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COST OF INSULIN PRODUCTS RISES SHARPLY

By Katie Lannan
STATE HOUSE NEWS SERVICE

STATE HOUSE, BOSTON, MARCH 13, 2019....Massachusetts residents with diabetes spent 50 percent more on insulin products in 2016 than they did in 2013, according to new data.

At a hearing with the Health Care Financing Committee Wednesday, the state Health Policy Commission is slated to present an analysis of insulin price trends it undertook as part of an examination of spending growth in prescription drugs.

A Massachusetts resident with diabetes spent an average $3,122 annually -- or $8.91 per day -- on insulin products in 2013, the commission found. By 2016, the average spend per person was $4,684 annually, or $13.42 per day.


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