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Best Web OpEds    H4'ed 7/15/19

The Insulin Racket

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Insulin is a 100-year-old drug whose wholesale price has tripled in ten years. The reasons why explain everything wrong with America’s broken prescription drug market.

On June 22, 2017, Alec Raeshawn Smith, a recently promoted restaurant manager with Type 1 diabetes, left his local pharmacy empty-handed. He’d gone in to pick up a month’s worth of insulin supplies, which he assumed would set him back around $1000—the amount he and his mother Nicole Smith-Holt had budgeted the month before when he turned 26 and, under Obamacare rules, had to drop off her insurance coverage.

For Alec, that price was already steep: Even with his promotion, he was making $35,000 a year with no benefits.

He couldn't afford it.

So he left. He never told his mother and he never told his girlfriend. Five days later, he was dead.

Read the rest of the story HERE:

At prospect.org

 

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Jerry Lobdill Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I am a retired physicist and hold a B.S. in Ch. E. as well. I have been an environmental activist since the early 1970s. I was a founding member of the Save Barton Creek Association in Austin, TX. In 2006 I was a member of a select committee (more...)
 

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