Scribe: N. Tru Bass
More than 30.3 Americans have full blown diabetes and another 84.1 million afflicted with prediabetes. Prediabetes, is a condition that if not treated often leads to type 2 diabetes within five years.
Insulin is a vital drug as it relates to treating diabetes. Due to the price of healthcare and curative drugs nearly 8 million Americans are seeking relief from the north. The price of insulin has doubled in the four years between 2012 and 2016. Many Americans have opted to travel to Canada and purchase insulin via Canada’s black-market. In Canada one can purchase the drug 90% cheaper than in America.
According to a PBS NewsHour investigation, Sarah Varney reports the disparity in prices and published it in recent days. The piece admits there is a cost for gas, food and an overnight hotel stay, but the rates are that much more attractive.
While some states cap the price of insulin’s copayments at $100. Others have not. The investigation talked to one American who began taking insulin at age 10 remembers paying $3 per vial the same vial no goes for $380.