Trump says insulin is now so cheap, it's 'like water.' It isn't

[Zorro]

There was much to dislike in this week’s presidential debate — the lies, the rudeness, the inability of the White House incumbent to rise above the level of a cranky kindergartner.

For me, the low point came not when President Trump refused to condemn white supremacy, and not when he tore into the sons of Democratic candidate Joe Biden, but when he once again sought to convince the American people that he had single-handedly lowered the cost of prescription drugs.

Trump claimed that drug prices “will be coming down 80% or 90%” thanks to him.

He claimed that a series of executive orders have forced pharmaceutical companies to slash prices.

And the one that floored me: Trump claimed that the cost of insulin is now so low, it’s practically free.

“I’m getting it for so cheap, it’s like water,” he said. “You want to know the truth? So cheap.”

Like water.

https://www.latimes.com/business/story/2020-10-01/trump-drug-prices-insulin-cheaper-than-water

[Moostache]

1. Is he a diagnosed diabetic?

If not, why is he 'getting it for so cheap' in the first place? Or is he just benefitting from government run healthcare?

Which is it Trump?

[Guilded Lilly]

6. That was my question...is he personally taking insulin?

[marble falls]

16. If not, maybe he should. It's used therapeutically in the treatment of certain mental illnesses.

[lunasun]

2. Lot of people wondering what kind of water he drinks (tweet)

Link to tweet

STFU Donnie

[underpants]

3. Thanks. I was wondering about this.

Why I was wondering, I don’t know. He’s either always lying or repeating some stupid talk radio convoluting of an actual story.

[ihas2stinkyfeet]

4. it should be. how there is a patent on something that old is beyond me.

[I_UndergroundPanther]

8. The guy who made the first insulin by engineed

Bacteria,wanted insulin to never be patented.
He wanted it to be sold at low prices because it's nesessary to live if you're diabetic. I take meds for diabeties hope I never have to go on insulin.

[ihas2stinkyfeet]

9. still waiting to see endocrinologist.

getting a ct tomorrow. glad to hear there are meds short of insulin. def dont want to go there myself.

[SCantiGOP]

14. Inventor put insulin in the public market

And also specified that it could never be sold for more than its actual production cost.
Years later, a company bought the patent, spent years in court, and won a court case that the no profit rule did not apply to them as the new holder of the patent.

[SCantiGOP]

5. Based on production costs

Insulin should cost less than $10/month.
The reason it costs about $400/month is all about profit.

[dalton99a]

7. Goddamn liar.

[ResistantAmerican17]

10. Had to have my pancreas removed due to medical negligence.

With my pump I use one vial every 8-9 days. $340 per vial. If I lose my insurance I’m dead.

[lettucebe]

11. Where exactly can we see the list of drugs that have reduced prices?

He claims this but where's the proof?

[Paladin]

12. Miserable, lying fuckhole.

If it weren't for insurance, each small vial of insulin would cost me several hundred dollars. I've heard rumors of prices coming down, but I certainly don't believe them.

[BlueWavePsych]

13. Canada won't give their supplies and ...

Big Pharma won't bring prices down. DUH!

[I_UndergroundPanther]

15. Insulin cost

Is a major reason I want the ynx route stomach surgery. It will reduce my stomach to the size of a fist.
Secondly it has an 80-90% cure rate to eliminate diabeties.

Recovery will be hell and I will have to take suppliments all my life and forever eat small portions often ,afterwards but if it ends my diabeties,it's worth it.