POLITICO Dispatch

Why does insulin cost so much?

Episode Summary

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.

Episode 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.