Cigna is launching a new program that caps co-pays at $25 for a 30-day supply of insulin.
Health insurer Cigna is lowering the out-of-pocket cost of insulin for some of its members with diabetes, launching a new program next year that caps copays at $25 for a 30-day supply of the drug.
"We are confident that our new program will remove cost as a barrier for people in participating plans who need insulin," said Dr. Steve Miller, Cigna executive vice president and chief clinical officer, in a statement announcing the program Wednesday."We need to ensure these individuals feel secure in their ability to afford every fill so they don't miss one dose, which can be dangerous for their health.
The Senate Finance Committee has launched an investigation into insulin prices and called on the nation's largest insulin producers to testify on Capitol Hill. Last month, Eli Lilly, the nation's largest producer of insulin, introduced a generic version of its rapid-acting insulin product for half the price of its flagship Humalog product.
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