Insulin Price Hikes Tell Us a Lot About What’s Wrong With Drug Pricing in America

If you’re among the 30 million diabetics in America who rely on insulin to stay alive, then you’re probably very much aware that the price of living has risen to an exorbitant $400 a month, as insulin makers continue to hike insulin prices. Even if you have insurance, the money still comes out of your pocket in the form of co-pays, deductibles and insurance premiums. Vox points out that these costs are unique to you as a U.S. citizen: Americans represent only 15 percent of the...

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