A study carried out by the Rand Corporation finds that individuals in the United States pay significantly more for insulin than residents of 32 other high income countries.
For comparison, a
study conducted by the RAND Corporation, an American nonprofit global policy think tank, found that drug companies in the US charge more than in nearly three dozen other countries surveyed, while the same study found that the average price in the US was more than ten times higher than the average for all of the other countries combined.
The American average list price for a vial of insulin was $98.70. The closest any other country came to that was Chile where the same amount of the lifesaving drug, on average, costs $21.48.
The U.S. price for insulin is 6.3 times higher than in Canada and 8.9 times higher than in the United Kingdom. U.S. insulin is also 5.9 times more expensive than in Japan and 27.7 times more expensive than in Turkey.
How "patriotic" of insulin makers to take a "loss" on 32 other countries, just to stick it to Americans