U.S. Patients Need U.S. FTC to Do More to Bring Rx Drug Prices Down to Earth
For a moment, try to answer the following question honestly:When are biosimilar insulins, even those which are designated by the FDA as " interchangeable " with the innovator, MORE EXPENSIVE than the originator molecule the biosimilar is supposed to be a copy of? The correct answer is when a person with diabetes lives in the United States. It defies logic!In theory, the biosimilars should be cheaper because the work of developing, conducting clinical trials and whatnot is not the same to make a copy. The biosimilar doesn ' t have to go through the same process of conducting extensive three phases of clinical tria...
Source: Scott's Web Log - September 15, 2021 Category: Endocrinology Tags: Biosimilar biosimilars Federal Trade Commission FTC PBM rebate reform rebates Source Type: blogs
U.S. Patients Need U.S. FTC to Do More to Bring Rx Drug Prices Down to Earth
For a moment, try to answer the following question honestly:When are biosimilar insulins, even those which are designated by the FDA as " interchangable " with the innovator, MORE EXPENSIVE than the originator molecule the biosimilar is supposed to be a copy of? The correct answer is when a person with diabetes lives in the United States. It defies logic!In theory, the biosimilars should be cheaper because the work of developing, conducting clinical trials and whatnot is not the same to make a copy. The biosimilar doesn ' t have to go through the same process of conducting extensive three phases of clinical trial...
Source: Scott's Web Log - September 15, 2021 Category: Endocrinology Tags: Federal Trade Commission FTC PBM rebate reform rebates Source Type: blogs
Coupons, PBM's ... oh my!
Over the past few years, my coverage of coupon-generating websites/apps has increased by a lot in this blog because those have emerged as a critical way for patients to get prescriptions at lower, PBM-negotiated prices even if they have yet to satisfy an annual insurance deductible or they have no insurance at all. In general, coupon-generating websites/apps offer consumers access to the deeper pharmacy benefits manager ( " PBM " )-negotiated prices on prescription drugs, at prices which are often substantially less than the prices you could otherwise attain as a consumer without the benefit of a commercial healthcare...
Source: Scott's Web Log - September 1, 2021 Category: Endocrinology Tags: CGM CGMS coupon-generating websites apps Dexcom insulin Libre PBM test strips Source Type: blogs
Coupons, PBM's ... oh my!
Over the past few years, my coverage of coupon-generating websites/apps has increased by a lot in this blog because those have emerged as a critical way for patients to get prescriptions at lower, PBM-negotiated prices even if they have yet to satisfy an annual insurance deductible or they have no insurance at all. In general, coupon-generating websites/apps offer consumers access to the deeper pharmacy benefits manager ( " PBM " )-negotiated prices on prescription drugs, at prices which are often substantially less than the prices you could otherwise attain as a consumer without the benefit of a commercial healthcare...
Source: Scott's Web Log - September 1, 2021 Category: Endocrinology Tags: CGM CGMS coupon-generating websites apps Dexcom insulin Libre PBM test strips Source Type: blogs
Making Sense of the Novo Nordisk-Walmart Partnership to Sell Some Discounted Insulin Analogues
On June 29, 2021, Walmart Inc. and the American business unit of Novo Nordisk A/S (which is based just outside of Princeton, New Jersey known as Novo Nordisk Inc.) dropped what was intended to be a news bombshell coming just as the ADA Scientific Sessions was coming to a close. In fact, the insulin makers had hardly any big news coming from the ADA Scientific Sessions themselves this year (in fact, Novo Nordiskacquired a UK-based company known as Ziylo in 2018 to use its technology to try and develop glucose-responsive insulin, but it still has a long while before it is ready for commercialization ... if ever), becaus...
Source: Scott's Web Log - July 15, 2021 Category: Endocrinology Tags: Aspart Novo Nordisk Novolog Walmart Source Type: blogs
Making Sense of the Novo Nordisk-Walmart Partnership to Sell Some Discounted Insulin Analogues
On June 29, 2021, Walmart Inc. and the American business unit of Novo Nordisk A/S (which is based just outside of Princeton, New Jersey known as Novo Nordisk Inc.) dropped what was intended to be a news bombshell coming just as the ADA Scientific Sessions was coming to a close. In fact, the insulin makers had hardly any big news coming from the ADA Scientific Sessions themselves this year or for the past several years (about the biggest news was from 2018 when, Novo Nordiskacquired a UK-based company known as Ziylo to use its technology to try and develop glucose-responsive insulin, but that still has a long whil...
Source: Scott's Web Log - July 15, 2021 Category: Endocrinology Tags: Aspart Novo Nordisk Novolog Walmart Source Type: blogs
How to Navigate Life with a Chronic Disease Like T1D and High-Deductible Insurance Plans
Conclusion:So, this is a method to survive a high-deductible insurance plan without breaking the bank. I have done it, so I know it works. Keep in mind: insurance companies feel entitled to screw patients (you are not their customer, your employer is). Don ' t let them do it to you! (Source: Scott's Web Log)
Source: Scott's Web Log - February 8, 2021 Category: Endocrinology Tags: 2021 high-deductible insurance plans insulin rebates test strips Source Type: blogs
Get Humalog or Novolog for About $50/vial TODAY
First, this is NOT another page dedicated to bogus manufacturer Patient Assistance Programs. Having lived with Type 1 diabetes for nearly 50 years, I can honestly tell you I have never met a person who qualified for those fake programs. Ever. Yet as we head into a new year, for people with high-deductible insurance plans, the deductible reset dates often start at " open enrollment " which is in November at many organizations (although some plans use the calendar year as the reset date for deductibles, which means January 1 -- a lousy way to wish patients a happy new year and that ' s slightly over a month away). Other...
Source: Scott's Web Log - October 13, 2020 Category: Endocrinology Tags: Eli Lilly and Company insulin analogs Novo Nordisk drug prices GoodRx prescriptions Source Type: blogs
Get Humalog for $68/vial or Novolog for $72/vial TODAY
First, this is NOT another page dedicated to bogus manufacturer Patient Assistance Programs. Having lived with Type 1 diabetes for nearly 50 years, I can honestly tell you I have never met a person who qualified for those fake programs. Ever. Yet as we head into a new year, for people with high-deductible insurance plans, the deductible reset dates often start at " open enrollment " which is in November at many organizations (although some plans use the calendar year as the reset date for deductibles, which means January 1 -- a lousy way to wish patients a happy new year and that ' s slightly over a month away). Other...
Source: Scott's Web Log - October 13, 2020 Category: Endocrinology Tags: Eli Lilly and Company insulin analogs Novo Nordisk drug prices GoodRx prescriptions Source Type: blogs
Get Humalog or Novolog for About $50/vial TODAY
First, this is NOT another page dedicated to bogus manufacturer Patient Assistance Programs. Having lived with Type 1 diabetes for nearly 50 years, I can honestly tell you I have never met a person who qualified for those fake programs. Ever. Yet as we head into a new year, for people with high-deductible insurance plans, the deductible reset dates often start at " open enrollment " which is in November at many organizations (although some plans use the calendar year as the reset date for deductibles, which means January 1 -- a lousy way to wish patients a happy new year and that ' s slightly over a month away). Other...
Source: Scott's Web Log - October 13, 2020 Category: Endocrinology Tags: Eli Lilly and Company insulin analogs Novo Nordisk drug prices GoodRx prescriptions Source Type: blogs
Get Humalog or Novolog for $68/vial TODAY
First, this is NOT another page dedicated to bogus manufacturer Patient Assistance Programs. Having lived with Type 1 diabetes for nearly 50 years, I can honestly tell you I have never met a person who qualified for those fake programs. Ever. Yet as we head into a new year, for people with high-deductible insurance plans, the deductible reset dates often start at " open enrollment " which is in November at many organizations (although some plans use the calendar year as the reset date for deductibles, which means January 1 -- a lousy way to wish patients a happy new year and that ' s slightly over a month away). Other...
Source: Scott's Web Log - October 13, 2020 Category: Endocrinology Tags: Eli Lilly and Company insulin analogs Novo Nordisk drug prices GoodRx prescriptions Source Type: blogs
" It's the Rx rebates, stupid! "
Although mylast post addressed one realistic solution to an embedded problem in the U.S. healthcare system related to prescriptions of life-sustaining essentials like insulin (which isn ' t a NEW drug; it was discovered in 1921), the problem has never really been explained which is necessary when interacting with lawmakers about potential legislative solutions to the problem of runaway insulin prices. So, this post aims to be an explainer. Insulin is today a prescription medicine (it used to be OTC, and early-generations still are, but with the advent of analog insulin, the drug companies persuaded the FDA to reclassi...
Source: Scott's Web Log - September 29, 2020 Category: Endocrinology Tags: Food and Drug Administration Drug Channels FDA insulin legislation price caps price-caps rebate reform rebates Source Type: blogs
" It's the Rx rebates, stupid! "
Although mylast post addressed one realistic solution to an embedded problem in the U.S. healthcare system related to prescriptions of life-sustaining essentials like insulin (which isn ' t a NEW drug; it was discovered in 1921), the problem has never really been explained which is necessary when interacting with lawmakers about potential legislative solutions to the problem of runaway insulin prices. So, this post aims to be an explainer. Insulin is today a prescription medicine (it used to be OTC) and there are only a handful of manufacturers worldwide. That is the root of the problem, but not due to a lack of competitio...
Source: Scott's Web Log - September 29, 2020 Category: Endocrinology Tags: Food and Drug Administration Drug Channels FDA insulin legislation price caps price-caps rebate reform rebates Source Type: blogs
More Games With U.S. Insulin Prices and Coupons
This week, I did something unplanned: I bought 2 vials of Lilly ' s " authorized generic " of its brand-name U-100 insulin analog branded as Humalog (insulin lispro rDNA origin) at my neighborhood Walgreens. The reason it was unplanned is because I already met the deductible for my insurance plan, so I hadn ' t expected to deal with this until it resets in January. But I had a script I last filled before I met the deductible, and the pharmacy sent a text telling me it was time to refill. In reality, I have insulin but its a different brand and a different pharmacy. But Walgreens wants a sale so it was telling me it is time...
Source: Scott's Web Log - September 23, 2020 Category: Endocrinology Tags: Admelog Drug Channels drug prices GoodRx Humalog insulin Lilly prescriptions rebates Sanofi Source Type: blogs
More Games With U.S. Insulin Prices and Coupons (or why GoodRx works)
This week, I did something unplanned: I bought a vial of Lilly ' s " authorized generic " of its brand-name U-100 insulin analog usually branded as Humalog (insulin lispro rDNA origin) at my neighborhood Walgreens for just $68.38! The reason it was unplanned is because I already met the deductible for my insurance plan, so I hadn ' t expected to deal with this until it resets in January (maybe, I think my new plan covers it without having met the deductible but we ' ll see). But I had a script I last filled before I met the deductible, and the pharmacy sent a text telling me it was time to refill. In reality, I have i...
Source: Scott's Web Log - September 23, 2020 Category: Endocrinology Tags: Admelog Drug Channels drug prices GoodRx Humalog insulin Lilly lispro prescriptions rebates Sanofi Walgreens Source Type: blogs
