Americans pay the highest prices for insulin in the world. In Canada, a vial costs $12. In the United Kingdom, it’s $7.25. But in the United States, one unit of insulin costs $98.70! This is outrageous!

Now, Democrats are finalizing legislation that will cap insulin prices at $35 a month! It’s up to us to make sure that this measure becomes law, along with other provisions of the Build Back Better Act that take on Big Pharma greed.

7 million people in this country need insulin every day to survive, but 1 in 4 of them have to ration their medicine because it’s too expensive. Rep. Cori Bush explains this crisis in More Perfect Union’s new report:

Why is insulin so expensive in the United States of America? Because of Big Pharma greed.

The inventors of insulin sold its patent for $1 nearly 100 years ago -- so that this life-saving medicine would be available to all. But instead of honoring that intention, the three companies who control 90% of the world's insulin supply -- Eli Lilly, Sanofi, and Novo Nordisk -- have worked in tandem to systematically raise prices. The price of insulin in the United States has increased more than 1,400% over the past 25 years.

What has happened with insulin is only the most egregious example of Big Pharma’s business model. That’s why majorities of Democrats, Republicans and Independents support efforts to lower drug prices contained in the Build Back Better Act, including an insulin price cap.