March 02, 2023
Manchin Applauds Eli Lilly Decision to Cap Insulin Costs, Urges Other Drugmakers to Follow Suit
Washington,
DC – Today, U.S. Senator Joe Manchin (D-WV) applauded Eli
Lilly’s announcement that they will automatically cap out-of-pocket costs at $35 at participating retail pharmacies for people with
commercial insurance using Lilly insulin, effective immediately. According to the CDC,
13.4% of West Virginia adults have been diagnosed with diabetes.
“I applaud this long-overdue announcement by Eli Lilly which will
have an immediate impact on thousands of West Virginia families,” Senator
Manchin said. “West Virginia has the highest percentage of adults with
diagnosed diabetes of any state in the nation. No West Virginian or American
should have to choose between insulin and food on their table or a roof over
their heads. That’s why I fought to ensure the Inflation Reduction Act capped
Medicare recipients’ insulin at $35 a month.
“While this announcement is great news for the Mountain State, we
must continue to put pressure on drug manufacturers who charge Americans some
of the highest drug prices in the world. I urge all manufacturers of insulin to
do the right thing: cap the price of insulin and stop ripping off American
consumers who depend on this life-saving drug.”
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