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Health insurer says it will cap insulin prices at $25 for a month’s supply under new program

Source: wkyt.com

(CNN VAN/Gray News) – A health insurer says a new program will help families who have to pay for lifesaving insulin.

Cigna announced Wednesday it’s launching the Patient Assurance Program.

According to the company, the plan will cap out-of-pocket expenses for a 30-day supply of insulin at $25.

People with Type 1 diabetes don’t produce it naturally in their body, and need it to regulate their blood sugar levels. Without it, they can die within days.

Cigna’s announcement comes a day after the Food and Drug Administration announced it would bring competition to the insulin market. The federal agency sees it as a way to lower…

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The post Health insurer says it will cap insulin prices at $25 for a month’s supply under new program appeared first on FeedBox.

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