The important question is what are they selling it for in other countries that dont have the same patent protections as we do .Our pharmaceutical industry enjoys a lot of protections from the government . There is a reason you go to mexico and buy it for pennys on the dollar . Friends that used to do it said most of the medicine they got was the same pills and the same vials that they get here the insulin worked just like what they bought in USA they just saved enough by buying a years worth to winter in Arizona .
I have very little sympathy for the medical industry . There seems to be very little billing fraud or price fixing .or anti trust oversite . It seems every time my family gets close to a hospital there is always something double billed or a bill for a test that wasnt run or a phantom doctor that was never seen . Some things you can get fixed somethings you cant

LOL Trump may be a lot of things but socialist is not one of them. No TONS of reports that made the news showing the increase in price brought negative news. The drug companies are giving some on popular and life sustaining drugs so they can charge more for newer drugs. Remember insulin has been around for decades. MOST drugs that are old are dirt cheap. Wonder why they don't prescribe valium much anymore? I was given it for bladder spasmns and 30 pills cost me 98 cents. Can't make millions with those prices.

Yea thank Obummer and sleepy Joe for a lot of that . Yes congress is to blame for most of that . BIG donations and lobbyist insure the politicians vote for their interest.

Big insurance is another culprit. When I filed for disability after a sever spinal injury I found out that my PRIVATE disability policy that I paid 54 bucks a month for 15 years would not pay me a dime. Because my retirement plus social security equaled 80% of my salary by FEDERAL LAW I wasn't entitled to a penny of that coverage. Said I couldn't benefit from being disabled. Well 20% reduction in salary and losing my company paid health and dental doesn't seem to be benefiting to me... BUT I'm not a politician.

Maybe the big company's can make it up on the covid19 vaccine. And since some may not work we may need many and often. Only problem is we won't know if they didn't work til we got it.

The big insurance is designed to shear the sheep, but some look a little bloody.

I’m sorry to put a damper on this but we don’t know when this will start. If it’s like “anyone can get tested” or “It’ll be over by Easter” or ‘the promotion of hydroxychloroquine because”what can it hurt” type rhetoric, the proof isn’t in the pudding, cuz the pudding hasn’t been served.
Not anyone who needs one can get a test yet.
With 1.7 million laboratory confirmed (and growing) cases, it hasn’t gone away.
Hydroxychloroquine has been proven in 6 highly respected studies NOT to work for covid-19.

Just because something is announced by the Whitehouse, doesn’t make it happen right now

Yes, testing has gotten better. But this virus isn’t going away. And no amount of wishful thinking on the part of the president is going to make hydroxychloroquine a game changer.

This is from CNN which I'm sure you would consider to be a reliable source:
"In his remarks, Trump also thanked Seema Verma, administrator of the Centers for Medicare and Medicaid Services, for having "brought this to my attention a long time ago."
Verma said during a call with reporters earlier on Tuesday that "these plans will begin starting in January 2021 in all 50 states, DC and Puerto Rico, and seniors can find a participating plan on our 'Medicare plan finder' during the annual open enrollment period, which begins on October 15."
The new benefit will be offered through Medicare Part D prescription drug plans and Medicare Advantage plans."

This addresses the point of the OP. The rest of your post is typical political bashing which has nothing to do with the topic.

In Africa a year's supply of insulin only costs $160.30 and it is still profitable for companies to sell it.

Keith

LOL, that was the first thing I thought of when I read prices had been reduced to real world costs.


(This word is unacceptable on Trapperman) Socialism.

The problem is that excessive government restrictions kill the free market, that would keep prices reasonable. We need laws to protect the consumers, not to protect the profits of large corparations that buy politicians, who then create laws to kill competition for their benefactors.

Keith

My wife takes 2 different types of insulin,Humalog, Tresiba. @ 3 shots a day for 47 years. That adds up to a lot of money.
I have no way of proving it but I think 30.00 per vial should cover it. ( 28 units in the morning and 6 units @ dinner and supper)

Everyone talks about a free market until it gets uncomfortable for them.



Just more of the government "saving" us from the problem they created.

Mike

Testing ? OK here is my opinion on that . IF you get a positive outcome then what. There isn't a vaccine to give right then to treat it. IF your sick stay home!!! Testing hasn't stopped the virus . IT IS NOT A CURE !! It is fodder for some governors to use to lock people down. People are so tired of hearing about testing that now NOONE wants to show up. They are thinking why bother. What does it accomplish? Here in Ky they have 13 testing sites that can do 400 test per day. In the Gov nightly report he gives numbers still available. Some are only getting 10-20 people a day !!! Testing is one tool to get more money PERIOD !! The nursing homes have accounted for 65 % of the deaths here in our state . THEY ARE ALL LOCKED DOWN !!! Over the last 6 days Ky has had 8 deaths total. ALL from NURSING HOMES !!!!!! We have had 400 total in 3 months. Some cause of death fishy. But really that's not a lot of people to die during any 3 month period. Oh forgot average age of death is around 80 !!! Even Fauci said today that second wave may not happen