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Eli Lilly cuts insulin-related out of pocket expense for diabetes patients in the U.S

Eli Lilly cuts insulin-related out of pocket expense for diabetes patients in the U.S
Wajeeh Khan
Apr 07, 2020, 09:43 AM
  • Eli Lilly caps the out of pocket expense for insulin at £27.50/month for U.S patients.
  • U.S drugmaker's co-pay scheme will not cover the patients enrolled in government insurance.
  • Trump administration to reduce the out of pocket cost for insulin to £27.50/month.

Eli Lilly & Company (NYSE:LLY) announced a cap of £27.50/month on the out of pocket expense for insulin on Tuesday. The company said that it wishes to help the U.S patients that are facing financial challenges ascribed to the ongoing COVID-19 pandemic.