3 ms·
How did insulin become so expensive? It seems relatively straightforward to produce and the inputs are cheap
by tonymet 3y ago
How did insulin become so expensive? It seems relatively straightforward to produce and the inputs are cheap
- wredue 3y agoThe same way that epipen got so expensive: Executives wanted a larger bonus while lacking the ability to otherwise meet unreasonable “infinite growth” demands of the market.
- sircastor 3y agoCheap and easy controlled substances are a manufacturer’s dream. It’s expensive because we have a captive healthcare system and they can do whatever they want.
- silotis 3y agoThe cheap old varieties of insulin are still available and still cheap. What's expensive are the newer analogues which make it much easier for diabetics to manage their insulin levels.
- tonymet 3y agoThanks for explaining. I wasn’t aware that there were newer insulins with different absorption properties.
- lamontcg 3y agoSupply and demand. If you're going to die without insulin then your demand is fairly inelastic to price changes. If the producer doubles the price, then you'll pay it.
- frankreyes 3y agoGovernment regulations. It's as easy as allowing to import it from cross the border from Mexico and Canada.