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takyon [soylentnews.org] writes:

U.S. insulin costs per patient nearly doubled from 2012 to 2016, study finds [nbcnews.com]

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 [healthcostinstitute.org] 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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