Apr 6, 2016 11:25 PM
University study says price of Insulin has been on the rise
CONCORD - Insulin, a widely used drug in America for those who are diabetic, has been rising in price.
According to medicaldaily.com, around 29 million Americans have some form of diabetes, and either type may require the hormone for treatment. Lately; however, insulin hasn’t been cheap.
The websites also reports, that people who rely on the drug have seen insulin prices triple within a decade, and the problem has been so acute that since 2010, per-person spending on insulin has been higher than on all other diabetes drugs combined.
Insulin’s cost spike comes alongside an increase in prescribed doses, which likely occurred due to increase in obesity rates, which not only increases the risk of diabetes, but in turn increases the amount of insulin a person needs. People with Type 1 diabetes need insulin injections just to stay alive.
For more information, visit medicaldaily.com.