US Insulin prices 8 times higher than in other nations
In 2001, Acthar sold for about $40 a vial. Today: more than $40,000. An increase of 100,000 percent.
"Medicare is not allowed to negotiate the price of drugs because of a law passed by Congress." [1]<p>26-year-old recently removed from his parent’s insurance plan, was found dead in his home because he couldn't afford $1,300 per month for insulin. [2]<p>This is basically white-collar looting. It is sad that this allowed to happen in USA.<p>[1] <a href="https://www.cbsnews.com/news/the-problem-with-prescription-drug-prices/" rel="nofollow">https://www.cbsnews.com/news/the-problem-with-prescription-d...</a><p>[2] <a href="https://www.nytimes.com/2018/06/22/well/diabetes-patients-at-risk-from-rising-insulin-prices.html" rel="nofollow">https://www.nytimes.com/2018/06/22/well/diabetes-patients-at...</a>