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Friday, April 15th, 2016

Cost of Insulin Rises Threefold in Just a Decade: Study

Author:     Serena Gordon
Source:     U.S. News & World Report
Publication Date:     April 5, 2016, at 12:00 p.m.
 Link: Cost of Insulin Rises Threefold in Just a Decade: Study
Stephan:   As you read this report please bear in mind the article I ran the other day about the Type II Diabetes epidemic. If you chart the increase in incidence of disease, with the increase in price you will see a strong correlation. This is proof of what I keep saying: The United States does not have a healthcare industry it has an illness profit industry; wellness is a secondary consideration because illness is often more profitable than wellness in our system.

www.usnews.comAmericans with diabetes who rely on insulin to keep their blood sugar levels in check are facing sticker shock: A new study finds the price of insulin has tripled in only 10 years.

Moreover, since 2010, per-person spending on insulin in the United States was more than spending on all other diabetes drugs, the study found.

 “The cost of insulin has risen rapidly over the last few years,” said study senior author Philip Clarke, a professor of health economics at the University of Melbourne in Australia. Clarke added there should be an assessment to see whether this price hike is justifiable in terms of improved clinical outcomes.

One reason for the price climb, he said, is a switch from human insulins to analog insulins, which cost more but may offer additional benefits. Also, doctors are more apt to prescribe insulin for people with type 2 diabetes now, Clarke added.

Findings from the new study are published as a letter in the April 5 issue of the Journal of the American Medical Association.

Insulin is a naturally occurring hormone that’s necessary for the body to use the sugars found in […]

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1 Comment

  1. Rev. Dean on Friday, April 15, 2016 at 9:06 am

    Using cinnamon and chromium picolinate supplements helps my wife reduce the amount of insulin she needs to use. Many other supplements are also helpful and cost phenomenally less than insulin.