So you capped insulin at $35??

So you capped insulin at $35??

Recently, the government and Medicare capped insulin prices for seniors at $35. That’s great! It does lower the cost, for seniors. But while Congress is out there taking a victory lap, we checked, and the overall price of insulin didn’t go down.

Capping what someone pays for something isn’t synonymous with lowering the price. The American tax payer is picking up the additional portion of the insulin tab.

In my latest podcast episode, Adam Berkowitz and I sat down to talk about price controls, high deductible health plans, the high cost of drugs, and what we’re both doing to mitigate prescription drug costs for our clients.

Hope you enjoy!