Cut Insulin & Other Drug Prices By Up to 75% – Eliminate Prescription Drug Kickbacks

The Issue

Highly-inflated US insulin and drug prices are NOT due to a mysterious combination of drug-company greed, high research costs, and a "complex" pricing system. 

Take a Look behind the curtain and you'll see the cause really is a massive kickback scheme that defrauds millions Americans every day, every time they fill a prescription.  

For insulin, the kickbacks (politely called "drug rebates") represent almost 75% of US retail prices, as shown in the diagram from the drug companies themselves. 

It's simple math to see that 75% kickbacks require 400% price inflation.  A $100 vial insulin must be inflated to $400 to cover 75% percent kickbacks. 

Please join the Cheap Insulin Foundation (CIF) in petitioning Congress, President Trump, and HHS Secretary Alex Azar to take the necessary actions to: end the "drug rebates" (and other "pay-to-play" fees) paid to health insurers and pharmacy benefits managers (PBMs), and ensure that equivalent upfront price deductions are made.

Help Even More ...

1. Share our webpage about the problem (cheapinsulin.org/high-insulin-prices), and if you'd like to volunteer with CIF, click here to let us know.

2. Please support this effort and the our day-to-day work helping diabetic kids and adults get cheap insulin, insulin pumps & glucose monitors.  Join CIF today (for just $8/month), or make a one-time donation.

Thanks!

Keith Parisella, President
The Cheap Insulin Foundation
cheapinsulin.org
keith@cheapinsulin.org
Tel. (800) 215-2474

 

 

 

avatar of the starter
The Cheap Insulin FoundationPetition Starter

365

The Issue

Highly-inflated US insulin and drug prices are NOT due to a mysterious combination of drug-company greed, high research costs, and a "complex" pricing system. 

Take a Look behind the curtain and you'll see the cause really is a massive kickback scheme that defrauds millions Americans every day, every time they fill a prescription.  

For insulin, the kickbacks (politely called "drug rebates") represent almost 75% of US retail prices, as shown in the diagram from the drug companies themselves. 

It's simple math to see that 75% kickbacks require 400% price inflation.  A $100 vial insulin must be inflated to $400 to cover 75% percent kickbacks. 

Please join the Cheap Insulin Foundation (CIF) in petitioning Congress, President Trump, and HHS Secretary Alex Azar to take the necessary actions to: end the "drug rebates" (and other "pay-to-play" fees) paid to health insurers and pharmacy benefits managers (PBMs), and ensure that equivalent upfront price deductions are made.

Help Even More ...

1. Share our webpage about the problem (cheapinsulin.org/high-insulin-prices), and if you'd like to volunteer with CIF, click here to let us know.

2. Please support this effort and the our day-to-day work helping diabetic kids and adults get cheap insulin, insulin pumps & glucose monitors.  Join CIF today (for just $8/month), or make a one-time donation.

Thanks!

Keith Parisella, President
The Cheap Insulin Foundation
cheapinsulin.org
keith@cheapinsulin.org
Tel. (800) 215-2474

 

 

 

avatar of the starter
The Cheap Insulin FoundationPetition Starter

The Decision Makers

Donald J. Trump
Donald J. Trump
Former President of the United States
Alex M. Azar II
Alex M. Azar II
US Secretary of Health & Human Services

Petition Updates