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'Medication or housing': why soaring insulin prices are killing Americans
Key Excerpts from Article on Website of The Guardian (One of the UK's leading newspapers)
Posted: September 29th, 2019
https://www.theguardian.com/society/2019/sep/23/diabetes-ame...
Jada Renee Louis of Newport News, Virginia, died on 22 June 2019 about a week after requiring emergency hospital care for diabetic ketoacidosis, a serious complication caused by a lack of insulin, and a foot ulcer. She was 24. A type 1 diabetic, Louis, who did not have health insurance coverage, couldnt afford the cost of her insulin doses and pay her rent. She chose to skip doses in order to pay her rent. Today a vial of insulin which will last 28 days once opened costs about $300 in the US. People are literally dying over $300 like my sister did. People shouldnt have to choose between medications or shelter. Thats the most outrageous decision for somebody to have to make, yet people are doing it daily, Jazmine Baldwin, Louiss sister, [said]. Price gouging of insulin and other barriers to accessing it are symptomatic of Americas broken healthcare system, diabetes advocates argue, and the resulting deaths and struggles of those with diabetes demonstrate the need for systemic reforms. Between 2012 to 2016, the average cost of insulin in the United States nearly doubled to $5,705 per year for individuals with type 1 diabetes. Production costs for a vial of insulin are estimated to cost around $5 while pharmaceutical companies charge as high as $540 per vial and Americans are dying as a result of being unable to afford it in addition to the expensive costs of medical care, and supplies such as syringes and glucose monitors. Some 1.25 million Americans are currently diagnosed with type 1 diabetes.
Note: For more along these lines, see concise summaries of deeply revealing news articles on pharmaceutical industry corruption from reliable major media sources.
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