Eli Lilly Caps Insulin Prices Slashes Seventy Percent

NEW YORK, NEW YORK - MARCH 02: In this photo illustration, Elizabeth Snouffer, whose had type 1 diabetes for most of her life, displays her insulin capsule which she needs to take daily on March 02, 2023 in New York City. Drugmaker Eli Lilly announced yesterday that it will cap the out-of-pocket cost of its insulin at $35 a month. Medical experts believe that the unexpected move may compel other insulin makers in the U.S. to follow suit and cap their prices of insulin. For those without health insurance or a health plan, the cost of insulin can cost hundreds or thousands of dollars a month for a diabetic. (Photo Illustration by Spencer Platt/Getty Images)