Insulin drops from $700 a month to $48 a month thanks to Donald Trump!!!
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It's not across the board, just some types of insulin. Other types of insulin are still crazy expensive. Read the EO , very happy for those that are benefitting but lots of others need help. One of my friends on Medicare was hoping for the reduction but he just refilled at $700 out of pocket for his monthly supply. Big Pharma will always run around the end.
Sure, anything under patent, the drug companies can still charge whatever they want. Generics that there are multiple sources for are no longer able to skirt antitrust laws to "coordinate" prices.
Are people really spending $700/month out of pocket on insulin? That's just not right, morally I mean.
They have a choice to inject insulin that's been around a lot longer and is cheaper, but most taking the stuff that is that expensive have the means and good insurance coverage, which brings it down to around $400 or so a month.
The newer stuff allows a Type 1 diabetic to eat a meal and dose up to 20 minutes after eating and that's it. This is opposed to testing blood sugar before eating, taking an injection if it's too high, waiting 30 minutes to eat, and then closely monitoring blood sugar levels after the meal in case a 2nd injection is needed. The older insulins are more economical but a huge hassle if they can be avoided.
I had no idea...do you happen to know how that new stuff works? How's that possible?