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Greed Under the Affordable Care Act Killing Diabetics

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Greed Under the Affordable Care Act Killing Diabetics

Greed Under the Affordable Care Act Killing Diabetics
November 21
22:50 2018

Type 1 and some type 2 diabetics rely on forms of insulin to stay alive. Without the insulin, their bodies go into ketoacidosis which can be and often is fatal.

Your body gets a lot of its energy from breaking down glucose with the help of insulin. In healthy people, the body produces enough insulin to break down the glucose and provide that energy. In diabetics, the body either doesn’t produce enough insulin or doesn’t produce any insulin, so the person needs various medications, including insulin.

If the insulin is not available, the body turns to breaking down fat for energy. That sounds like a good thing, but left out of control, the break down of fat causes an increase of acids in the bloodstream. These acids are known as ketones. If the level of ketones reaches a certain point, it causes what is known as diabetic ketoacidosis which can be fatal.

The rising cost of insulin is resulting in a growing number of diabetics who are dying from diabetic ketoacidosis. We wrote about this in September and is offering this as a follow-up.

A news report from my local news, covered the issue of the cost of insulin in a report they titled:

The Cost of Living: The skyrocketing price of a lifesaving medication

In that report, they focused on an insulin product known as Humalog, which is made by Eli Lily. Humalog is a popular fast acting insulin used by many diabetics.

In report from the local news station:

“According to the American Diabetes Association, the average list price of all insulin has skyrocketed in recent years, nearly tripling between 2002 and 2013, adding, ‘The reasons for this increase are not entirely clear’.”

“In a 20-year period, from 1996 to 2017, the Union of Concerned Scientists states insulin prices rose by 1,157 percent.”

“We asked for an on-camera interview with executives at Eli Lilly, but Senior Director of Corporate Communications Kelley Murphy sent an email, stating, ‘We will kindly decline the opportunity for an interview’.”

“Instead, Murphy notes, ‘…our last price increase for insulin was May of 2017, which has been our one price increase over the last 26 months’.”

Only 1 price increase in the past 26 months? Is that true?

The reporter revealed:

“We checked and found Murphy’s claim to be true. Lilly’s last price increase for insulin was in May 2017, which included a 7.8 percent jump in its popular product, Humalog, a quick-acting insulin that diabetics take before meals.”

“But in our research, that increase for Humalog in 2017 was preceded by years of sometimes double-digit price increases, including 7.51 percent in 2016, 16.98 percent in 2015 and 20.81 percent in 2014.”

That means that there has been more than one increase in the past 26 months.

In our report from September, we revealed how 26-year-old Alec Raeshawn Smith died because he was rationing his insulin. He was found dead from diabetic ketoacidosis just three days before he got paid and would have been able to purchase some insulin.

In the local news, they interviewed Antroinette Worsham of Cincinnati. Her 22-year-od daughter, Antavia, died because she couldn’t afford her insulin. Her daughter was paying between $1,200 to $1,300 for a 90-day supply of Humalog. Antavia was found dead in her bed with an empty Humalog pen. Antroinette hasn’t had much time to grieve for the death of her daughter, 18-year-old Antanique, as she is busy working 2 jobs to help her afford Humalog for her other daughter who is a type 1 diabetic.

These are not isolated incidents, but a growing tragedy that seems to be due to the greed of the pharmaceutical companies.

This also coincides with how the price of life-saving EpiPens have also skyrocketed, making them unaffordable for many families.

AND GUESS WHAT? These outrageous and life-threatening price increases have taken place under Obama’s Affordable Care Act!!!

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