Great video feature in today's NYT!

#1

Really hard hitting piece on insulin price gouging today:

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#2

Powerful. The big three insulin manufacturers in the US are so over-the-top greedy, they are sorely in need of some adult supervision. When will the outrage reach a critical mass and lead to the obvious regulation needed. The so-called “free market” has failed us entirely.

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#3

Very compelling piece.

I’m not holding my breath waiting for congressional action after the recent hearings. The representatives had their ‘day in the sun’ brow-beat the insulin manufacturers and PDM’s in public. They’ve extracted the PR they need by showing outrage and concern. I can only hope urgent action is going on in the background.

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#4

You want to get really angry? Look who is setting prices! The PBMs, aka Pharmacy Benefit Managers. They started out about 25 years ago as electronic claims processors and now, almost entirely control EVERYTHING that does on in pharmacies, and they’re almost completely unregulated. They literally set prices in ALL pharmacies, chains and indies, across the land. And they do not play fair either. This group should be federally investigated but more people need to be aware! Ask your pharmacist about PBMs! Bet you won’t get a nice answer. It will blow your mind. My state, Alaska, is preparing legislation to get a handle on this out of control hidden cost to our drugs. IT’s almost like they’re the “Mafia of the Rx Drug Market.”
https://www.statnews.com/2018/08/27/pharmacy-benefit-managers-good-or-bad/

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#5

Thanks for posting.

#6

Quit your hysterical whining New York Times…

Walmart sells insulin over-the-counter for $25 a vial… Novalin R, Novalin NPH etc. Diabetics, even those who are uninsured and in poverty can survive and thrive very nicely on R and NPH insulins and can afford Walmart’s prices.

#7

R and NPH is like going back to outhouse toilets with holes in the ground filled with lime and spiders.

Why should diabetics go back to hard to control methods while big pharma is greedily gobbling up dollars? It is not as though the cost of producing insulin is sky high and difficult. It is not!

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#8

The New York Times movie whined about desperate diabetics having to buy from street-pushers, having to go over the border to buy insulin, and being bankrupted by needing to buy insulin.

The “R” and “NPH” insulins are able to control diabetes just as well as the latest types of insulin and diabetics will live just as long under insulin therapy using “R” and “NPH” as they will under Toujeo, Humalog, Lantus, Levamir, Tresiba etc. It takes careful blood sugar monitoring and scheduling of meals to control your diabetes no matter what type of insulin you take.

Hysterical videos with people whining “I’m going to die and/or go bankrupt because of ‘big pharma’” is meant to do nothing more than arouse hysteria and mob anger at the pharmaceutical companies and pharmacy marketeers. These parties may be corrupt and evil etc but the “I need Toujeo or else I die” garbage is just not accurate or fair. Sorry, use NPH and buy a $10.00 ReliOn meter and $20 for a hundred strips, test your blood, find out your “peak” schedule, and live with it.

I’m a large animal veterinarian who pays for my Obamacare health plan on my own, and who has tight control over my diabetes using Humulin “R” and “NPH” and up till a couple of months ago, solely controlled my diabetes using the ReliOn meter (I now have a Dexcom G6). Nobody is too poor to control their diabetes with care and monitoring whether they have insurance or not.

#9

I agree that the media goes overboard on a lot of subjects with a great deal of drama and histrionics. That said, have you started to dig your very own outdoor privvy and gotten oil lamps (ala Amish) to go with your self-imposed R and NPH?

I am a large animal owner and when my animals get old and arthritic, I don’t work them anymore (not even lightly like I did during their productive years) and I do give them expensive Equioxx to temper their joint pain. If I am not mistaken, Merck took Vioxx off the human market and now sells it through vets for large animal use as Equioxx. Should I go back to bute that caused stomach ulcers?

#10

PBMs also benefit by the list price being insanely inflated so they can “negotiate” to their agreed rate and take a percentage of the reduction as part of their fee. PBMs are indeed one of the biggest flaws in our very broken system.