Insulin pen

Sen. Bernie Sander’s new bill will cap drug prices to what Eli Lilly’s Humalog cost when it was first released in 1996.Photo: Spencer Platt (Getty Images)On Thursday, Vermont Sen. Bernie Sanders and a gaggle of Democrats introduced a new bill that would cap insulin drug prices to just $20 per vial no matter which company is making it.The bill, called the Insulin for All Act of 2023, caps the price at what the major pharmaceutical company Eli Lilly originally setfor a month’s supply of its insulin treatment Humalog back…

Image: Daniel Beckemeier (Shutterstock)An Insulin drugmaker announced it is making its drug more affordable for some diabetics and is capping the out-of-pocket cost at $35 per month. Eli Lilly is making Insulin immediately available to seniors on Medicare. It’s welcome news to the many Americans who rely on insulin, as the cost of care has soared in recent years.The company is automatically applying the price cap for Insulin to seniors who have private insurance and those without can sign up for Eli Lilly’s copay…