Insulin to cost $30 as California secures contract to combat diabetes: Newsom

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

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