Good news for those looking for a cheaper way to manage diabetes: Walmart will launch its own brand of insulin, and says it ll be affordable and more accessible.
For those who don t know, diabetes is a condition where the body doesn t break down the food we eat properly to produce the energy we need. The pancreas produces insulin which helps glucose get into our cells, and those with diabetes have issues with that process, either because the pancreas doesn t produce enough insulin or the body has trouble with the insulin it does produce.
There is Type 1 diabetes, which the CDC says accounts for 5% to 10% of all cases, and Type 2 diabetes, which accounts for 90% to 95% of all cases. As of 2020, the CDC says just over 1 in 10 people, or 34.2 million Americans, have diabetes, with over 88 million people with prediabetes. Black Americans are 1.7 times as likely to develop diabetes as whites.
Walmart to launch its own line of insulin this week
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Walmart s new private brand of insulin could save uninsured patients up to 75%
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Walmart launches low-cost private label insulin brand
Walmart said the new brand will revolutionize the access and affordability to diabetes care by offering significant price savings on the crucial medication. Author: Erin McHugh Updated: 12:11 PM EDT June 29, 2021
WASHINGTON Walmart on Tuesday announced the launch of the first-ever private brand of analog insulin, promising a lower-cost option on a crucial drug used by millions of diabetes patients.
The Arkansas-based company said the new brand will revolutionize the access and affordability to diabetes care by offering significant price savings on the drug.
It said the analog insulin will be available through Walmart’s private ReliOn brand with vials costing $73 and a FlexPen costing customers $86. Walmart said its products and prices will save customers between 58% to 75% off the cash price of branded analog insulin products.
Walmart to launch its own line of insulin this week
Walmart.
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and last updated 2021-06-29 21:19:17-04
Walmart is launching its own private brand of insulin for patients with diabetes.
On Tuesday, the company said its ReliOn brand of insulin products would include analog insulin vials, which will cost $72.88, and FlexPen costing $85.88, which will be used to administer the doses.
Walmart said their product would cost between 58% and 75% less than the price of other brands.