Today, Explained

The fight for affordable insulin

4 snips
Mar 6, 2023
Dylan Scott, a senior correspondent at Vox, dives into the insulin pricing crisis that has left many Americans in despair. He details the heartbreaking stories behind skyrocketing costs, including the tragic loss of lives due to unaffordability. Scott discusses Eli Lilly's landmark decision to cap insulin prices at $35, examining its impact on patients and ongoing protests. The conversation highlights the historical context of insulin's discovery versus its current monopolized pricing, shedding light on the urgent need for healthcare reform.
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ANECDOTE

Antavia's Story

  • Antoinette Worsham's daughter, Antavia, died after rationing unaffordable insulin.
  • Many Americans face the impossible choice between rent, car payments, or essential medication.
INSIGHT

Price Cap Impact

  • Eli Lilly's $35 insulin price cap matches the Inflation Reduction Act's Medicare provision.
  • This voluntary cap extends the same benefit to privately insured and uninsured individuals.
INSIGHT

Insulin Price Disparity

  • Insulin costs about $10 to produce, yet was sold for up to $250 a month.
  • The warped U.S. pharmaceutical market allowed this price disparity.
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