You can’t blame inflation for the cost increase. I’m not sure the link below explains why.
Just this morning I was listening to AM “talk radio” and someone said her husband’s two insulins cost $1,400/month (USD). That’s ridiculous. He was between jobs and had lost his health insurance that had been paying for insulin.
If you’re worried about the cost of insulin, you can take action today to reduce your required dose: lose the excess weight, eat fewer carbohydrates, improve your insulin sensitivity with exercise.
“The cost of the hormone insulin, one of the most important treatments for diabetes, rose nearly 200 percent between 2002 and 2013, according to a new study.
While other diabetes medications also increased in price, total spending on insulin in 2013 was greater than the combined spending on all those other drugs, researchers report in JAMA.
“The large increase in costs can largely be explained (by) much greater use of newer types of insulin known as analog insulins,” said senior author Philip Clarke, of the University of Melbourne in Australia. “While these drugs can be better for some patients, they are much more costly than the human insulin they replaced.”
Source: Insulin cost in U.S. more than doubles between 2002-2013 | Reuters
Steve Parker, M.D.