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Desertrat56

Insulin Prices, Jimmy Anderson, Wisconsin

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Desertrat56

Jimmy Anderson
State Representative

 

Nov 25, 2019 — This past July, Senator Dave Hansen and I introduced legislation that would place a $100 cap on the monthly cost of insulin. With pharmaceutical companies tripling the cost of insulin, the need for state governments to step in to control the cost of this life-sustaining medication is obvious.

As many as 7.4 million Americans rely on insulin to survive. As of 2016, the monthly cost of insulin had risen to $450 and it is only climbing higher. Studies have found that one in four Americans are now rationing their doses or altogether skipping them because they cannot afford their prescribed amount. To continue to allow these pharmaceutical companies to put profit ahead of the health and safety of diabetic Americans cannot be tolerated.

In Wisconsin, roughly 10% of the adult population has diabetes and are struggling with medical expenses that are 2.3 times higher than for those who do not have diabetes. For diabetics, insulin is as necessary as food or water and to deny them access to this medication because it is unaffordable is immoral and unjustifiable.

Other states have already passed legislation to push back against this medical emergency. In May, Colorado capped the price of insulin at $100 per monthly copay. Wisconsin must be the next state to put a price cap on insulin and take this important step towards making insulin more affordable and accessible for all.

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Robotic Jew

This is a good start. Much more needs to be done however.

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fred_mc

As a type 1 diabetic living in Sweden, I feel sad for you who are living in countries where insulin is not free for everybody, as it is here in Sweden :-( .

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skliss
4 hours ago, fred_mc said:

As a type 1 diabetic living in Sweden, I feel sad for you who are living in countries where insulin is not free for everybody, as it is here in Sweden :-( .

My son is a type 1 diabetic. I imagine that we have quite a few more type 1 diabetic here than in Sweden. Right now we pay $75 for 3 months worth of insulin. Insurance covers the rest.

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toast

450$ month? Thats 5400$ a year! FU Novo Nordisk, FU Sanofi-Aventis, FU Boehringer Ingelheim! I have checked about the price of insulin in my country and found that the yearly costs are at 700$ (paid by health insurance of course.)

Edited by toast
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Tatetopa

One might wonder how much of the resistance to universal health  care in the US is outright fear of socialism, and how much is stoked by capitalists afraid of losing their gravy train.

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