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ATROCIOUS big pharma price gouging of insulin:
This crying mother can’t afford the $1000 for her son’s insulin.
yet, it only costs pharma $5 to produce.
Insulin was invented 100 years ago by Fred Banting—who donated patent for $1 to make it free for all.
Let that sink in.pic.twitter.com/7wXpzL8cMV
2) Insulin is one of the most disgusting cases of price gouging ever. America has long taken a free market approach to pharmaceuticals. Drug companies haggle separately over drug prices with a variety of private insurers across the country... https://www.google.com/amp/s/www.vox.com/platform/amp/2019/4/3/18293950/why-is-insulin-so-expensive …
3) “Meanwhile, Medicare, the government health program for those over age 65 — it’s also the nation’s largest buyer of drugs—is barred from negotiating drug prices. That gives pharma more leverage, and it leads to the kind of price surges of EpiPens, opioid antidotes, & insulin.”
4) In 2018:
Johnson & Johnson CEO made $30M
Pfizer CEO made $28M
Merck CEO made $18M
Eli Lilly CEO made $16M
Gilead CEO made $16M
Meanwhile:
Americans spent $535B on Rx drugs
1/4 of diabetics rationed insulin to survive
500K Americans went bankrupt from medical bills.
5) What’s the right price patients should pay for medications? ZERO dollars, because no copay ==> more patients get their medicine ==> saves lives and saves money. Copays decrease adherence, and copays hurt patients who actually need them.
6) Yet, America has the highest rate of skipping drugs -- 1 in 6 patients!!! It’s shameful how much Americans have to skip their prescription medicine compared to other countries that pay much less and have zero copays. https://www.nytimes.com/2019/11/11/upshot/drugs-cost-diabetes.html …pic.twitter.com/1JEKmsFE1c
7) Not just insulin, parents of kids with allergies are forced to shell out $600 for EpiPen because it is a matter of life and death. Here is a dark story about Mylan, the EpiPen maker who pharma jacked up the price from a few $ to $600.
8) First, Mylan didn’t even invent epinephrine, which is simply our human hormone, better known as *adrenaline*, packaged into an 
injector (not some wild invention), invented by scientists paid by taxpayers. But big pharma gets to hold parents of kids with allergies hostage.pic.twitter.com/fvOOAT2fEh
9) Even worse, Mylan was also recently ***criminally charged*** by Department of Justice for outright fraudulent EpiPen billing, and fined $465 million for its corruption.https://www.justice.gov/opa/pr/mylan-agrees-pay-465-million-resolve-false-claims-act-liability-underpaying-epipen-rebates …
10) What we need most of all is #MedicareForAll.
My wife @andreafeigl1 & I used to study universal health care. Key factors of success:
Not dictatorship—10x
Proportional rep elections—2.8x
Less ethnic fractionalization—2x
Less wealth inequalityhttps://www.sciencedirect.com/science/article/abs/pii/S0168851013001711 …
11) if you cannot afford your hospital bills... here is something important to know...https://twitter.com/DrEricDing/status/1351360824917569537 …
DID YOU KNOW—non-profit hospitals in the US legally have to forgive your medical bills if you are too poor to pay.
Please share.
(Contact: 12) AOC nails it… thread 
below…https://twitter.com/DrEricDing/status/1390128730576760833 …
13) the pharma profiteering continues, today it was @katieporteroc grilling @abbvie CEO Richard Gonzalez…. Listen 
https://twitter.com/DrEricDing/status/1394778043764248579 …
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