Illinois governor signs law capping insulin costs at $100 per month

Re:Illinois governor signs law capping insulin costs at $100... by vasilipupkin on Wednesday January 29, 2020 @12:39PM (#22183388)

because UK subsidizes it. But UK residents pay 33% of GDP in taxes vs US pays only 27%, according to this https://www.oecd.org/tax/tax-policy/global-revenue-statistic...

so it comes out of the higher taxes.

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Re:Illinois governor signs law capping insulin costs at $100... by djpowell on Wednesday January 29, 2020 @01:13PM (#22183867)

Those prices have nothing to do with subsidies. It is showing that the NHS pays a fraction of the US prices for the same insulins.

Diabetics are exempt from all out-of-pocket prescription charges though, so that part is subsidized.

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Re:Illinois governor signs law capping insulin costs at $100... by AdrianB1 on Wednesday January 29, 2020 @01:39PM (#22184239)

Then why isn't US buying insulin from UK's suppliers at a fraction of the current price?

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