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Zorro

(15,691 posts)
Thu Oct 1, 2020, 10:23 AM Oct 2020

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

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

16 replies = new reply since forum marked as read
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Trump says insulin is now so cheap, it's 'like water.' It isn't (Original Post) Zorro Oct 2020 OP
Is he a diagnosed diabetic? Moostache Oct 2020 #1
That was my question...is he personally taking insulin? Guilded Lilly Oct 2020 #6
If not, maybe he should. It's used therapeutically in the treatment of certain mental illnesses. marble falls Oct 2020 #16
Lot of people wondering what kind of water he drinks (tweet) lunasun Oct 2020 #2
Thanks. I was wondering about this. underpants Oct 2020 #3
it should be. how there is a patent on something that old is beyond me. ihas2stinkyfeet Oct 2020 #4
The guy who made the first insulin by engineed I_UndergroundPanther Oct 2020 #8
still waiting to see endocrinologist. ihas2stinkyfeet Oct 2020 #9
Inventor put insulin in the public market SCantiGOP Oct 2020 #14
Based on production costs SCantiGOP Oct 2020 #5
Goddamn liar. dalton99a Oct 2020 #7
Had to have my pancreas removed due to medical negligence. ResistantAmerican17 Oct 2020 #10
Where exactly can we see the list of drugs that have reduced prices? lettucebe Oct 2020 #11
Miserable, lying fuckhole. Paladin Oct 2020 #12
Canada won't give their supplies and ... BlueWavePsych Oct 2020 #13
Insulin cost I_UndergroundPanther Oct 2020 #15

Moostache

(9,895 posts)
1. Is he a diagnosed diabetic?
Thu Oct 1, 2020, 10:25 AM
Oct 2020

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?

underpants

(182,271 posts)
3. Thanks. I was wondering about this.
Thu Oct 1, 2020, 10:36 AM
Oct 2020

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

I_UndergroundPanther

(12,450 posts)
8. The guy who made the first insulin by engineed
Thu Oct 1, 2020, 11:32 AM
Oct 2020

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

(1,400 posts)
9. still waiting to see endocrinologist.
Thu Oct 1, 2020, 11:47 AM
Oct 2020

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

SCantiGOP

(13,855 posts)
14. Inventor put insulin in the public market
Thu Oct 1, 2020, 01:40 PM
Oct 2020

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

(13,855 posts)
5. Based on production costs
Thu Oct 1, 2020, 10:42 AM
Oct 2020

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

ResistantAmerican17

(3,776 posts)
10. Had to have my pancreas removed due to medical negligence.
Thu Oct 1, 2020, 12:03 PM
Oct 2020

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

lettucebe

(2,336 posts)
11. Where exactly can we see the list of drugs that have reduced prices?
Thu Oct 1, 2020, 12:24 PM
Oct 2020

He claims this but where's the proof?

Paladin

(28,202 posts)
12. Miserable, lying fuckhole.
Thu Oct 1, 2020, 12:49 PM
Oct 2020

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.

I_UndergroundPanther

(12,450 posts)
15. Insulin cost
Thu Oct 1, 2020, 02:35 PM
Oct 2020

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.

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