More Americans with diabetes will get a break on their insulin costs in 2024.

Sanofi is joining the nation’s two other major insulin manufacturers in offering either price caps or savings programs that lower the cost of the drugs to $35 for many patients. The three drugmakers are also drastically lowering the list prices for their products.

The moves were announced in the spring, but some didn’t take effect until January 1.

Drugmakers have come under fire for years for steeply raising the price of insulin, which is relatively inexpensive to produce. The inflation-adjusted cost of the medication has increased 24% between 2017 and 2022, and spending on insulin has tripled in the past decade to $22.3 billion in 2022, according to the American Diabetes Association.

Some 8.4 million Americans rely on insulin to survive, and as many as 1 in 4 patients have been unable to afford their medicine, leading them to ration doses – sometimes with fatal ramifications, according to the association.

  • _number8_@lemmy.world
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    1 year ago

    Some 8.4 million Americans rely on insulin to survive, and as many as 1 in 4 patients have been unable to afford their medicine, leading them to ration doses – sometimes with fatal ramifications, according to the association.

    imagine reading this in a history textbook. what would you think about this empire

    • pulaskiwasright@lemmy.ml
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      1 year ago

      People play cyberpunk games and watch cyberpunk movies with stories just like this and manage to miss the fact that we already live this way.

      • KptnAutismus@lemmy.world
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        1 year ago

        we already have mass surveillance, now the government just needs to take over.

        now insecure cybernetic implants just need to happen, and with how neuralink is going, we’re almost done.

      • lud@lemm.ee
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        1 year ago

        Cyberpunk is supposed to be and look cool too and not just be a boring dystopia.

    • FlashMobOfOne@lemmy.world
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      1 year ago

      It’s always a bummer to me to see a headline like the one in this post and we’re supposed to feel good about it. Obama had a supermajority. It didn’t have to be this way.