Pro Pharma Talks26 Feb 2019

The Rising Cost of Insulin

Episode Outline:

Insulin Prices & What To Do About It

Sky rocking cost of insulin

- ADA and Health Care Cost Institute – prices 2x between 2012 and 2016, 3x in decade before 2012

- 100 year history – R&D is over – price changes are PhRMA increases

- Sanofi

- Novo Nordisk

- Eli Lilly

Insulins

- Old – Humulin, Novolin

- New Analog insulins – Lantus, Levemir, Novolog, Humalog – less hypoglycemia

Harvard Study

- Type 2 diabetes

- JAMA recent study

- Anthem patients witched from new to old insulins

- Outcomes: Patients less likely to reach Med D donut hole (80% vs. 53% after the switch), no increased risk of dangerously high/low BS, no increase in ED or hospital stays

House and Senate targeting cost of insulin

- House Energy & Commerce Committee

- Senate Finance Committee

Options:

- PhRMA regulations

- Legalize Canadian imports – patients, wholesalers, pharmacists

- PhRMA self-regulation

- Competition from human insulins

_______

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