Nov 14, 2023
World Diabetes Day: See Where Insulin Costs the Most π
Nov. 14 is World Diabetes Day, the world's largest diabetes awareness campaign.
What we're showing
The average cost of insulin across 32 major economies, using figures from a 2021 report by RAND Corporation.
Key takeaway
Insulin, a critical medication for managing blood sugar levels in people with diabetes, is extremely expensive in the U.S.
Context
- According to a 2020 report from the World Health Organization, diabetes is a top 10 cause of death globally.
- Deaths attributed to diabetes have climbed 70% since 2000.
- Over 7 million Americans require daily insulin.
What comes next?
Though insulin remains expensive relative to other nations, the tide appears to be turning. In March of 2023, the worldβs three largest insulin manufacturers committed to reducing the list price of the drug. The Biden Administration is also calling for a price cap on the life-saving drug.