The price of insulin was also never set at $400, though many paid about this much. The price a person pays for insulin depends on a variety of factors, including what type of insulin they are using, insurance status and whether they're eligible for a rebate from the drugmaker, according to NBC News. While estimates vary, one government study published in December 2022 reported that in 2019, the average insulin user with private insurance spent $456 on insulin annually, while those with Medicare spent $449 a year and those without health insurance paid $996, comparatively.
