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U.S. insulin costs per patient nearly doubled from 2012 to 2016, study finds
The cost of insulin for treating Type 1 diabetes in the United States nearly doubled over a recent five-year period, underscoring a national outcry over rising drug prices, according to a new analysis.
A patient with Type 1 diabetes incurred annual insulin costs of $5,705, on average, in 2016. The average cost was roughly half that, at $2,864 per patient, in 2012, according to a report released on Tuesday by the nonprofit Health Care Cost Institute.
The figures represent the combined amount paid by a patient and their health plan for the medicine and do not reflect rebates paid at a later date.
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U.S. Insulin Costs Nearly Doubled From 2012 to 2016
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I consider the day misspent that I am not either charged with a crime,
or arrested for one.
-- "Ratsy" Tourbillon
(Score: 2) by Phoenix666 on Wednesday January 23 2019, @04:44PM (2 children)
Get an entire nation to give up healthy diets in favor of obesity- and diabetes-inducing alternatives. Reap profits.
Get the fat, sedentary couch potatoes to give up reading and crafts in favor of TV-, movie- and video-watching activities. Reap profits.
Completely muddy the waters of exercise and diet to treat obesity and diabetes by funding countless contradictory studies and medicate the problem instead. Reap Profits.
Jack up prices of insulin that is the last option for those sufferers hoping to avoid amputations and death. Reap profits.
Last up, find some way to amp up the costs of funeral services beyond the already sky-high levels. Reap profits.
Washington DC delenda est.
(Score: 3, Informative) by stretch611 on Wednesday January 23 2019, @05:20PM (1 child)
Type I Diabetes has no relationship whatsoever to diet and exercise. While you are attempting to blame big business, they are not the problem in this case. In fact heredity has a lot to do with this.
Type 2 Diabetes can be related to diet and exercise, but even that is not the full story as that also has a lot to do with heredity. Not to mention, but most Type 2 diabetics do not require insulin. (At least not initially.) However, the drug prices for type 2 diabetes can make insulin look cheap. (And if the diabetes progresses, type 2 diabetics will require insulin.)
Now with 5 covid vaccine shots/boosters altering my DNA :P
(Score: 0) by Anonymous Coward on Wednesday January 23 2019, @06:51PM
We know the cure for type 1 diabetes, people just find it distasteful.