2020
DOI: 10.1016/j.mayocp.2019.11.013
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The High Cost of Insulin in the United States: An Urgent Call to Action

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Cited by 35 publications
(27 citation statements)
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References 15 publications
(20 reference statements)
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“…In the case of prescription drugs, we already have major problems controlling price, even before this pandemic. 13 If we fail to take strict measures, access to life-saving medications will be limited by cost, and this will disproportionately affect uninsured people and the elderly d the ones most vulnerable to COVID-19. Making treatment (and vaccines, as they become available) accessible and affordable is therefore critical.…”
Section: Recommendations To Control Costmentioning
confidence: 99%
See 1 more Smart Citation
“…In the case of prescription drugs, we already have major problems controlling price, even before this pandemic. 13 If we fail to take strict measures, access to life-saving medications will be limited by cost, and this will disproportionately affect uninsured people and the elderly d the ones most vulnerable to COVID-19. Making treatment (and vaccines, as they become available) accessible and affordable is therefore critical.…”
Section: Recommendations To Control Costmentioning
confidence: 99%
“…The role PBMs play in contributing to increased prescription drug costs is best illustrated by insulin prices that have increased several fold over the past 10 years even for older insulin preparations. 13 The resulting higher retail prices disproportionately affect uninsured and under-insured people. To prevent these problems, the federal government must prohibit deductibles and rebates for COVID-19especific drugs.…”
Section: Recommendations To Control Costmentioning
confidence: 99%
“…106 Limited supplies of drugs used to treat both COVID-19, such as antimicrobials and sedatives, and other life-threatening conditions may trigger costs to rise, 110 as has been seen with insulin. 111 Drug shortages are expected to affect generic drugs, in particular, because of limited FDA-approved generic versions (only 1 or 2) available for sale in the United States. 110 In addition, fewer new drugs for non-COVID-19-related treatment are expected to launch as a consequence of recent pharmaceutical development being focused on the novel coronavirus vaccinations.…”
Section: Pharmaceutical Supply Chainmentioning
confidence: 99%
“…Even some old drugs can remain as virtual monopolies. For example, in the United States, three companies, NovoNordisk, Sanofi-Aventis, and Eli Lilly control most of the market for insulin, contributing to high prices and lack of competition 6 .…”
Section: Monopolymentioning
confidence: 99%
“…In such a system, prescription drugs approved in one member country can automatically be granted regulatory approval in the others, greatly simplifying the regulatory process. This requires the type of trust, shared standards, and cooperation that we currently have with visa-free travel and trusted traveler programs 6 .…”
Section: Faster Approval Of Generics and Biosimilarsmentioning
confidence: 99%