{"id":20973,"date":"2023-03-09T08:27:03","date_gmt":"2023-03-09T13:27:03","guid":{"rendered":"https:\/\/medicarereport.org\/?p=20973"},"modified":"2023-03-09T08:27:04","modified_gmt":"2023-03-09T13:27:04","slug":"why-does-insulin-cost-so-much-big-pharma-isnt-the-only-player-driving-prices","status":"publish","type":"post","link":"https:\/\/medicarereport.org\/?p=20973","title":{"rendered":"Why Does Insulin Cost So Much? Big Pharma Isn\u2019t the Only Player Driving Prices"},"content":{"rendered":"\n<p>(By Arthur Allen for Kaiser Health News)<\/p>\n\n\n\n<p>Eli Lilly &amp; Co.\u2019s announcement that it is slashing prices for its major insulin products could make life easier for some diabetes patients while easing pressure on Big Pharma.<\/p>\n\n\n\n<p>It also casts light on the profiteering methods of the drug industry\u2019s price mediators \u2014 the pharmacy benefit managers, or PBMs \u2014 at a time when Congress has shifted its focus to them.  Continue reading <a href=\"https:\/\/khn.org\/news\/article\/insulin-costs-pharmacy-benefit-managers-drug-manufacturers\/\" data-type=\"URL\" data-id=\"https:\/\/khn.org\/news\/article\/insulin-costs-pharmacy-benefit-managers-drug-manufacturers\/\">here&#8230;<\/a><\/p>\n\n\n\n<p>Kaiser Health News is a nonprofit national health policy news service that is part of the nonpartisan Henry J. Kaiser Family Foundation.<\/p>\n\n\n\n<p><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"78\" class=\"wp-image-899\" style=\"width: 150px;\" src=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1.png\" alt=\"\" srcset=\"https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1.png 1600w, https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1-300x156.png 300w, https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1-1024x533.png 1024w, https:\/\/medicarereport.org\/wp-content\/uploads\/2015\/10\/khn-logo1-390x205.png 390w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/p>\n\n\n\n<p class=\"has-small-font-size\"><strong>Notice:<\/strong>&nbsp;The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link\u2019s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(By Arthur Allen for Kaiser Health News) Eli Lilly &amp; Co.\u2019s announcement that it is slashing prices for its major<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,15,39],"tags":[512,385,264,511,420,510],"class_list":["post-20973","post","type-post","status-publish","format-standard","hentry","category-health-care-finance","category-part-dprescription-drugs","category-price-transparency","tag-big-pharma","tag-healthcare-costs","tag-insulin","tag-insurers","tag-medicare-insulin-cost-sharing","tag-pbm"],"_links":{"self":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/20973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20973"}],"version-history":[{"count":1,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/20973\/revisions"}],"predecessor-version":[{"id":20974,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/20973\/revisions\/20974"}],"wp:attachment":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}