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U.S. Insulin Costs Nearly Doubled From 2012 to 2016

posted by chromas on Wednesday January 23 2019, @10:24AM   Printer-friendly
from the stop-being-poor dept.

takyon writes:

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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  • (Score: 2) by Azuma Hazuki on Wednesday January 23 2019, @11:28PM (2 children)

    by Azuma Hazuki (5086) on Wednesday January 23 2019, @11:28PM (#790911) Journal

    Because politicians who are against it mess it up. You may as well say there's no point to having a lock on your door because a criminal can mess it up with, for example, a can of liquid N2 and a good swift kick.

    Of course I know what you were really trying to say/do here, but it doesn't work, so I'm replying to vaccinate anyone unfortunate enough to read your bullshit against the stinkin' thinkin' in your post. FOaD, post-haste.

    --
    I am "that girl" your mother warned you about...
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  
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  • (Score: 0) by Anonymous Coward on Wednesday January 23 2019, @11:39PM (1 child)

    by Anonymous Coward on Wednesday January 23 2019, @11:39PM (#790917)

    You may as well say there's no point to having a lock on your door because a criminal can mess it up with, for example, a can of liquid N2 and a good swift kick.

    Not a good analogy. It isn't inevitable that someone is going to break the lock. It is inevitable that politicians will mess up whatever it is they try to do and make it 10x more expensive than it needs to be (at least in the US).

    • (Score: 2) by hendrikboom on Friday January 25 2019, @02:54PM

      by hendrikboom (1125) on Friday January 25 2019, @02:54PM (#791780) Homepage Journal

      What is it about the US that ensures that politicians will mess up whatever it is they try to do and make it 10x more expensive than it needs to be?

      Is it something in the constitution that has this effect?

      -- hendrik