A vial of insulin costs $2-$6 to make. It can cost $50-$1,000 per month to buy. Most copays are $30-$50 per month, but patients often have to meet annual deductibles before that kicks in. Uninsured patients are surely unable to afford it at all. It looks like most diabetics use two vials a month. Congress’s plan caps the copay at $35 per…
A vial of insulin costs $2-$6 to make. It can cost $50-$1,000 per month to buy. Most copays are $30-$50 per month, but patients often have to meet annual deductibles before that kicks in. Uninsured patients are surely unable to afford it at all. It looks like most diabetics use two vials a month. Congress’s plan caps the copay at $35 per month.
The average OECD cost is $8.81 vs $98.70 in the US
I'm glad this article includes all the other stuff that insulin dependent diabetics need: test strips, Lance's, etc. My son says his test strips run about $100.00 a month. This is with insurance! And our representative voted against this.....
From reading all the info innthe link above, it's clear that insulin costs are very high for some not able to afford it but others have different insurances where it is less costly, just the copay. But it depends and it's complicated. And I don't understand the reasons that President Biden canceled a provision to reduce insulin costs.
A vial of insulin costs $2-$6 to make. It can cost $50-$1,000 per month to buy. Most copays are $30-$50 per month, but patients often have to meet annual deductibles before that kicks in. Uninsured patients are surely unable to afford it at all. It looks like most diabetics use two vials a month. Congress’s plan caps the copay at $35 per month.
The average OECD cost is $8.81 vs $98.70 in the US
Sources: https://www.verywellhealth.com/insulin-prices-how-much-does-insulin-cost-and-why-5081872 and https://worldpopulationreview.com/country-rankings/cost-of-insulin-by-country
I'm glad this article includes all the other stuff that insulin dependent diabetics need: test strips, Lance's, etc. My son says his test strips run about $100.00 a month. This is with insurance! And our representative voted against this.....
How infuriating!
From reading all the info innthe link above, it's clear that insulin costs are very high for some not able to afford it but others have different insurances where it is less costly, just the copay. But it depends and it's complicated. And I don't understand the reasons that President Biden canceled a provision to reduce insulin costs.
Thank you KR!