Should we care about the price of insulin?
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- saltydog
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Should we care about the price of insulin?
Republicans don't.
The problem is not that there is evil in the world, the problem is that there is good. Because otherwise, who would care?
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Re: Should we care about the price of insulin?
The problem is not that there is evil in the world, the problem is that there is good. Because otherwise, who would care?
- Animal
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Re: Should we care about the price of insulin?
i think someone has forgotten that President Trump, by executive order, specifically lowered the price of insulin.
And, Joe Biden came along and did away with that executive order.
And, Joe Biden came along and did away with that executive order.
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Re: Should we care about the price of insulin?
https://www.snopes.com/fact-check/insul ... day-trump/
Claim
U.S. President Donald Trump issued an executive order in July 2020 that will lower the price Americans pay for insulin to "pennies a day."
Rating
Mixture
Mixture
About this rating
What's True
Trump issued an executive order in July 2020 that was intended to lower the price of insulin for some Americans.
What's False
Rather than targeting all diabetic patients nationwide, the directive was written to help low-income diabetes patients of certain community clinics, who are uninsured or underinsured, to buy insulin at reduced prices. Also, no verifiable evidence suggests that the lower costs would amount to "pennies a day" for anyone.
What's Undetermined
Exactly how much money some diabetes patients could save on insulin daily as a result of the directive is unknown because the order did not outline specifics, including when or how it would be implemented.
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Re: Should we care about the price of insulin?
you stupid fuck. first, who said "pennies a day"?Who wrote: ↑Sun Aug 07, 2022 11:42 pmhttps://www.snopes.com/fact-check/insul ... day-trump/
Claim
U.S. President Donald Trump issued an executive order in July 2020 that will lower the price Americans pay for insulin to "pennies a day."
Rating
Mixture
Mixture
About this rating
What's True
Trump issued an executive order in July 2020 that was intended to lower the price of insulin for some Americans.
What's False
Rather than targeting all diabetic patients nationwide, the directive was written to help low-income diabetes patients of certain community clinics, who are uninsured or underinsured, to buy insulin at reduced prices. Also, no verifiable evidence suggests that the lower costs would amount to "pennies a day" for anyone.
What's Undetermined
Exactly how much money some diabetes patients could save on insulin daily as a result of the directive is unknown because the order did not outline specifics, including when or how it would be implemented.
he lowered the price of insulin for people that don't have medicare or insurance to get lower prices for them. basically he lowered it for the people that have to pay cash for insulin, so that they pay the same as what those big health care companies pay.
snopes doesn't need to look into that. That's just a fact. Executive orders are only about 1 page long. they aren't complicated.
https://www.govinfo.gov/content/pkg/DCP ... 000539.pdf
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Re: Should we care about the price of insulin?
I'm guessing you didn't read your link.? Nothing in there to guide companies what to charge.Animal wrote: ↑Sun Aug 07, 2022 11:53 pmyou stupid fuck. first, who said "pennies a day"?Who wrote: ↑Sun Aug 07, 2022 11:42 pmhttps://www.snopes.com/fact-check/insul ... day-trump/
Claim
U.S. President Donald Trump issued an executive order in July 2020 that will lower the price Americans pay for insulin to "pennies a day."
Rating
Mixture
Mixture
About this rating
What's True
Trump issued an executive order in July 2020 that was intended to lower the price of insulin for some Americans.
What's False
Rather than targeting all diabetic patients nationwide, the directive was written to help low-income diabetes patients of certain community clinics, who are uninsured or underinsured, to buy insulin at reduced prices. Also, no verifiable evidence suggests that the lower costs would amount to "pennies a day" for anyone.
What's Undetermined
Exactly how much money some diabetes patients could save on insulin daily as a result of the directive is unknown because the order did not outline specifics, including when or how it would be implemented.
he lowered the price of insulin for people that don't have medicare or insurance to get lower prices for them. basically he lowered it for the people that have to pay cash for insulin, so that they pay the same as what those big health care companies pay.
snopes doesn't need to look into that. That's just a fact. Executive orders are only about 1 page long. they aren't complicated.
https://www.govinfo.gov/content/pkg/DCP ... 000539.pdf
Another useless move by a useless president.
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Re: Should we care about the price of insulin?
Sec. 2. Policy. It is the policy of the United States to enable Americans without access to
affordable insulin and injectable epinephrine through commercial insurance or Federal programs,
such as Medicare and Medicaid, to purchase these pharmaceuticals from an FQHC at a price that
aligns with the cost at which the FQHC acquired the medication.
It states exactly what they can charge. "People have to be able to purchase insulin at the same price that the FQHC pays for the medication".
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Re: Should we care about the price of insulin?
So, it's fine that $35 insulin costs everyday Americans over $1000?
Exploiting costs? Yet another staple of Republican politics.
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Re: Should we care about the price of insulin?
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Re: Should we care about the price of insulin?
Sec. 3. Improving the Availability of Insulin and Injectable Epinephrine for the Uninsured.Animal wrote: ↑Mon Aug 08, 2022 12:04 amSec. 2. Policy. It is the policy of the United States to enable Americans without access to
affordable insulin and injectable epinephrine through commercial insurance or Federal programs,
such as Medicare and Medicaid, to purchase these pharmaceuticals from an FQHC at a price that
aligns with the cost at which the FQHC acquired the medication.
It states exactly what they can charge. "People have to be able to purchase insulin at the same price that the FQHC pays for the medication".
To the extent permitted by law, the Secretary of Health and Human Services shall take action to
ensure future grants available under section 330(e) of the Public Health Service Act, as amended,
42 U.S.C. 254b(e), are conditioned upon FQHCs' having established practices to make insulin
and injectable epinephrine available at the discounted price paid by the FQHC grantee or subgrantee under the 340B Prescription Drug Program (plus a minimal administration fee) to
individuals with low incomes, as determined by the Secretary, who:
(a) have a high cost sharing requirement for either insulin or injectable epinephrine;
(b) have a high unmet deductible; or
(c) have no health care insurance.
Sec. 4. General Provisions. (a) Noth
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Re: Should we care about the price of insulin?
So how much were the poors paying with this executive order?
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Re: Should we care about the price of insulin?
well:
1. i am not a poor
2. I don't use or buy insulin.
3. I have no idea what price the FQHC paid for insulin.
BUT, if the FQHC paid $3 per pill for insulin, then I would assume the poors paid around $3.50 (added a minimal administrative fees). Or if the FQHC paid $0.10 per pill, i would assume the poors paid around $0.12 per pill. Etc.
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Re: Should we care about the price of insulin?
I have no idea, but for whatever reason I don't think this executive order reduced insulin that much.Animal wrote: ↑Mon Aug 08, 2022 12:29 amwell:
1. i am not a poor
2. I don't use or buy insulin.
3. I have no idea what price the FQHC paid for insulin.
BUT, if the FQHC paid $3 per pill for insulin, then I would assume the poors paid around $3.50 (added a minimal administrative fees). Or if the FQHC paid $0.10 per pill, i would assume the poors paid around $0.12 per pill. Etc.
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Re: Should we care about the price of insulin?
I ask that every time you post Mr. Narrative Shifter.
The problem is not that there is evil in the world, the problem is that there is good. Because otherwise, who would care?
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Re: Should we care about the price of insulin?
A long read, plenty of graphs
https://www.vox.com/2019/4/3/18293950/w ... -expensive
Drug companies haggle separately over drug prices with a variety of private insurers across the country. Meanwhile, Medicare, the government health program for those over age 65 — it’s also the nation’s largest buyer of drugs — is barred from negotiating drug prices.
That gives pharma more leverage, and it leads to the kind of price surges we’ve seen with EpiPens, recent opioid antidotes — and insulin.
Insulin manufacturers say the increases are just the price tag that comes with innovation — creating more effective insulin formulations for patients.
According to a 2017 Lancet paper on insulin price increases, “Older insulins have been successively replaced with newer, incrementally improved products covered by numerous additional patents.” The result is that more than 90 percent of privately insured patients with Type 2 diabetes in America are prescribed the latest and costliest versions of insulin.
But soaring prices for these newer formulations is out of step with how much they improve treatment for patients, said Yale endocrinologist Kasia Lipska. For Type 1 diabetes, newer formulations appear to be more effective at controlling blood sugar than older formulations. “For Type 2 diabetes, it’s less clear — the benefits are not as strong.”
https://www.vox.com/2019/4/3/18293950/w ... -expensive
Drug companies haggle separately over drug prices with a variety of private insurers across the country. Meanwhile, Medicare, the government health program for those over age 65 — it’s also the nation’s largest buyer of drugs — is barred from negotiating drug prices.
That gives pharma more leverage, and it leads to the kind of price surges we’ve seen with EpiPens, recent opioid antidotes — and insulin.
Insulin manufacturers say the increases are just the price tag that comes with innovation — creating more effective insulin formulations for patients.
According to a 2017 Lancet paper on insulin price increases, “Older insulins have been successively replaced with newer, incrementally improved products covered by numerous additional patents.” The result is that more than 90 percent of privately insured patients with Type 2 diabetes in America are prescribed the latest and costliest versions of insulin.
But soaring prices for these newer formulations is out of step with how much they improve treatment for patients, said Yale endocrinologist Kasia Lipska. For Type 1 diabetes, newer formulations appear to be more effective at controlling blood sugar than older formulations. “For Type 2 diabetes, it’s less clear — the benefits are not as strong.”
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