An estimated 26.9 million people of all ages (8.2% of the U.S. population) have been diagnosed with diabetes. A further 7.3 million adults ages 18 years or older (21.4 percent of adults with diabetes) are estimated to have diabetes but are undiagnosed. For people with diabetes, insulin is essential for them to live but in the US, insulin prices have been much higher than elsewhere in the world resulting in crippling costs for users, so much so that some people cannot afford to buy the drug.
One of the major achievements of Democrats and the Biden administration in passing the Inflation Reduction Act (IRA) at the end of last year was that it allowed Medicare to negotiate down the price of insulin for those over 65.
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