Capitol Fax.com - Your Illinois News Radar » The fight over insulin prices
SUBSCRIBE to Capitol Fax      Advertise Here      About     Exclusive Subscriber Content     Updated Posts    Contact Rich Miller
CapitolFax.com
To subscribe to Capitol Fax, click here.
The fight over insulin prices

Monday, Jul 22, 2019 - Posted by Rich Miller

* Keith Hernandez at the DeKalb Daily Chronicle

The rising cost of insulin was not on Stacey Roman’s mind when her son Conner almost slipped into a diabetic coma last year, but now that she has learned the condition is treatable, the cost of treatment itself is her biggest concern.

“I understand you have a product and you need to make some sort of money out of it,” Roman said about the cost of insulin. “But it only costs a fraction of what they’re charging.”

The price of insulin between 2002 and 2013 about tripled for the 7.4 million Americans dependent on the hormone, according to the American Diabetes Association – a trend Roman said makes her worry for the financial future of her family.

* From Lee Enterprises Central Illinois

“Daily, I’m hearing (from patients) that the cost of managing their diabetes is increasing and not affordable,” said Paige Beal, certified diabetes educator (CDE) and registered dietitian (RD) with Advocate BroMenn Medical Center in Normal.

“Last week, I saw a client who stopped taking his insulin because he couldn’t afford it after there was a change in his insurance plan,” Beal said. “The out-of-pocket cost was too great for him. He ended up in the emergency room because he wasn’t taking his insulin.”

He was treated and his fortunes improved because he now has different insurance and can afford to take his insulin again, Beal said. But not all patient stories take a positive turn.

Paula Enstrom, a CDE and RN with Sarah Bush Lincoln Health Center in Mattoon, had a type 1 diabetes patient last year who could no longer afford insulin medicine, stopped taking it and ended up in the emergency room where he received an emergency supply.

* Pharmacy benefit managers are apparently at least partly to blame here

In order to secure market share in crowded treatment areas, drugmakers offer discounts to pharmacy benefit managers — middlemen who negotiate drug prices for health plans. Bigger rebates make the benefit managers happier, so firms have an incentive to boost prices. The result is an inflated list price for medicines such as Humalog that’s far higher than what’s actually paid in practice. The problem is, people who lack coverage, have high deductibles or pay co-insurance don’t benefit from those discounts. They’re exposed to the list price and face bruising costs at the pharmacy counter.

* Sen. Andy Manar has been especially critical of PBMs. From late May

A bill moving through Springfield would cap co-payments for insulin at $100 per month, regardless of the supply someone needs.

State Sen. Andy Manar (D-Bunker Hill) is sponsoring Senate Bill 667. If passed, Illinois would become the second state to cap insulin payments.

Studies show the price of insulin tripled between 2002 and 2013.

“In the last 20 years or so we’ve seen the price of insulin rise to outlandish levels,” said Manar in a statement. “We have a responsibility as lawmakers to help get these prices under control and make this life-saving medication more available to those who need it.”

Manar’s legislation got stuck in the Senate during the spring session. Opponents included the Illinois Retail Merchants Association, insulin maker Novo Nordisk, the Illinois Manufacturers’ Association, BlueCross BlueShield of Illinois, Eli Lilly, the Illinois Biotechnology Innovation Organization, the Illinois Insurance Association, the Illinois Life Insurance Council and the Pharmaceutical Research and Manufacturers of America.

* Related…

* Walmart’s $25 insulin can’t fix the diabetes drug price crisis: Doctors and diabetes advocates point out that while ReliOn may help patients in a pinch, especially those without health insurance, it’s also a formulation (known as “human” insulin) that came on the market in the 1980s, more than a decade before more refined insulins started to emerge. The newer insulins, known as analogs, appear to be more effective at preventing dangerous blood sugar swings in people with Type 1 diabetes or those at a higher risk for severe low blood sugar. … There’s one more problem: Because it’s available without a prescription, patients can get the drug without the supervision of a doctor, and they sometimes get into trouble as a result. So stories have surfaced about patients who required emergency care because of severe blood sugar highs and lows after self-dosing with Walmart insulin, or even dying as a result.

* The cost of insulin drives diabetics and their families to Canada

       

11 Comments
  1. - 360 Degree TurnAround - Monday, Jul 22, 19 @ 12:25 pm:

    Keith Hernandez writes for the DeKalb Chronicle? He was my favorite Cardinal baseball player growing up.


  2. - lake county democrat - Monday, Jul 22, 19 @ 12:29 pm:

    Zeesh:

    –When the Canadian scientist Frederick Banting co-discovered insulin in the early 1920s, he balked at commercializing it because it seemed unethical to profit from a critical drug. He eventually sold his share of the patent to the University of Toronto for $1, in the hope the drug would remain widely accessible.–


  3. - Anon221 - Monday, Jul 22, 19 @ 12:33 pm:

    And if you have to go on dialysis, this could happen…

    https://www.npr.org/sections/health-shots/2019/07/22/743180947/first-came-kidney-failure-then-there-was-the-540-842-bill-for-dialysis


  4. - Last Bull Moose - Monday, Jul 22, 19 @ 12:35 pm:

    Back when I studied Antitrust Law, it could be illegal to have price differences that were not justified by differences in the cost of serving different markets. Using similar logic, I could see a law fixing a ratio between the lowest and highest price for a drug.


  5. - lakeside - Monday, Jul 22, 19 @ 12:41 pm:

    Have you tried keeping your blood sugar stable with opioids? Pharma’s got plenty of those for you to try if the insulin is too dear for you.


  6. - yinn - Monday, Jul 22, 19 @ 1:13 pm:

    The underlying problem is patent monopolies, a public policy issue that could be fixed.

    http://cepr.net/blogs/beat-the-press/insulin-is-expensive-because-the-government-makes-it-expensive


  7. - Dotnonymous - Monday, Jul 22, 19 @ 2:14 pm:

    Is this an indictment of Capitalism?…if not… I wonder what?


  8. - Illini fan - Monday, Jul 22, 19 @ 2:50 pm:

    Big Pharma brought this on themselves with their price gouging. I am a capitalist through and through, but the abuses here by big Pharma and the PBM’s are pretty blatant


  9. - HelloWindsorOntario - Monday, Jul 22, 19 @ 3:34 pm:

    Actually , Dotnonymous, it’s an indictment of Crony Regulationism.


  10. - Dotnonymous - Monday, Jul 22, 19 @ 4:52 pm:

    - HelloWindsorOntario - Monday, Jul 22, 19 @ 3:34 pm:

    Actually , Dotnonymous, it’s an indictment of Crony Regulationism.

    Please explain?…I want to understand what I’m missing.


  11. - Dotnonymous - Monday, Jul 22, 19 @ 5:14 pm:

    Crony Regulationism…if that equates equally to Crony Capitalism…I agree.


Sorry, comments for this post are now closed.


* SUBSCRIBERS ONLY - Quick session update (Updated x4)
* Isabel’s afternoon roundup
* Question of the day
* Migrant shelter population down more than a third since end of January
* Tier 2 emails, calls inundating legislators
* Tax talk (Updated)
* That's some brilliant strategy you got there, Bubba
* Credit Unions: A Smart Financial Choice for Illinois Consumers
* It’s just a bill
* Open thread
* Isabel’s morning briefing
* SUBSCRIBERS ONLY - Supplement to today’s edition and a campaign update
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Live coverage
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............


Loading


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
April 2024
March 2024
February 2024
January 2024
December 2023
November 2023
October 2023
September 2023
August 2023
July 2023
June 2023
May 2023
April 2023
March 2023
February 2023
January 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
August 2021
July 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller