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 75 points 8 months 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 26 points 8 months 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 6 points 8 months 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 8 months 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 8 months ago

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

[–] FlashMobOfOne@lemmy.world 14 points 8 months 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 8 months ago* (last edited 8 months ago) (1 children)

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

[–] kool_newt@lemm.ee 1 points 8 months 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 8 months ago

Barbarianism, but elevated

[–] wildcardology@lemmy.world 34 points 8 months 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 26 points 8 months 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 12 points 8 months 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 11 points 8 months 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.

[–] GrundlButter@lemmy.dbzer0.com 4 points 8 months ago (1 children)

No arguments there. I sit with an insurance plan my company pays 100% of, which is over $600/mo. The insurance company provides no co pay. I pay 100% of doctors visits until I meet the $3200 deductible per visit. And that's if they are in network, the deductible is double that if it's out of network, like say with the medical provider that controls 80% of the doctors in the area. Anthem/Elevance is beyond awful.

They have destroyed and inflated the cost of care, and provide "insurance" that only pays in the event of catastrophic care. It's a complete scam.

[–] Got_Bent@lemmy.world 2 points 8 months ago

I have eleven thousand dollars in my health savings account. In theory, that will allow me to get sick two times. That's it. That's what I get. And I don't believe I'll even get that. Insurance finds a way to deny everything.

[–] dan1101@lemm.ee 1 points 8 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 32 points 8 months ago

Thanks, Joe.

[–] xc2215x@lemmy.world 26 points 8 months ago

Great to see for Americans.

[–] joeyv120@ttrpg.network 25 points 8 months ago (1 children)

Affordable health care for all is the future liberals want.

[–] A_Random_Idiot@lemmy.world 11 points 8 months ago* (last edited 8 months 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 4 points 8 months ago

Beep boop. No lies detected.

[–] the_q@lemmy.world 11 points 8 months ago

Not good enough.

[–] BlackPenguins@lemmy.world 7 points 8 months ago* (last edited 8 months 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 7 points 8 months ago (1 children)

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

[–] gAlienLifeform@lemmy.world 3 points 8 months ago (1 children)

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

[–] ReluctantMuskrat@lemmy.world -2 points 8 months ago

You didn't read the article did you?

They cite multiple factors but the largest seems to be a change to the way Medicare rebates are paid. Starting Jan 1st, this move allows them to pay less rebates to Medicare based on how they're calculated and will save the companies millions. So yes... it's actually directly based on the Biden administration changes.

[–] beebarfbadger@lemmy.world 2 points 8 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.

[–] BobGnarley@lemm.ee 2 points 8 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.

[–] CaptainHowdy@lemm.ee 1 points 8 months 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 8 months ago

BOOO! That's not the FREE MARKET!

-Pro Life Republicans