacy,Walmart, Walgreens and CVS. Did your insurance change? I pay $35 but that is with insurance paying 20%.
I don't have health insurance. All prices are retail from an online pharmacy (from Canada) that used to have the lowest prices. All other pharmacies (local and out of state) I've checked have similar prices.

BTW, I live in NY and all prices are in US dollars.

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Old 11-17-2012, 17:33   #10
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Originally Posted by deafmack View Post
Is that with insurance? I would contact the companies and see if you can get them to help you. Most drug company manufacturers have programs for those without insurance that reduce the cost of medications or even pay the cost entirely. Of course you have to apply but the worst thing that can happen is they will turn you down and you will never know till you apply. But first find out why you are having to pay such a huge increase. It could be that those insulins are not the ones your insurance company prefers.
I don't have insurance. Did prices have increased just for uninsured people?

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