CMS To Announce Insulin Price Cuts For Consumers As Early As Next Week

CMS will announce as early as next week an agreement to lower the cash price of insulin for beneficiaries who choose to buy the drugs without their insurance, according to a source familiar with the plan. The president promised on May 30 that drug companies would voluntarily lower drug prices by next week, but it’s not clear that the insulin-price announcement is what the president referenced. Lobbyists say HHS Secretary Alex Azar in recent weeks has been calling brand drug...