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The Goodman Institute Health Blog

California is Going to Make its own Insulin

Posted on July 22, 2022 by John C. Goodman

California Gov. Gavin Newsom – PHOTO: TOM WILLIAMS/ZUMA PRESS

Gov. Gavin Newsom says California will spend $100 million to develop low-cost insulin and build an in-state manufacturing facility. They may be disappointed in the result. The Wall Street Journal notes that:

For every $100 in spending on insulin in 2018, manufacturers received $46.73. The rest went to pharmacy benefit managers ($14.36), insurers ($10.40), pharmacies ($20.42) and wholesalers ($8.09), according to a study last year in the Journal of the American Medical Association….

The JAMA study estimated that the average list prices of 32 insulin products increased 40.1% between 2014 and 2018 while the amount that manufacturers received fell by 30.8%. Drug makers aren’t the problem.

JAMA study

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For many years, our health care blog was the only free enterprise health policy blog on the internet. Then, when the NCPA closed its doors, the health blog stopped as well.

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John C. Goodman,

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