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

[applegrove]

14. Oh that just makes me want to weep. I'm not saying insurance companies

should not be able to negotiate. I think the government should too. It is market failure for everybody. My brother pays less than $100. We are in canada. We have not been gouged. But yeah insulin, like any drug, should never be used to hold people hostage. Economist has an article today that says shortages are because drug manufacturing is now done in china, has low profit margins, takes alot of quality control, and only a few big manufacturers are disrupting drug productiin too. This aside from the obvious gouging in the USA. It all means MARKET FAILURE and that is when governments should step in if they are a liberal democracy.