• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Price of insulin more than doubled over five years

TU Curmudgeon

B.A. (Sarc), LLb. (Lex Sarcasus), PhD (Sarc.)
DP Veteran
Mar 7, 2018
Reaction score
Lower Mainland of BC
Political Leaning
From CBS News

Price of insulin more than doubled over five years

The cost of insulin for Type 1 diabetics has almost doubled over a five-year period, highlighting the financial strain that many diabetics face when paying for treatment.

Type 1 diabetics spent about $5,700 a year on the life-saving drug in 2016, up from about $2,900 in 2012, according to a new analysis from the nonprofit Health Care Cost Institute (HCCI). The figures represent gross spending, and don't account for the impact of rebates or coupons, which can lower costs for some diabetics. By comparison, the cost of living rose about 6.5 percent during that same time period.

The surge in insulin prices has sparked outrage but also caused some diabetics to cut back on insulin usage, a practice that doctors warn against. More than one-quarter of people with diabetes who participated in a study last year said they had skimped on the drug because of its rising cost.

"There has been a flurry of news reports sharing stories of individuals with diabetes rationing their insulin because they cannot afford higher and higher prices," HCCI wrote in the report. "These anecdotes are consistent with findings of researchers documenting price increases on diabetic therapies, specifically insulin, over the last several years."


The amount of R&D money spent, in the past five years, by the three companies which control 99% of the insulin production in the United States of America is only slightly less than the amount of money that I sent to the "Elect Karl Marx President in 2016" campaign.

Obviously they had to raise their prices slightly in order to recoup that massive expenditure.

Top Bottom