As a diabetic I was excited to hear when Trump said that he had made Insulin as cheap as water.
However it still looks like it costs around $300 per vial at my pharmacy.
As a diabetic I was excited to hear when Trump said that he had made Insulin as cheap as water.
However it still looks like it costs around $300 per vial at my pharmacy.
As one might expect, the pharma companies are fighting his executive order in the courts. Here's one article with some details.
This won't help everybody. It has the same flaw as price-matching at Best Buy. The manufacturer could sell a different model in each country. For example, the USA gets one set of pill sizes (20 mg, 40 mg, 80 mg) and the rest of the world gets a different set of sizes (25 mg, 50 mg, 75 mg).
To combat that obvious maneuver, the orders make it easier to import drugs. Americans had been getting in trouble for importing drugs, even if the same ones are sold here. This made it easy to have different prices in different countries. It was like DVD region enforcement. The orders change that, making it really hard for manufacturers to keep the USA price high.
The type of insulin you get for "$300 per vial" might only be available in the USA, or it might actually cost that much (and seldom be prescribed) outside the USA. You might also be facing the issue of retail prices lagging behind wholesale prices. Check other retail locations.
I have a lot of hope for his ambitions to enact a favored nation's policy wrt Medicare's drug pricing, but since his administration's seemingly been lackluster on executing his order limiting insulin markups by federally funded clinics, I doubt his policies are anything other than paper tigers.