As the saying goes, the news never stops. In this weekly news roundup, we’ll cover the top news stories impacting American workplaces and communities.
1. Eli Lilly Reduces Insulin Prices by 70%, Biden Urges Others to Follow
This week, Eli Lilly and Co. (No. 5 on Fair360, formerly DiversityInc’s 2022 Top 50 Companies for Diversity list) cut prices by 70% for its most commonly prescribed insulins and expanded its Insulin Value Program, which caps expenses paid out-of-pocket at $35 or less per month.
This news comes on the heels of insulin being capped at $35 for those 65 and over who are on Medicare through the Inflation Reduction Act, which was announced toward the end of 2022.
