Type 1 diabetes is an autoimmune condition that cannot be prevented or managed with diet, exercise or oral medications it must be managed with insulin. In 1923 Dr. Banting discovered insulin and was awarded a Nobel Prize. He donated his discovery so that insulin would be available for all.
To be clear, for Type 1 diabetics insulin isn't a luxury it is a necessity. If you do not take your insulin you will die.
Since 2002 insulin has tripled in price even though the medicine hasn't really changed. Many people cannot afford the price hikes but they need their insulin.
The three companies that make insulin, Sanofi-Aventis, Novo Nordisk and Eli Lilly have been accused of gouging diabetics with steep price increases. The Attorney General in Minnesota has accused these companies of engaging in a scheme to raise prices so they can offer rebates to pharmacy benefit managers and is currently suing them.
About Tatum & Atkinson, PLLC
Tatum & Atkinson, PLLC are personal injury attorneys who help individuals who have been injured in car wrecks or on the job. The firm practices statewide in North Carolina. Contact us at 800-LAW-0804 or visit www.tatumatkinson.com for more information.