
Why does insulin cost so much?
Insulin is what economists would call a super inelastic product — no matter what the cost is, people will pay for it because it's a life-saving medication. Two bills currently in Congress hope to drive down costs. Katherine Foley reports.
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Show Notes
Insulin is what economists would call a super inelastic product — no matter what the cost is, people will pay for it because it's a life-saving medication. Two bills currently in Congress hope to drive down costs. Katherine Foley reports.
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