When looking at the history of insulin, it feels impossible to imagine that the cost of the medication would be such a problem today. Following the Inflation Reduction Act and reaction from private companies, some progress has been made in making insulin affordable to Americans, but considering how the discovery of insulin unfolded it is outrageous where we ended up in America.
Among the battleground elections next month, the 7th congressional district of Pennsylvania is up for grabs. The incumbent Democrat Susan Wild is facing off with Republican Lisa Scheller, and their policies differ on a variety of issues.
The cause of lower drug prices in America gained ground when the Inflation Reduction Act (IRA) of 2022 was signed into law last month. A stripped-down version of the Build Back Better Act, the IRA invests in combating climate change, provides affordable care act subsidies to help people afford health insurance, and helps lower drug prices and patient costs in Medicare.
Medication can be a powerful healing substance to treat or prevent disease, infections, and other health-related complications. However, medication cannot fulfill its purpose if it is not taken. There are many reasons why patients nationwide avoid taking it, simply from inadvertently neglecting or facing its side effects.
In 2020, healthcare spending in the United States increased by about 10% to $11,945 per person. The increase widened an already huge gap that too many of our legislators fail to include in their justifications of medical costs: the discrepancy in healthcare costs in the U.S. versus other high income countries.