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    Nevada Could Deal a Serious Blow to Insulin Manufacturers

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    graham64
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    Nevada Could Deal a Serious Blow to Insulin Manufacturers

    Post by graham64 on Fri Apr 21 2017, 22:52

    A bill being voted on next week would lower prices on the essential drug.

    Even though insulin access can literally be a case of life or death, awareness about diabetes drug access is often limited among those who don't personally experience the disease or have a friend or family member who does. But the last five months have seen lawmakers taking notice, with Senator Bernie Sanders calling for a federal investigation into collusion in insulin pricing in November followed by a January class-action lawsuit against three insulin manufacturers who allegedly took part in an "organized scheme to drive up prices." 

    Most recently, in March, Senator Yvanna Cancela introduced bill SB265 to the Nevada legislature, which seeks to control and create transparency around the pricing of insulin and biguanides, essential drugs that treat diabetes. The bill, expected to be voted on in the coming week, has drawn criticism from drug companies and the patient advocacy organizations that receive funding from them.

    The bill seeks to implement price controls on "essential" diabetes drugs, insulin and biguanides, triggering a refund and requiring manufacturers to give 90 days notice if the list price rises above the medical consumer price index. These drugs are considered essential because of the crucial roles they plan in the lives of those with diabetes. The human body requires insulin to live, but the bodies of type 1 diabetics cannot produce it, making access to affordable insulin a matter of survival for all type 1 diabetics, and in in some extreme cases, type 2 diabetics. Manufacturers would also be required to disclose the costs associated with creating these drugs, including everything from research to marketing. Medicaid and the state's public employee benefit program would be exempt from the bill since they can access rebates that private insurers and self-funded plans cannot.

    "Diabetes is currently on track to be one of the greatest public health crises of our time," Cancela says. "Twelve percent of Nevadans have diabetes, 38 percent are pre-diabetic, and our diabetic population is poised to double by the year 2030. Those are just individuals who are currently diagnosed. When you look at the undiagnosed numbers coupled with the pre-diabetic numbers and the current diabetic numbers, it's over a million people in Nevada who are affected by this disease. And those numbers mirror what's happening across the country with diabetes. At the same time, insulin costs have gone up so much that people are being forced to make decisions about taking their insulin or paying their rent. What's being treated as a business opportunity should be treated as a public health crisis."

    More here: https://tonic.vice.com/en_us/article/nevada-could-deal-a-serious-blow-to-insulin-manufacturers


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    Re: Nevada Could Deal a Serious Blow to Insulin Manufacturers

    Post by chris c on Fri Apr 21 2017, 23:52

    Frederick Banting (who I believe was a distant relative of William) wanted insulin to be freely and cheaply available. It was the case that the old N and R insulins were available in the US without prescription, but they were superceded by the patented and now hugely expensive analogues, and animal insulin was banned in the States and while I believe it is still available in the UK (with prescription) most doctors and many endocrinologists claim that it isn't. It was a LOT cheaper than lantus or levemir.
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    Re: Nevada Could Deal a Serious Blow to Insulin Manufacturers

    Post by graham64 on Tue Apr 25 2017, 22:21

    @chris c wrote:Frederick Banting (who I believe was a distant relative of William) wanted insulin to be freely and cheaply available. It was the case that the old N and R insulins were available in the US without prescription, but they were superceded by the patented and now hugely expensive analogues, and animal insulin was banned in the States and while I believe it is still available in the UK (with prescription) most doctors and many endocrinologists claim that it isn't. It was a LOT cheaper than lantus or levemir.

    Low income families in the USA have to bear the brunt of the high insulin costs


    Desperate Families Driven to Black Market Insulin


    http://www.nbcnews.com/business/consumer/desperate-families-driven-black-market-insulin-n730026


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    Proving the LowCarb sceptics wrong for over nine years,

    Not all cherubs are Angels  Wink nor all diabetics Bonkers  Rolling Eyes
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    Re: Nevada Could Deal a Serious Blow to Insulin Manufacturers

    Post by chris c on Wed Apr 26 2017, 23:37

    Scary stuff! Coming shortly to an NHS near you.

    When I moved, one or two of my previous drugs were no longer available because they were not on the local "formulary". One of the equivalents didn't work properly but that wasn't sufficient reason to change me back, I had to claim to have side effects.

    As I discovered recently, 5 mg carbimazole is the same price to the NHS as 20mg. Imagine a garage where a litre of fuel costs the same as a gallon. There'd be an outcry and it might not even be legal. Lots of US patients face this and get the highest dose prescribed then split the pills. Drug companies routinely do this, and fix their prices between different manufacturers, which would otherwise be called a cartel. Now they appear to be increasing their prices stepwise in concert and often by hundreds of percent if not more.

    No wonder they don't want us improving our health through diet. Of course Type 1s can't do without insulin but they could reduce their requirements substantially. I think the vast majority of insulin sales are now to Type 2s and despite the massive and ongoing increase in sales for this reason that's not enough, the heartless bastards are multiplying up the price. This is also happening with other drugs that are essential in other conditions.

    Not only that but Type 1s are being driven into insulin resistance which not only requires increased quantities of insulin but also the prescription of Type 2 drugs alongside it.

    Little wonder the Noakes and Fettkes of this world get pilloried.
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    Re: Nevada Could Deal a Serious Blow to Insulin Manufacturers

    Post by graham64 on Sun Apr 30 2017, 22:15



    _________________
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    Proving the LowCarb sceptics wrong for over nine years,

    Not all cherubs are Angels  Wink nor all diabetics Bonkers  Rolling Eyes
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    chris c
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    Re: Nevada Could Deal a Serious Blow to Insulin Manufacturers

    Post by chris c on Mon May 01 2017, 19:11

    Theresa May but Jeremy Hunt Will

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