Insulin Prices In The U.S. Doubled From 2000-2009. But Not In The U.K.

Last week, I wrote about what insulin price gouging does to diabetics–who make up nearly ten percent of the U.S. population. In the U.K., insulin is much cheaper: U.S. prices are over five times as high as those in the U.K. Here’s how prices have risen in the U.S. (I don’t believe this adjusts for inflation):

insulin

Between 2000-2009, U.S. prices doubled in real 2010 dollars. Meanwhile in the U.K.:

ukinsulin

That’s right–prices in the U.K. stayed the same or dropped. Either U.S. manufacturers are much dumber than those who supply the U.K., or else something else is going on here. Keep in mind, manufacturing insulin is definitely a mature technology.

But the U.S. has the most awesomest healthcare system in the world, or something.

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One Response to Insulin Prices In The U.S. Doubled From 2000-2009. But Not In The U.K.

  1. Net Denizen says:

    Just even more proof as if you needed it of why capitalism is far far superior to socialism when it comes to letting markets decide how much profit one can make at the expense of someone else’s life. I mean, it’s like those damn socialists WANT people to live without a 20% margin off the top!

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