Price of insulin has skyrocketed in the US, even though nothing about it has changed

[ck4829]

The skyrocketing cost of insulin has become a crisis in the US. Some people are dying because they can't afford the life-saving drug.

In the last decade, the list prices of common types of insulin have roughly tripled, even though they're the exact same products offered 10 years ago.

In 2009, the list price for a 10-milliliter vial of Humalog, a fast-acting insulin made by Eli Lilly, was about $93. Today it costs closer to $275. Similarly, Novo Nordisk's fast-acting insulin Novolog cost almost $93 for a 10-milliliter vial in 2009. Today, it costs about $290.

The prices of Humalog and Novolog have essentially increased in lockstep. We've seen similar price hikes for Lantus, a common long-acting insulin made by Sanofi, and long-acting Levemir, also made by Novo Nordisk.

https://www.businessinsider.com/insulin-price-increased-last-decade-chart-2019-9