this post was submitted on 01 Jan 2024
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More Americans with diabetes will get a break on their insulin costs in 2024.

Sanofi is joining the nation’s two other major insulin manufacturers in offering either price caps or savings programs that lower the cost of the drugs to $35 for many patients. The three drugmakers are also drastically lowering the list prices for their products.

The moves were announced in the spring, but some didn’t take effect until January 1.

Drugmakers have come under fire for years for steeply raising the price of insulin, which is relatively inexpensive to produce. The inflation-adjusted cost of the medication has increased 24% between 2017 and 2022, and spending on insulin has tripled in the past decade to $22.3 billion in 2022, according to the American Diabetes Association.

Some 8.4 million Americans rely on insulin to survive, and as many as 1 in 4 patients have been unable to afford their medicine, leading them to ration doses – sometimes with fatal ramifications, according to the association.

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[–] _number8_@lemmy.world 71 points 1 year ago (4 children)

Some 8.4 million Americans rely on insulin to survive, and as many as 1 in 4 patients have been unable to afford their medicine, leading them to ration doses – sometimes with fatal ramifications, according to the association.

imagine reading this in a history textbook. what would you think about this empire

[–] pulaskiwasright@lemmy.ml 22 points 1 year ago (2 children)

People play cyberpunk games and watch cyberpunk movies with stories just like this and manage to miss the fact that we already live this way.

[–] KpntAutismus@lemmy.world 5 points 1 year ago (1 children)

we already have mass surveillance, now the government just needs to take over.

now insecure cybernetic implants just need to happen, and with how neuralink is going, we're almost done.

[–] A_Random_Idiot@lemmy.world 2 points 1 year ago

I mean, Neuralink is just gonna end up with a whole lot of dead people. Not a lot to surveil from corpses.

[–] lud@lemm.ee 1 points 1 year ago

Cyberpunk is supposed to be and look cool too and not just be a boring dystopia.

[–] FlashMobOfOne@lemmy.world 10 points 1 year ago

It's always a bummer to me to see a headline like the one in this post and we're supposed to feel good about it. Obama had a supermajority. It didn't have to be this way.

[–] Rinox@feddit.it 8 points 1 year ago* (last edited 1 year ago) (1 children)

Most if not all empires were built on slavery and oppression.

[–] kool_newt@lemm.ee 1 points 1 year ago

I'd say all -- this leads me to believe empire in and of itself is the problem. People don't voluntarily become subjects.

[–] WhyDoYouPersist@lemmy.world 3 points 1 year ago

Barbarianism, but elevated

[–] wildcardology@lemmy.world 32 points 1 year ago (1 children)

Still too much. Insulin in my country is around $10+. And it's a third world country.

[–] A_Random_Idiot@lemmy.world 24 points 1 year ago (1 children)

Yeah, exactly.

Insulin costs like 2 bucks a vial to make.

even 35 dollars is an egregious rip off.

[–] GrundlButter@lemmy.dbzer0.com 11 points 1 year ago (2 children)

It seems like a compromise price, though it should be free or near free at the point of "purchase" in any first world nation. The sheer fact that it was controversial to even compromise at $35 and still allow a hefty profit on a medicine you would die without is a testament to how fucked up American healthcare has become.

[–] A_Random_Idiot@lemmy.world 10 points 1 year ago (1 children)

American Healthcare has been fucked up since insurance became standard and expected

Insurance is what allowed greed to explode in the industry. Its why you get charged 90 dollars for an a single asprin. Its why everything is fucked up, and its ruined the entire medical field for anyone who has no insurance or bad insurance.

[–] dan1101@lemm.ee 1 points 11 months ago

Also why ambulance rides went from always free to costing thousands of dollars. Localities figured out they could bill insurance for them.

[–] Rapidcreek@lemmy.world 28 points 1 year ago

Thanks, Joe.

[–] joeyv120@ttrpg.network 24 points 1 year ago (2 children)

Affordable health care for all is the future liberals want.

[–] A_Random_Idiot@lemmy.world 9 points 1 year ago* (last edited 1 year ago) (1 children)

and republicans act like is the most horrific, obscene, unfathomably evil thing that ever existed, the mere notion that the poors can afford healthcare.

but then again, they are also a bunch of fucking pedophile baby fuckers that want to block the epstein list from going public because it personally incriminates them.

[–] joeyv120@ttrpg.network 2 points 1 year ago

Beep boop. No lies detected.

[–] Maeve@kbin.social 2 points 1 year ago

And leftists continue our push for single payer with zero copsy.

[–] queermunist@lemmy.ml 17 points 1 year ago (1 children)

Insulin should be free, fuck off.

[–] NaibofTabr@infosec.pub -2 points 1 year ago (2 children)

It does require time, effort and resources to manufacture, and on top of that there's a regulatory system for quality checking so that nobody gets poisoned by a faulty batch, which is more time, effort and resources.

Some cost is reasonable. Price gouging is unreasonable and greedy. Free is also unreasonable and would create a risk of low production quality.

[–] Earthwormjim91@lemmy.world 39 points 1 year ago (2 children)

When people say free, they don’t mean completely free. They mean free at point of use for the patient, with the system funded by tax dollars like every other first world nation.

An example in the US would be the military. If you are in the military, either active or reserves, and need a prescription then it’s 100% free to you if you pick it up at a military pharmacy. That doesn’t mean that the manufacturer of the prescription is eating the cost, it means the federal government is using tax dollars to pay that on the back end and the military patient doesn’t pay out of pocket for it.

We could do that on a national scale for cheaper than what we collectively pay now for healthcare.

[–] NaibofTabr@infosec.pub -2 points 1 year ago

We could do that on a national scale for cheaper than what we collectively pay now for healthcare.

I completely agree with you, it is absolutely technically possible. We could direct all of our resources with more care.

It will never happen in the real world. It would require at least half the population to be willing to sacrifice their own self-interest in the short term in order to benefit society as a whole in the long term. One is immediate and tangible, the other is abstract and ephemeral.

[–] intensely_human@lemm.ee -3 points 1 year ago (1 children)

I don’t think I should have to pay for others’ insulin. It’s great that our civilization has found a way to help diabetics live longer than they naturally would. In return for that, those diabetics can trade some of their money for it.

I pay $175 every three months to see a psychiatrist. I also pay for my medication.

I am extremely thankful that I have this option. I would far rather work a few more hours a month to be a functional person. That is a good deal. I don’t need anyone else to pay for it and I am extremely grateful to be born into a society that provides this stuff that I can trade my own work for.

[–] H4mi@lemm.ee -1 points 1 year ago (3 children)

Do you think you should pay taxes for firefighters? If so, what’s the difference in your opinion?

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[–] queermunist@lemmy.ml 3 points 1 year ago* (last edited 1 year ago) (3 children)

🙄

The time, effort, and resources could be handled by a public industry that produces a public good. There's no reason for it to be privatized.

[–] lud@lemm.ee 1 points 1 year ago (15 children)

It can absolutely be privatised as long as some government body handles negotiations.

Letting the private sector compete for public contracts can often reduce prices and make production more efficient. It needs to be handled well of course.

It works pretty well here. The government negotiate the prices for medication to reasonable levels and every individual has a medication price cap that gradually reduces the price for medication until they are completely free (fully subsidised). After 12 months the price cap resets and the prices go up to normal. The price cap is set at ≈230 EUR.

Apparently insulin is always free and so are some other stuff.

Obviously this only applies to prescriptions.

IMO a great system is a mix of both a strong private sector and a strong public sector with non corrupt governmental oversight.

[–] LarryTheMatador@sh.itjust.works -1 points 1 year ago

Mmmmmm. Flavorade.

[–] NaibofTabr@infosec.pub -3 points 1 year ago

non corrupt governmental oversight

I mean, we could just wish for a unicorn pony that shits glitter and barfs rainbows while we're at it.

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[–] the_q@lemmy.world 11 points 1 year ago

Not good enough.

[–] BlackPenguins@lemmy.world 5 points 1 year ago* (last edited 1 year ago) (1 children)

I remember Trump saying he was going to do this during his presidency and my parents who are trump fans are like "well Biden didn't do this, Trump got it started and he took the credit". Which I don't believe for a second. So what exactly happened to Trump's original plan? I assume it only benefited the rich or something like all his plans and Biden scrapped it to replace it with something better?

[–] JustARaccoon@lemmy.world 6 points 1 year ago (1 children)

If it's a good thing, Trump started it, if it's a bad thing, Biden did it

[–] gAlienLifeform@lemmy.world 4 points 11 months ago

The whole argument is absurd because neither one did anything, the companies themselves did this voluntarily and can switch it back at any time because there's no federal statute or regulation to stop them

[–] 520@kbin.social 4 points 1 year ago

The price gouging should never have been allowed to happen but I'm glad shit's being done about it.

[–] BobGnarley@lemm.ee 2 points 11 months ago

Fucking go after the predatory practices of the private insurance companies and make actual change. This rebate shit thats making this happen will be overturned as soon as the only other party that ever wins gets in there. Seriously, its all so fucking exhatusting nothing actually changes ever.

[–] beebarfbadger@lemmy.world 2 points 11 months ago

Won't SOMEBODY think of the poor, poor price gaugers?

The best thing about lemmy is that one almost doesn't even need a /s here.

[–] CaptainHowdy@lemm.ee 1 points 1 year ago

I'm curious as to why these companies are doing this. The article isn't clear. It does mention "public pressure" but that's never really stopped a company, especially if they are making crazy profits, from continuing to make those profits. Big pharma doesn't just stop over charging out of the goodness of their hearts.

Is there some new regulation or foreign competitor behind this?

[–] BigMacHole@lemm.ee 0 points 1 year ago

BOOO! That's not the FREE MARKET!

-Pro Life Republicans

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