The example of Insulin and the amount in Costs in Canada as compared to the United States illustrates clearly the corrupt nature of the Industry in the US along with how the Corrupt Government colludes with the Drug Industry to ensure profits come before peoples health.
The Drug Industry in justifying those high prices in the USA tend to repeat these talking points.
1>The high cost is due to the costs of Research and development wherein the Costs of R and D need to be recouped.
2>Other Countries with lower drug prices are getting a “free ride” for those lower drug prices and with the US Consumer in essence subsidizing the same with those higher prices.
This is an outright fabrication. Insulin was developed in 1922. There are no R and D costs to recoup. Added to that Insulin was developed in Canada and the Doctors that developed it sold the patent for a token 1$ as they wanted to ensure that all the people needing the drug could afford it.
The ONLY reason the costs so high in the US is that the Drug Industry is gouging their patients and this price-gouging happens in collusion with the US Government. That those higher costs existed through the Obama Presidency as well demonstrates that this collusion is bi-partisan.
There absolutely no valid reason that the US Industry should be getting away with this and that people DIE because of this makes the US Government complicit. This in fact is an example of the Government deciding who will “live and die” in that hallowed “Free market” system.