If you are parents of children with life-threatening allergies, you know EpiPens and the recent massive price increases.
Epinephrine relaxed the incidence of allergic reactions, so you can save people suffering from life-threatening reactions, such as bee stings or food allergy cases swelling of the muscles in the throat of life.
I know this whole thing, but it is not just very unhappy. On costs and basically every little detail about what lurks behind this mess sad.
My oldest son is a life-threatening food allergies, food – dairy, eggs, and most nuts, peanuts and sesame seeds. Because he was diagnosed with allergies, we always carry at least one EpiPen and Benadryl and join us.
For many years we have insurance coverage, so we were able to get only the Rx insurance EpiPen, so no big deal. We will pay $10-$40 per year for our son’s EpiPen prescription and that’s it.
However, things have changed.
With skyrocketing insurance costs, along with my husband’s employer health care plan, annual changes, and now we have a high-deductible plan.
Is very high.
So this year, this time to help my son’s EpiPen when a Cup is our online coupons, we always use, and your local Walgreens to refill the prescription to the EpiPen.
This time, however, we got a big surprise.
Make a surprise $ 600.
Pharmacists call cost EpiPen, ask me for $600 +. I almost fainted, then asked him about our coupons. Well, he further pointed out that there is fine print on the coupon (there is no – I guess it is on their website) indicates there is discount coupons and great value is about $ 100.
“Exactly what this rise in prices, and what can I do about it? “I don’t know.
So I found out about it. It is not a beautiful story.
Why EpiPen costs increase?
There are a lot of fishy things around the EpiPen costs fast growth.
EpiPen costs have increased, but with a pharmaceutical company in order to develop a universal settlement, prices begin to increase more quickly.
“We are now seeing is indicative of how much the pharmaceutical company Mylan company monopolies-they price higher briefly during the negotiations, they can, as long as they can,” David Whitrap, a spokesman for express scripts, said in an e-mail. (Source)
EpiPens make Mylan 40% of the company’s profits. The same project equipment prices in France is only $ 40. (Source) EpiPen in a few years ago was only US $ $50-60. (The source), but the cash price of at least $ 600.
Mylan said EpiPen cost increased due to technological improvements in product (source), but according to the owner of the Rx savings solution, Michael. Ray he knew nothing about it (emphasis mine) about the EpiPen should have affected the cost components of the cost. (Source) Purvi Dr Dr Mr Parekh agreed that the EpiPen years unchanged. (Source)
He said it was instead just effective marketing. This article in Bloomberg agreed, saying, “” they have to do with nobody thought you can do a lot of assets, so that its products work great. (Source)
I do not agree. Marketing is huge price reasons, because it increases demand, but on the other side of the coin–there is no competition.
As the article correctly noted that a whole range of monopoly as the EpiPen and until Government, in a manner that allows competition, prices will remain too expensive.
Mylan’s CEO stated that “obamacare” has been the fact that the cost increase is due. In a sense, she is right but is not the only confusion do we got? Get obamacare insurance costs so high, more and more people with high deductibles and no Rx copays, so now, rather than pay the small open boat plan or $ 0, and EpiPen, like we do with people throughout the cash price. Of course, Bresch conveniently ignores how much costs increased as Mylan company began manufacturing equipment.
Mylan’s CEO compensation and ulterior transactions
Heather Bresch, Democratic Senator Joe · Manchin (West Virginia) ‘s daughter won $ 2.4 million in 2007. Last year, she made $ 18.9 million. Basically, her salary increased 600% EpiPen prices rose 400%. (Source) I was not to limit salaries, the Government (except yourself), but I think shareholders should protest against this and we should just take our business elsewhere.
OK-if she had done this kind of savvy marketing, is for the company to make a lot of money, so be it. But performance. Time to buy the rest of the adrenaline.
Even more disgusting is that the EpiPen development is purely in taxpayers ‘ money. I know all of us the value of research and development in the pharmaceutical industry, but come on. Plus, I’d rather see see all research and development in the field of natural medicine like antibiotic side effects.
Mylan’s shady social reintegration
This is where it gets really ugly.
Despite the increase in prices, Mylan company moved to further maximize their profit margins in murky accounting trick, known as the tax back. Mylan company in 2014, set out the Netherlands to reduce its effective tax rate, while its operational headquarters remained in Pennsylvania. Although said Mylan inversion should be illegal even defended her biological father Bresch inversion in an interview with the New York Times. (Source)
So the company simply cannot stay in the United States despite an increase of growth and profits, and they put all their competitors out of the market?
High corporate tax rate (and corruption) what did you see? No tax–what it is.
Alternatives to emergency care and EpiPen
For families and individuals dealing with an allergic reaction, EpiPen increased costs became prohibitive, but for emergency personnel, serious problems because they need to buy multiple devices every year.
According to this article, some EMTs use syringe of adrenaline and epinephrine injection is not to save money. (Source)
It is interesting to note the following emergency in the statistics in the above article, also pointed out that switching to syringes, since there is no problem with security:
Salt Lake health care workers and emergency response, according to the Fire Department for almost a year, 23,000 medical calls.
Less than 120 telephone deal with allergic reactions and anaphylactic shock is only seven.
In fact, Illinois passed a law allowing all EMTs management use a syringe instead of overpriced EpiPens epinephrine. (Source)
Automatic syringe as well as easier to use.
EpiPen on sale
Under pressure, Mylan recently agreed to increase to the maximum of $ 300 in coupons.
Thank you, Mylan company. So now I can pay only $350-ish, I need a Cup in July next year, obviously, since that’s mandatory Twin Pack was in Walgreens due.
Of course, I could visit all over the city to see if another pharmacy to further an expiration date, but I think this is the case, so it might not be worth my time.
Aka how to throw a Mylan company under the bus
Let me make that clear. This year, I’m not going to buy Mylan EpiPen. It can’t be.
Many people have called on Congress to investigate the situation.
Yes, I want to stop corruption, but I don’t know it, there’s the answer. I personally advocate for CDC whistleblower, appear before Congress, but lawmakers don’t do anything too much weight. Nothing about Hillary Clinton. Clinton’s e-mail, and what to do about it. So why should we expect them to do what? (As an aside, Mylan company is the Clinton Foundation’s great contribution, so lets not hold our breath on Hillary to do anything if she entered office) (source)
We spend a bunch (that’s you and me) of taxpayer income, then we end up – Nada.
I’m more small government people, so my idea is to let free market, working on this one and just don’t buy anything from Mylan company.
I did a bunch of research, here are some low-cost alternatives.
Get in touch here to go to GoodRx. You apply for a card, you can use the card to participate in pharmacy to get adrenaline injection-$144.62 (when published). I’ve tried, to no avail, so I will call again this week coming.
Still not cheap, but it sure is a lot better than paying more than $ 500.
Here is a list of pharmacies that may participate in the GoodRx program. Always call prior to the pharmacy, you must check.
There are many places to let your adrenaline syringes in Canada. I checked multiple Canada sources, but Northwest pharmacy is the best price so far.
Northwest pharmacy quote $77.99 me for epinephrine injector plus $9.99 shipping. They will only accept check payments. Their dual injector is $ 144.79.
Yes, this stinks of the United States economy, so I prefer to shop at GoodRx. Coupled with this is a slightly better deal than buying 2 from Canada, so this is my first suggestion.
Cash price of a generic epinephrine injectors are still too expensive, in my opinion, it is much better than $650-ish 2.
I have our PCP called for him to talk about it. Has himself injected with vitamin B12 shots for my son, so use the syringe is not a concern for me (although I’d like to train), but like Salt Lake City EMTs carry type would be the best choice in this case certainly is to reduce administrative time preloaded syringes.
My son is very careful (or even overly cautious), and we almost never eat it, which limits opportunities for serious reactions. However, this fear is, and when you are dealing with a life-threatening problem, security trumps cost.
Expiration of EpiPens
Finally, I would like to add a bit of information. While you sort through this, if you have an expired EpiPen, keep it.
If you are involved in cases of anaphylaxis, 2-3 years out-of-date injector of epinephrine adrenaline still contains its original 90%. 5-7 syringe, about 70% to leave their adrenaline. So it is better than no adrenaline. (Source)
Among other places to buy your epinephrine injector, please do your part and vote. Involved in the political process, with cronies and demand accountability from politicians, local and at the national level.
What do you do about high cost of EpiPens?
EpiPen post theft: alternatives, suspicious transactions and what you can do about it first appeared in the new mother.