Originally Posted by sophie720 (Post 2175418)

I have a friend who is a type 1 diabetic...had a late adult onset diagnosis, and this is all new to her... and she was telling me about Cost Plus Drugs (Mark Cuban's company)...The cost of a one-month supply of each Part D-covered insulin is capped at $35, and you don't have to pay a deductible. If you get a 60- or 90-day supply of insulin, your costs can’t be more than $35 for each month’s supply of each covered insulin. "The Inflation Reduction Act’s $35 per month cap on the out-of-pocket cost of insulin goes into effect in January — but it’s only for older people on Medicare. That leaves behind millions of younger people with diabetes in the U.S. who need the drug to live.

According to the RAND Corp., a public policy think tank, the average list price for one vial of insulin in the U.S. in 2018 was $98.70, up to 10 times more than other Organization for Economic Cooperation and Development countries. People with Type 1 diabetes need two or three vials per month, according to the American Diabetes Association; people with Type 2 diabetes may need even more.

Cost Plus Drug Co. is considering a test program for insulin that would offer a 90-day supply of insulin, or a total of 12 vials, for $170." This is huge and clearly a needed....my friend is 47 and is not yet able to take advantage of the benefits of Medicare.......just wanted to share this, in the event you haven't heard of Cost Plus!!

Mark Cuban's Cost Plus Drugs Offers Prescription Medications at Huge Discounts - CNET

And the actual website is:
Homepage of Mark Cuban Cost Plus Drugs

Hope everyone has a great weekend!!

Originally Posted by Singerlady (Post 2175717)

Yes, because of Biden’s executive order to lower prescription drug costs. (Inflation Reduction Act August 2022)

Originally Posted by Singerlady (Post 2175717)

Yes, because of Biden’s executive order to lower prescription drug costs. (Inflation Reduction Act August 2022)

Originally Posted by JMintzer (Post 2176004)

You mean the executive order he signed after rescinding a previous administration's executive order that did the same thing?

He caused prices to go back up before causing them to go down...

Originally Posted by sophie720 (Post 2176112)

The 60-day regulatory freeze did not cause the price of insulin to increase at community health centers, which was where Trump's proposed savings would take place, which hadn't even gone into effect......The Biden Administration’s regulatory freeze did not impact a new insulin discount that took effect Jan. 1. That discount, announced last year by President Trump and the Centers for Medicare & Medicaid Services, allowed seniors who sign up for an enhanced Medicare plan to receive a 30-day supply of insulin for $35. The discount requires seniors to join a Medicare drug plan (Part D) or Medicare Advantage Plan (with drug coverage) that participates in the insulin savings model, so only those individuals who are willing to pay for the enhanced coverage were eligible to receive the $35 price cap.
Can I ask how you think he caused them to go up before going down? Always interested to hear other perspectives!

I'm personally not here to argue about Trump or Biden...that never gets us anywhere....

My point is that people have lower cost alternatives that some might not know about...not limited to just insulin...more and more are being added to CPD, as well! I just thought it was a good alternative to mention:) I hope you're enjoying your weekend!!!!
Thanks for your reply and take care!

Originally Posted by JMintzer (Post 2176438)

My point was that insulin prices we already capped at $35/month. Then, that exec order was rescinded, which caused them to go back up to their previous highs for a year, until they went back down to $35/month.

Neither plan would have/will actually "fix(ed)" the costs for everyone.

But the current "boasting" of "look what we did!" is just more of "the same as it ever was"...

Originally Posted by sophie720 (Post 2176721)

The "look what we just did" is going to have to arrive in the form of alternative and more reasonable and competitive prices for human beings who need these drugs to live. The fact that this (price gouging) has been able to go on for so long is pretty atrocious.
Thank you, and have a great day.

Originally Posted by jump4 (Post 2176885)

I think Cost Plus Drugs is a great option to consider. I also heard that Walmart pharmacy has some type of insulin at a very low price.