Wednesday June 19, 2019

U.S. Senators Launch Investigation on Rising Insulin Prices

U.S. lawmakers have intensified scrutiny on prescription medicine costs as the issue consistently polls as a top voter concern.

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A syringe with insulin. VOA

Two U.S. senators launched an investigation into rising insulin prices on Friday, sending letters to the three leading manufacturers seeking answers as to why the nearly 100-year-old drug’s cost has rapidly risen, causing patients and taxpayers to spend millions of dollars a year.

Republican Sen. Chuck Grassley of Iowa, chairman of the Senate Finance Committee, and Sen. Ron Wyden of Oregon, the committee’s top Democrat, sent letters to the heads of Eli Lilly and Co., Novo Nordisk A/S and Sanofi SA, the longtime leading manufacturers of insulin.

The senators pointed to similar, large insulin price increases at all three companies. Eli Lilly’s Humalog, for instance, rose from $35 to $234 per dose between 2001 and 2015, a 585 percent increase, they wrote. Insulin has been available since the early 20th century.

The senators asked for information on the process used to determine list prices and the process used to determine net prices after negotiations with pharmacy benefits managers (PBMs) and health insurance plans. Their letters also asked for information about the cost of research and development, production, revenues and gross margins from insulin sales.

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U.S. lawmakers have intensified scrutiny on prescription medicine costs as the issue consistently polls as a top voter concern. Pixabay

“These hardships can lead to serious medical complications that are entirely preventable and completely unacceptable for the world’s wealthiest country,” the senators wrote in similarly worded letters.

‘Increasingly severe hardships’

“We are concerned that the substantial increases in the price of insulin over the past several years will continue their upward drive and pose increasingly severe hardships not only on patients that require access to the drug in order to stay alive but also on the taxpayer,” they wrote.

While Democratic lawmakers have launched several drug price investigations, this is one of the first bipartisan inquiries.

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“These hardships can lead to serious medical complications that are entirely preventable and completely unacceptable for the world’s wealthiest country,” the senators wrote in similarly worded letters. Pixabay

The Senate Finance Committee has the power to subpoena drugmakers.

The letters came just days before the same committee is scheduled to hold a hearing with seven pharmaceutical company executives, the latest congressional hearing on rising drug prices.

Also Read: What Does Architecture Of Houses in U.S. Tells Us About America

U.S. lawmakers have intensified scrutiny on prescription medicine costs as the issue consistently polls as a top voter concern. In January, top Democrats on the House Energy and Commerce Committee also wrote to the three insulin manufacturers asking for information on why their prices have rapidly risen.

About 1.2 million Americans have type 1 diabetes, requiring daily insulin. Type 2 diabetes, which affects nearly 30 million Americans, according to the American Diabetes Association, is treated with a variety of other medicines. But those patients may also eventually become dependent on insulin. (VOA)

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Just Spending 2 Hours a Week in Nature can Work Wonders for Health, Well-Being

It's well known that getting outdoors in nature can be good for people's health

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Nature, Health, Well-Being
People who spend at least 120 minutes a week with nature are significantly more likely to report good health and higher psychological wellbeing than those who do not visit nature at all during an average week. Pixabay

If you are looking for that elusive secret to good health and wellbeing, your search may stop now as a new large-scale study has found that spending just two hours a week in the neighbourhood park may do wonders for your mind and body.

People who spend at least 120 minutes a week with nature are significantly more likely to report good health and higher psychological wellbeing than those who do not visit nature at all during an average week, said the study published in the journal Scientific Reports.

“It’s well known that getting outdoors in nature can be good for people’s health and wellbeing but until now we’ve not been able to say how much is enough,” said lead researcher Mat White of the University of Exeter Medical School in Britain.

“The majority of nature visits in this research took place within just two miles of home so even visiting local urban green spaces seems to be a good thing,” White said.

Nature, Health, Well-Being
If you are looking for that elusive secret to good health and wellbeing, your search may stop now as a new large-scale study has found that spending just two hours a week in the neighbourhood park may do wonders for your mind and body. Pixabay

However, no such benefits were found for people who visited natural settings such as town parks, woodlands, country parks and beaches for less than 120 minutes a week.

The study used data from nearly 20,000 people in England and found that it didn’t matter whether the 120 minutes was achieved in a single visit or over several shorter visits.

It also found that the 120 minute threshold applied to both men and women, to older and younger adults, across different occupational and ethnic groups, among those living in both rich and poor areas, and even among people with long term illnesses or disabilities.

“There are many reasons why spending time in nature may be good for health and wellbeing, including getting perspective on life circumstances, reducing stress, and enjoying quality time with friends and family,” said study co-author Terry Hartig of Uppsala University in Sweden.

Also Read- Countries Approved Projects Worth $1 Billion for Environment, Climate Change

“The current findings offer valuable support to health practitioners in making recommendations about spending time in nature to promote basic health and wellbeing,” Hartig said. (IANS)