– How does Insulin not have generic versions compared to something like Tylenol?
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I’m assuming your question revolves around “costs”. There is affordable insulin available at every Walmart for $25 a vial. Fact.
What nobody discusses is that there are different types of insulin. The Walmart version of insulin is older and requires the diabetic to strictly eat regularly and properly in addition to taking the insulin 4-5 times per day.
Some pharmaceutical companies created “new” long acting types of insulin. These new improved insulins provide “convenience” to diabetics by not having to be as strict with eating, and require only 1-2 injections per day. These are the insulin types everyone is outraged about concerning cost.
Unfortunately this comment will be downvoted heavily because it runs counter to the evil big Pharma crowd who use the word “insulin” broadly to mean ALL, but then only reference the new, improved insulins pricing to further their point and outrage.
I’m not debating drug pricing either way only that the insulin pricing issue and any issue should be presented with all the facts that we all be “informed” 🙂
TLDR; Inexpensive cheap “generic” insulin is available, but requires strict eating & multiple injections. Improved, convenient, longer lasting insulin is available and considerably more expensive for that convenience.
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