California will cut patients’ cost for insulin by 90% to $30, regardless of their insurance plan, Gov. Gavin Newsom announced Saturday.
The state has a contract with non-profit generic-drug company Civica to manufacture insulin, a hormone used for treating diabetes.
When the new, cheaper drug will become available is not clear: Civica and the state Health and Human Services Agency are working to identify a manufacturing facility in California, according to the governor’s announcement.
Patients who pay cash for insulin will save $2,000 and $4,000 a year, Newsom’s office said, citing “egregious cost-shifting that happens in traditional pharmaceutical price games.”
More than three million Californians have diabetes, according to the