NEWS COMMENTARY

Walmart's low-cost insulin promises to revolutionize insulin access and affordability for diabetic patients in U.S.

Published:
July 02, 2021
Last Updated:
July 02, 2021
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Truly disruptive

Insulin prices are more than eight times higher in the U.S. than in 32 high-income nations. Insulin's out-of-pocket (OOP) costs also continue to rise in the U.S., although net costs to pharmacy benefit managers (PBMs) are dropping. These facts underscore the grim reality for more than 10 million Americans who are insulin-dependent diabetics, where OOP costs are a major expense, even if insured. Walmart's brand of analog insulins is projected to save customers 58% to 75% compared to branded insulin products. Walmart is poised to become a major player in the U.S. diabetes market. Clients, now is the time to engage with Walmart, as it will most certainly be looking to build an integrated digital ecosystem, as Roche did in India.

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