Eli Lilly is lowering the cost of its insulin. Lilly says that it will be lowering the price of insulin it produces by 40-percent — starting Jan. 1, 2022.

They say that would essentially bring its price for insulin back to what it was back in 2008.

Breaking it down further — Lilly’s Lispro insulin injection will be $82 for an individual vial and almost $160 for a pack of five injection pens. But that’s without insurance. Anybody with a prescription for insulin with insurance for Lispro will be paying only $28 out-of-pocket — regardless of the number of vials you can get.