Episode Outline:
Insulin Prices & What To Do About It
Sky rocking cost of insulin
- ADA and Health Care Cost Institute – prices 2x between 2012 and 2016, 3x in decade before 2012
- 100 year history – R&D is over – price changes are PhRMA increases
- Sanofi
- Novo Nordisk
- Eli Lilly
Insulins
- Old – Humulin, Novolin
- New Analog insulins – Lantus, Levemir, Novolog, Humalog – less hypoglycemia
Harvard Study
- Type 2 diabetes
- JAMA recent study
- Anthem patients witched from new to old insulins
- Outcomes: Patients less likely to reach Med D donut hole (80% vs. 53% after the switch), no increased risk of dangerously high/low BS, no increase in ED or hospital stays
House and Senate targeting cost of insulin
- House Energy & Commerce Committee
- Senate Finance Committee
Options:
- PhRMA regulations
- Legalize Canadian imports – patients, wholesalers, pharmacists
- PhRMA self-regulation
- Competition from human insulins
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