4 In 5 Americans Who Need Insulin Have Taken On Credit Card Debt To Cover The Drug's Cost [View all]

[douglas9]

A damning new study from CharityRx revealed just how crushing the financial burden is for people who use insulin to manage their diabetes. For people who have needed insulin for years, the results won’t come as a surprise but it does illustrate what a widespread problem insulin price-gouging has become.

79% of diabetics in the United States who rely on insulin said price increases have created financial difficulties. 4 in 5 people report taking on credit card debt to cover the cost, with an average debt of $9,000.

Of the group who said they’ve taken on debt, 83% had to worry about covering other expenses to afford their medication. 63% have felt the need to sell prized possessions to pay for insulin while half feared cutting back on food. 62% reported rationing or skipping doses—an extremely dangerous cost-cutting measure. 29% have even had insulin prices impact their ability to pay their rent or mortgage.;


https://neverleave.substack.com/p/4-in-5-americans-who-need-insulin