Our situation has nothing to do with demand and everything to do with corporate greed. Many western European countries empower their governments to set upper bounds on the costs of medication to reduce the ability of pharma-bros to make disgusting amounts of personal wealth off the suffering of others.
Insulin is made in massive facilities in large batch runs. Making 5X to 10X is basically cost of materials, which haven't really increased enough to justify the price increase.
This is (mostly likely) a rent-seeking situation where a few providers who are allowed in the market are milking it for all the profit they can.
That is also known as demand. They do because they can.
1) Healthcare is a limited resource, like anything else.
2) Prevention, which few if any "leaders" highlight, is a viable alternative to healthcare price increases.
Are there there some nefarious undercurrents? Yes, of course. But to blame all our ills - and remove diet, lifestyle, etc. - on ever increasing demand only makes the current system stronger. People who believe they have no control aren't part of the solution.
Exactly. The preventable T2D is driving up demand (read: prices) for both T1D and T2D.
I don't know about Canada. I do know about supply and demand. We all do. In the context of healthcare it makes no sense that ppl abuse their health and then expect prices to fall.
What you fail to consider it that the company that controls the particular type of Insulin that Type I diabetics require is charging 80% less in Canada than in the USA with everything else equal.
Do you get it?
Do you get it?
I’ll never know and I’m stuck with it.
Diet. Exercise. Etc. All known to change T2D.
The thing we can't talk about without risking cancellation is that nearly all Type 2 Diabetes is preventable. In other words, the choices of the many have a significant negative impact on those (i.e., Type 1'ers) who don't really have a choice.