The tendency to try to privatize everything from water and parking meters, to public education and even social security and maedicare, are hallmarks of greed. They see all that money in public institutions and can't wait to get their hands on it. This is a great example of how to disrupt that process.

Insulin costs for people with diabetes are too high. Can California produce a cheaper version? - Vox https://www.vox.com/policy-and-politics/23574178/diabetes-insulin-pen-injection-cost-california

#GreedKills
#NeoLiberalismKills
#KillPrivatization

"There are few better emblems of the failures of the US system of medical care than its inability to consistently provide insulin to Americans who need it.

The drug was discovered 100 years ago, and it provides essential and ongoing treatment for millions of people living with diabetes, one of the most common chronic diseases in the country. And yet one in six Americans with diabetes who use insulin say they ration their supply because of the cost. Some people end up spending nearly half of their disposable income on a medicine they must take to stay alive.

Though insulin generally costs less than $10 per dose to produce, some versions of the drug have a list price above $200. This is in part because, in the US, a warped market has allowed three companies to dominate the insulin business.

But if some states have their way, that may be about to change

With California leading the way, a handful of states are considering trying to disrupt the market for essential medications, starting with insulin. The plan would be to manufacture and sell insulin themselves for a price that is roughly equivalent to the cost of production.

Their premise: Take away the private market’s profit motive and maybe states can deliver affordable insulin as a wholly public enterprise, run by civil workers, that does not need to make money. Because these states buy a lot of drugs too, through their Medicaid programs and the health plans for government workers, they would also reap the rewards if those drugs are cheaper."