Quote:
Originally Posted by whell
OK, this is an economics thread, so: why do you think price controls on insulin is a good thing?
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I will tell you why, albeit indirectly.
I have been taking two medications regularly for the past 15 years or so, Atrovent and Dulera. Atrovent around $470.00+ & Dulera around $350.00. I was also recently prescribed Diclofenac gel and when I got it from a local pharmacy, its cost me around $50. Low and behold the Diclofenac is made by Cipla in India and imported here. Guess how much I can buy the Diclofenac for in India? Under $2.00. I am fortunate that I have an office in India and people traveling back and forth including myself, so getting these medications there is fairly easy. When I showed my pulminogist the the Atrovent and Dulera generics with the price in INR posted on the box, he was dumbfounded, again around $2.00
And you are asking me why price controls on something like insulin is a good thing? Answer is, when do we stop the gouging especially something like an essential med like insulin.