Why Is Insulin So Expensive In The Usa

Share on facebook

Why Are Diabetes Medications So Expensive And What Can Be Done To Control Their Cost?

Abstract PURPOSE OF REVIEW: The purposes of this study were to describe how medication prices are established, to explain why antihyperglycemic medications have become so expensive, to show trends in expenditures for antihyperglycemic medications, and to highlight strategies to control expenditures in the USA. RECENT FINDINGS: In the U.S., pharmaceutical manufacturers set the prices for new products. Between 2002 and 2012, expenditures for antihyperglycemic medications increased from $10 billion to $22 billion. This increase was primarily driven by expenditures for insulin which increased sixfold. The increase in insulin expenditures may be attributed to several factors: the shift from inexpensive beef and pork insulins to more expensive genetically engineered human insulins and insulin analogs, dramatic price increases for the available insulins, physician prescribing practices, policies that limit payers' abilities to negotiate prices, and nontransparent negotiation of rebates and discounts. The costs of antihyperglycemic medications, especially insulin, have become a barrier to diabetes treatment. While clinical interventions to shift physician prescribing practices towards lowe Continue reading >>

Share on facebook

Popular Questions

  1. Havis1938

    Friend of mine had family visit from USA and their daughter has diabetes so we were talking lot about it and I was really shocked when they told me they pay for insulin Humalog 100 units/mL 10ml vial almost 250USD without insurance.
    Well here in Slovakia I can have it for free - paid from public healthcare. I can also get all other diabetes supplies like pump, cartridges etc expect CGM for free.
    However the price that is public insurance paying instead of me for the same vial of Humalog is only 19€.
    You can even check it on this page: https://www.adc.sk/databazy/produkty/detail/humalog-100-u-ml-228842.html, where are all registered drugs here in Slovakia and on right side there is "Maximálna cena" which is maximum price for that vial.
    So I talked with few friends from other EU countries and in the most cases they have same final price +- 10€. And this is very big difference 250USD (228€) and 19€ for same vial.
    How can diabetics without insurance even afford to live in USA? I need at least 52-53 of these vials per year, so that would cost me 13000€ in USA and knowing your average wage, that would be 1/4 of your yearly average income just for insulin and not talking about other supplies.
    What is the reason behind this price difference?

  2. KerooSeta

    My opinion as an American and a U.S. history professor and not a medical or economics expert is that it's a result of a convergence of 1) Americans' general belief in free market capitalism, 2) a tradition of self-sufficiency that you can trace back to the Puritans, 3) long-standing rejection of socialism due to the 1920s Red Scare and the 1950s and onward Cold War, 4) relative economic prosperity following World War II, which meant that the people currently in charge of our country came of age at a time when things were very, very easy for most white people in our country, 5) a surge of power for the Republican Party that started in 1968 due to them making a pivot toward neoconservative politics, and 6) systemic discrimination and disenfranchisement of the poor along with a corporate media that keeps them uninformed and distracted.
    When you combine those things together, you get a country where the people in charge and a substantial number of voters lack empathy for anyone whose situation is worse than their own. If you have a good job like I do, your insulin might be as cheap as $10 a vial. These people have a hard time feeling sorry for someone who isn't so fortunate because our culture has taught them that they earned it all themselves. They don't understand how their tax dollars funded the schools and universities that helped them to get that job that gives them that insurance that makes that insulin so cheap or any of the other ways that the socialist side of our economy and government has been benefiting them their entire lives. To them, they are that rugged pioneer who carved out a bit of America through sheer hard work, and anyone who hasn't been able to do the same is just lazy.
    So, then companies can charge outrageous prices for drugs for the uninsured, because the insured will mostly not come to their defense. It's very frustrating...

  3. DeleteFromUsers

    Thanks for that description. Nice to hear something more in depth. It's as though America is currently riding its own coattails.

  4. -> Continue reading
read more close

Related Articles

  • Why Is Insulin So Expensive In The Usa

    With an estimated 30 million Americans struggling with diabetes, the disease is one of the nation’s most entrenched chronic conditions. It’s also one of the most expensive. Consider these facts: ▪ In California, roughly 55 percent of adults either have diagnosed diabetes or blood-sugar levels that put them at high risk of developing the disease. That includes roughly 1 in every 3 adults ages 18 to 39 – a finding researchers call alarming. ...

    insulin Dec 29, 2017
  • Why Is Lantus Insulin So Expensive

    A recent opinion piece in the New York Times by Kasia Lipska, an endocrinologist from the Yale School of Medicine, takes the three pharmaceutical giants who dominate the U.S. insulin market to task for their shocking price hikes. Lipska asserts that in the five-year period from 2010 to 2015, “the price of Lantus (made by Sanofi) went up by 168 percent; the price of Levemir (made by Novo Nordisk) rose by 169 percent; and the price of Humulin R U ...

    insulin Dec 23, 2017
  • Why Is Insulin So Expensive

    Why are some forms of insulin so expensive, and what happens if you can’t afford the price? Mary Clark, a realtor in Cincinnati, has grown accustomed recently to being the center of attention at the pharmacy. An independent contractor, Clark has had trouble finding affordable health insurance that covers the costs of the insulin she needs to control her Type 1 diabetes. Since 2012, she’s noticed the price she must pay out-of-pocket has increa ...

    insulin Dec 29, 2017
  • Why Are Insulin Pumps So Expensive

    Dr. Jeremy Greene sees a lot of patients with diabetes that's out of control. In fact, he says, sometimes their blood sugar is "so high that you can't even record the number on their glucometer." Greene, a professor of medicine and history of medicine at Johns Hopkins University, started asking patients at his clinic in Baltimore why they had so much trouble keeping their blood sugar stable. He was shocked by their answer: the high cost of insuli ...

    insulin Dec 29, 2017
  • Why Is Insulin So Expensive Reddit

    Insulin price spike leads to lawsuitInsulin is fast becoming a medication that only the well-insured or well-heeled diabetic can afford. With the price of insulin more than tripling in a decade, some diabetics are having to make tough choices about how to pay for the medication. In some cases, diabetics are cutting back or even going without the drug. Many of the 26 million Americans with diabetes must use insulin daily to treat the disease, or e ...

    insulin Dec 30, 2017
  • Why Are Diabetes Test Strips Expensive

    Are you wondering why people have started to sell diabetic test strips? There are a few interesting reasons. Read our article to learn all about them. The Centers for Disease Control (CDC) reports that 29.1 million people in the United States have diabetes. That’s 9.3% of the population. For those with diabetes, diabetic test strips are essential for their treatment. In “Test strip supply linked to better diabetes care” The Chicago Tribune ...

    diabetes Dec 29, 2017

Popular Articles

More in insulin