The cost of insulin is difficult to cap but Democrats are attempting to lower the price through their social spending bill set to raise $739 billion in tax revenues.
According to the American Diabetes Association, about 11% of Americans live with diabetes. Of those, approximately 8.4 million use insulin — and for one million of them, the drug is lifesaving.
"People require insulin, it's not an option and nobody should have to decide between life-sustaining medication or food and rent," Dr. Robert Gabbay, the chief scientific and medical officer for the American Diabetes Association, told the Associated Press.The cost of insulin variesPeople with private health insurance could potentially pay hundreds of dollars a month. Most Medicare beneficiaries pay $54 per prescription.
Eli Lilly, Novo Nordisck and Sanofi are the only insulin manufacturers — allowing them to control much of the market.
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