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+---- Thread: Why treating diabetes keeps getting more expensive (/Thread-Why-treating-diabetes-keeps-getting-more-expensive)
Why treating diabetes keeps getting more expensive - GMDino - 08-10-2018
![[Image: 33300384_1687592777963076_12451520446380...e=5C0206DB]](https://scontent-lga3-1.xx.fbcdn.net/v/t1.0-9/33300384_1687592777963076_1245152044638011392_n.png?_nc_cat=0&oh=6ae7dfe9c7705fcf562cf2e425f3d6d6&oe=5C0206DB)
Not exactly "zero" changes...but there is some question about why the old medicines have been raised so much.
https://www.washingtonpost.com/news/wonk/wp/2016/10/31/why-insulin-prices-have-kept-rising-for-95-years/?utm_term=.b72298455ce8
RE: Why treating diabetes keeps getting more expensive - BengalHawk62 - 08-13-2018
Capitalism at its finest.
RE: Why treating diabetes keeps getting more expensive - Wyche'sWarrior - 08-14-2018
You know.....good ol' "free market" and such....always works itself out
.How 'bout those epi pens? Real cheap too.
Meanwhile, NARCAN is free to keep their opiate addicts alive so they can buy more.
RE: Why treating diabetes keeps getting more expensive - Nately120 - 08-14-2018
Why can't the people who sell insulin just keep the price at $21 per and then simply work harder so they can make the same amount of money they would if they exponentially raised the price? I don't get it.
RE: Why treating diabetes keeps getting more expensive - michaelsean - 08-14-2018
(08-14-2018, 01:00 PM)Nately120 Wrote: Why can't the people who sell insulin just keep the price at $21 per and then simply work harder so they can make the same amount of money they would if they exponentially raised the price? I don't get it.
They are making as many diabetics as they can. It's not easy.
RE: Why treating diabetes keeps getting more expensive - PhilHos - 08-14-2018
(08-10-2018, 08:28 PM)GMDino Wrote:
Not exactly "zero" changes...but there is some question about why the old medicines have been raised so much.
https://www.washingtonpost.com/news/wonk/wp/2016/10/31/why-insulin-prices-have-kept-rising-for-95-years/?utm_term=.b72298455ce8
Honest question: does the article address any rising demand for the drug? I tried reading it, but just too tired to focus. My first thought as to a possible reason for rising cost is if there is a significant increase in demand.
RE: Why treating diabetes keeps getting more expensive - GMDino - 08-14-2018
(08-14-2018, 03:31 PM)PhilHos Wrote: Honest question: does the article address any rising demand for the drug? I tried reading it, but just too tired to focus. My first thought as to a possible reason for rising cost is if there is a significant increase in demand.
Not a reason given by the manufacturers. they are increasing current prices so they can work on new versions...and charge more for them.