More than 1 3 million Americans ration insulin due to high cost Drug Prices Insulin

More than 1 3 million Americans ration insulin due to high cost Drug Prices Insulin

More than 1 3 million Americans ration insulin due to high cost Drug Prices - Insulin HEAD TOPICS

More than 1 3 million Americans ration insulin due to high cost

10/22/2022 12:25:00 PM

U S insulin prices tend to be five to 10 times higher than those in 32 other high-income countries

Drug Prices Insulin

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Axios

More than 1 million adults in the U.S. are forced to ration insulin due to the drug's high costs, according to a new study. U S insulin prices tend to be five to 10 times higher than those in 32 other high-income countries U S insulin prices tend to be five to 10 times higher than those in 32 other high-income countries Driving the news:Democrats' Inflation Reduction Act will cap monthly out-of-pocket insulin costs to $35 for Medicare beneficiaries starting next year.Lawmakersthat would have extended cost caps to private insurance.By the numbers:The researchers analyzed the 2021 National Health Interview Survey and found that 1.3 million Americans — 16.5% of adults with diabetes that use insulin — rationed doses in the past year. Delaying purchases of the drug to save money was the most cited reason for rationing (14.2%), followed by cutting doses (10.6%) and skipping shots altogether (9.6%).Uninsured people had the highest rates of rationing (29.2%), followed by those with private coverage (18.8%). Medicare recipients had lower rates (13.5%). Read more:
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