Pennsylvania's largest health system, Jefferson Health, has taken pharmaceutical giants and pharmacy benefit managers to court over the skyrocketing cost of insulin. The lawsuit claims that these powerful corporations have conspired to artificially inflate the prices of this life-saving medication, prioritizing profits over patient needs.
The case centers around three major insulin manufacturers – Eli Lilly, Novo Nordisk, and Sanofi – whose prices have risen by over 1,000% since the 1990s. In contrast, a one-month supply of Ozempic was priced at $936 in the US in 2023, whereas it cost just $147 in Canada and $83 in France.
Jefferson Health is seeking financial compensation not only for its own insulin costs but also as a major employer with over 58,000 workers who rely on diabetes medication. The lawsuit accuses these corporations of colluding to artificially raise prices "far beyond inflation," despite the low production costs of insulin.
The health system's complaint comes on the heels of similar lawsuits from cities like Philadelphia and over 550 state and local governments, companies, and unions, all seeking damages for alleged price gouging. Jefferson's case was filed in a New Jersey court as part of this broader litigation.
Insulin prices have long been a contentious issue, with many patients struggling to afford the medication they need. This lawsuit aims to hold accountable those responsible for driving up these costs, highlighting the need for greater transparency and regulation in the pharmaceutical industry.
The case centers around three major insulin manufacturers – Eli Lilly, Novo Nordisk, and Sanofi – whose prices have risen by over 1,000% since the 1990s. In contrast, a one-month supply of Ozempic was priced at $936 in the US in 2023, whereas it cost just $147 in Canada and $83 in France.
Jefferson Health is seeking financial compensation not only for its own insulin costs but also as a major employer with over 58,000 workers who rely on diabetes medication. The lawsuit accuses these corporations of colluding to artificially raise prices "far beyond inflation," despite the low production costs of insulin.
The health system's complaint comes on the heels of similar lawsuits from cities like Philadelphia and over 550 state and local governments, companies, and unions, all seeking damages for alleged price gouging. Jefferson's case was filed in a New Jersey court as part of this broader litigation.
Insulin prices have long been a contentious issue, with many patients struggling to afford the medication they need. This lawsuit aims to hold accountable those responsible for driving up these costs, highlighting the need for greater transparency and regulation in the pharmaceutical industry.
This is like, exactly what we should be talking about - corporate accountability! 
I mean, insulin is life-saving stuff and these corporations are making bank off of it? That's not right. 
The fact that they're prioritizing profits over people's lives is just crazy. And the prices in Canada and France are like, half what we pay here? What does that say about our system? 
We need to know more about these price hikes and who's behind them. This lawsuit is a step in the right direction, but I think it should go all the way to Washington. 
We need stronger regulations on pharmaceutical companies so we can ensure everyone has access to affordable meds.
The way insulin costs are skyrocketing is just crazy! I've got family members who have diabetes, it's a total nightmare trying to get them the meds they need without breaking the bank 
. Our healthcare system should be prioritizing people's health over profits. The fact that Jefferson Health is taking them to court is a great step towards holding these corporations accountable 
.
, can't believe these big pharma companies are so heartless 
! They're making millions off insulin and putting people's lives at risk because they can't afford it 
The fact that they've been inflating prices by 1,000% since the 90s is just disgusting 
. Jefferson Health is fighting for us, and I'm so grateful they are 
. This lawsuit is a huge step in getting these corporations held accountable, but we need more transparency and regulation ASAP 
. We can't keep letting these companies get away with price gouging 
. My heart goes out to all the people struggling to afford insulin - let's make some change happen 
! They're like, literally 
? Not to mention, it's not like they're making their own insulin in some small factory 
... they just manufacture and sell it, taking advantage of patients' desperation 
! We need to hold these corporations accountable 
! 
anyway back in the day insulin was way cheaper, like $1-10 per month 
. These giant pharma companies are literally killing people with their prices! 1000% price hike since the 90s? That's insane 
. Jefferson Health is taking a stand for the people who can't afford insulin because of these prices. I'm all about that 
.
. We need more people speaking up about this issue and demanding change 
! The system's gotta be fixed, and we can't let these companies just get away with price gouging 
.
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. They're not just fighting for themselves but also for all the employees who rely on diabetes medication. 58,000 workers are counting on them 
. More transparency and regulation is needed, for sure 
. Pharmaceutical companies can't just keep pricing people out of life-saving medication without consequence 
. This lawsuit is a great step in the right direction 
.
.
I know it can be tough on people who need insulin, but it's not like these companies are making all this money off of just a few people. They're selling to millions of patients worldwide! 
. Like, I get it, production costs aren't exactly skyrocketing, but 1000% increase since the 90s? That's some next level price inflation right there. They're basically making insulin for profit, not people with diabetes. And good luck getting them to spill the beans in court... 
.
. But seriously, I hope this case makes some real change in the industry. Patients need affordable meds, not a never-ending supply of profits 
. 1k% price hike since the 90s? That's just insane 
. Let's make sure people aren't dying because they can't afford their meds 
.