Dr. Stephen Phinney and others say that to consider the impact of carbs and protein in relation to insulin, take the carbs in grams and 1/2 the protein in grams, so this means that protein has 1/2 the impact of carbs.
What they donāt say and where I think there might be some flexibility in this is whether or not the protein grams should only be from those above whatās needed for maintaining lean body mass (LBM) since whatever is below that isnāt likely to be burned for energy or stored as fat.
Since Dr. Phinney doesnāt mention considering protein in excess, itās probably just the level of amino acids in the blood from the proteins regardless of whether or not they are burned, stored, or used for LBM, so thatās what I use to determine the impact of protein.