Insulin sticker shock: the cost triples in 10 years
Insulin sticker shock: the cost triples in 10 years"
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Insulin is essential for controlling abnormal blood sugar levels in those with diabetes, but while other diabetes drugs have dropped in price, the price tag for insulin has tripled in the
last decade, according to a new analysis. American and Australian researchers looked at medical spending by nearly 28,000 patients with diabetes (average age about 60) from 2002 to 2013.
Their analysis, published in JAMA, found that the average price of insulin jumped from $4.34 to $12.92 per millileter — a nearly 200 percent increase At the same time, the price for newer
diabetes drugs called DPP-4 inhibitors, such as sitagliptin and linagliptin, increased 34 percent per tablet between 2006 and 2013, while older drugs like metformin fell by 93 percent. By
2013, patients were spending more annually on insulin — an estimated $736.09 — than they were spending on all other diabetes medications combined, at $502.57, the researchers reported. This
is certainly not news for older adults, especially those on fixed incomes, who often are forced to skip doses or take a lower amount because they can’t afford it, says Robert Gabbay, M.D.,
chief medical officer at the Joslin Diabetes Center in Boston, who was not involved in the research. “It’s a big issue for people with Type 2 diabetes, but it’s even worse for those with
Type 1. They literally can’t live without it,” Gabbay said in an interview. Patients also run into trouble once they hit the donut hole in the Medicare Part D program and have to cover costs
themselves, Jane Bridges, M.D., an endocrinologist in Vincennes, Ind., told _PBS Newshour_. “The cost of therapy is huge. I have patients who tell me that they have to stretch out the use
of their medicines.” The study’s co-author, William Herman, M.D., a professor of epidemiology at the Uniersity of Michigan School of Public Health, agreed. “Insulin is a life-saving
medication. There are people with type 1 diabetes who will die without insulin. And while there have been incremental benefits in insulin products, prices have been rising. So there are
people who can’t afford them. It’s a real problem,” he told PBS. With more than 29 million Americans with diabetes, it’s not surprising that numerous companies are developing newer drugs to
grab a share of the market. Part of the reason for the large increase in cost, for example, is the greater use of newer types of insulin, called analog insulin, said senior author Philip
Clarke of the University of Melbourne in Australia. "While these drugs can be better for some patients, they are much more costly than the human insulin they replaced," he told
Reuters.
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