Maine AG Secures Insulin Price Cap Settlement

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  • Maine AG Aaron Frey announced a settlement with Sanofi-Aventis U.S. LLC to resolve allegations that the pharmaceutical company’s deceptive pricing policies resulted in underinsured and uninsured patients to pay higher list prices for insulin.
  • According to the AG’s office, Sanofi will cap out-of-pocket insulin costs at $35 per month for Maine consumers through 2029.  The company also agreed to launch an enrollment message program to notify pharmacists when patients qualify for lower-cost alternatives.
  • The AG’s office urges consumers to ask their pharmacists about their eligibility for low-cost insulin when filling prescriptions.
  • Other AGs have negotiated similar insulin price caps with pharmaceutical companies, including Minnesota AG Keith Ellison and New York AG Letitia James.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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