Amplitude / blog / getting support / Endocrine Society Calls for Solutions Regarding Insulin Price Crisis

Endocrine Society Calls for Solutions Regarding Insulin Price Crisis

The Endocrine Society lauds Novo Nordisk’s recent announcement that it would limit price increases for its therapies, including insulin, and hopes that other entities in the insulin supply chain including manufacturers, pharmacy benefit managers, and insurers will also demonstrate similar restraint to address this important issue.

People with type 1 diabetes are unable to produce their own insulin and need insulin treatment to maintain their glucose control. People with type 2 diabetes do not produce enough insulin and may need insulin treatment as well. Many people with diabetes depend on insulin, yet increasing prices create a dangerous barrier to access this critical therapy.

The Society advocates for people with diabetes who depend on insulin to treat their disease to have affordable access to this life-saving therapy. It believes that with greater transparency across the insulin supply chain, stakeholders can work together to make drug pricing more predictable, reduce out-of-pocket costs, and help provide patients and providers access to affordable, patient-centered therapies.

This article was adapted from information provided by the Endocrine Society.