{"id":7870,"date":"2020-01-27T13:00:04","date_gmt":"2020-01-27T18:00:04","guid":{"rendered":"https:\/\/www.singlecare.com\/blog\/?p=7870"},"modified":"2026-05-08T16:02:32","modified_gmt":"2026-05-08T20:02:32","slug":"insulin-prices","status":"publish","type":"post","link":"https:\/\/www.singlecare.com\/blog\/insulin-prices\/","title":{"rendered":"Insulin prices: How much does insulin cost?"},"content":{"rendered":"

Insulin is a hormone produced by the body to help regulate blood sugar levels. People with <\/span>Type 1 diabetes<\/span><\/a> can’t produce their own insulin, so they need insulin injections to survive. Many people with <\/span>Type 2 diabetes<\/span><\/a> also need insulin to stay healthy as the condition progresses.<\/span><\/p>\n

Unfortunately, the cost of insulin has long been an issue. The good news is that recent legislation and market competition have made this prescription drug more affordable for many Americans.<\/span><\/p>\n

What’s changed with insulin prices recently?<\/span><\/h2>\n

Since 2020, the average cost of <\/span>insulin<\/span><\/a> has dropped dramatically. The changes can be traced to approval of <\/span>biosimilars<\/span><\/a> and generics, as well as new federal and state-regulated price caps.\u00a0<\/span><\/p>\n

Price caps<\/span><\/h3>\n

Legislation is always changing, but recent changes have helped lower insulin costs for many Americans and U.S. residents:<\/span><\/p>\n