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Post by minnlearner on Jun 13, 2019 9:16:55 GMT -5
I was just thinking, as always a dangerous thing, but up here in MN everyone is pissed about people dying because they can't afford insulin , EVEN THE GOVERNOR! OK, I have seen a number of articles where groups of parents caravan up to Canada to get insulin and it is getting a bit of coverage, OK, I know this is a cost/availability issue but couldn't this be a great Knight on a White Horse issue if Mankind rode in and helped save the day by getting our product to those in need in MN? The Gov would probably get in the act, the foundation created to remember the student who died due to lack of insulin would prob jump in and all the families who didn't need to go to Canada...... Boom! Can't pay for publicity and Exposure like this. Even if we gave out samples as 'emergency' measures......just sayin' My $.02 and that may be what it is worth but maybe worth a look
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Post by tw12 on Jun 13, 2019 9:29:26 GMT -5
Good idea! Please let us know how you make out with your emails today to Mike C, the governor, the state board of health, that foundation and whomever else you come up with...
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Post by shawnonafrezza on Jun 13, 2019 9:33:59 GMT -5
This can open up a huge can of worms. "Oh, you can just give out insulin in an emergency, why is it so expensive then?". Yes, that's the US healthcare system for you but do you really think that's how it'll get spun? Maybe something to do with their savings card. I'm also not sure how it works since it's a prescription item, you can't really just hand that out.
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Post by rtmd on Jun 13, 2019 9:49:01 GMT -5
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Post by hopingandwilling on Jun 13, 2019 9:52:55 GMT -5
Minn,
The problem with your plan is simply the fact that Afrezza is at the top of list in causing this inability for patients being able to afford their insulin cost. Afrezza is the most expensive insulin on the market--so you want MNKD to now give it away for free? Sounds like socialism to me! MNKD stock now is being punished because they can't generate a profit--so giving it away, are you advocating for your stock become worthless? Most of the largest insulin companies have cut their prices drastically, I can find no record where MNKD has ever cut their prices--in fact they now claim their revenue is growing while their new prescriptions remain flat---so wouldn't it make sense that the cost for the individual is going UP-- Just asking!
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Post by celo on Jun 13, 2019 10:20:40 GMT -5
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Post by minnlearner on Jun 13, 2019 10:22:03 GMT -5
will do
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Post by minnlearner on Jun 13, 2019 10:27:36 GMT -5
Unfortunately, Mannkind can't or has decided not to help." Read more: mnkd.proboards.com/post/new/11298#ixzz5qk5CHnMpI understand there are details to work out IF this is able to be done. Is there anyone in Mannkind reading this and can they respond to the statement "Unfortunately, Mannkind can't or has decided not to help." I sincerely would like to know. Maybe send notices to all MD in MN and ask them for targeted "in desperate need' cases and try and supply through them at cost/free/whatever? Ask MN Gov to set up fund for this? OK< these are just ideas but they may be something. |
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Post by minnlearner on Jun 13, 2019 10:29:36 GMT -5
Americans stage 'caravan to Canada' to buy cheaper insulin - CBC.ca www.cbc.ca/.../americans-stage-caravan-to-canada-to-buy-cheaper-insulin-1.51... May 8, 2019 - How far did you travel to buy this insulin in Canada? ... And the issue with insulin, though, is that it's getting more expensive to ... And there's a very sad story here in Minnesota of a young man, Alex Smith, who lost his mother's ... Group 'caravans' to Canada for cheaper insulin | TheHill thehill.com/policy/.../442473-group-caravans-to-canada-for-affordable-insulinMay 7, 2019 - ... to regularly travel into Canada and obtain insulin at a cheaper price ... in Canada ✅ =6 happy & grateful ppl w/type 1 diabetes & T1 Mom's ... American 'caravan' crossed Canadian border to buy affordable ... thinkprogress.org/caravan-of-americans-crossed-canadian-border-to-purchase-... May 7, 2019 - So Nystrom took it upon herself to find a temporary solution. Last week, she and ... =6 happy & grateful ppl w/type 1 diabetes & T1 Mom's ... 'Caravan' of Americans Crossing Canadian Border for Affordable ... www.msn.com/en-ca/news/world/caravan-of...canadian.../ar-AAB2e0wMay 7, 2019 - A group of Minnesotans with diabetes said they were traveling five hours ... Twin Cities in Minnesota to Fort Frances in Ontario, Canada, where she said ... Should be getting to Fort Frances, Canada __ around 3 p.m. to get our insulin. ... So, we will travel another 5 hours north so we will only have to pay $30 ... Diabetics push for insulin-aid bill in Minnesota | Duluth News Tribune www.duluthnewstribune.com/.../government.../4612295-diabetics-push-insulin... May 13, 2019 - Insulin price increases have Minnesota legislators looking at overall ... “If I go even a couple of hours without insulin, I run the risk of ... women, three of whom had just gone on a “caravan to Canada” to buy cheaper insulin. How Americans are using pilgrimages to Canada to get cheaper insulin www.statnews.com/2019/05/09/pilgrimage-to-canada-for-insulin/May 9, 2019 - Insulin in Canada sells for a fraction — roughly one-tenth — of what it costs in the U.S., ... For one mother, it was also an act of remembrance. ... a Minnesota native who has a daughter with type 1 diabetes and has made a habit of ... “Just the thought that I don't have to keep going to a pharmacy and being ... Twin Cities mother fights for lower insulin prices after death of diabetic ... www.twincities.com/2019/.../insulin-cost-prescription-drugs-diabetes-insurance/Jan 9, 2019 - He said, “Seriously, Mom, I think something is really wrong with me. ... In Type 2, generally, the body has become resistant to insulin's effects. ... He opted to go without insurance, forgoing that expense to focus on paying for his ... to treat diabetes for almost a century, since Canadian researchers isolated the ... Minnesota man wants to know why insulin costs $40 in Canada, $350 ... www.twincities.com/.../minneosta-man-wants-to-know-why-insulin-costs-40-in... Feb 19, 2019 - Minnesota man wants to know why insulin costs $40 in Canada, $350 in US ... Travis Paulson poses for a portrait in his mother's sunroom on February 13. Paulson ... Paulson used to go days without eating to ration insulin. ... Pete Stauber, R-Hermantown — for reform but doesn't like to get specific; Sen. Insulin outlaws: High cost of medication drives ... - Star Tribune www.startribune.com/insulin-outlaws-high-cost-of...minnesotans.../509802712/May 12, 2019 - Fort Frances, Ontario – Six Minnesota diabetes activists, who have dubbed ... trip's organizer and mother of a teenage daughter with Type 1 diabetes. ... “You hear all this talk ... that you should not go to Canada to buy drugs.”. Americans driving to Canada for cheaper insulin as prices skyrocket ... www.independent.co.uk › News › World › Americas May 11, 2019 - As insulin prices soar to new heights, some Americans have decided to ... People from Minnesota who are part of the #Insulin4All initiative organised a ... Quinn Nystrom, one of the women involved with Caravan to Canada, told ... In an era of political lies and Brexit spin, turn to a truly independent source. |
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Post by lojothehus on Jun 13, 2019 10:42:35 GMT -5
Your idea is great! In a perfect world, it would be greater if MNKD was able to do this for the simple fact that no one should have to die because they cannot afford insulin. It does not have anything to do with Socialism. However, it is not a perfect world and as one person stated, "people will bring flowers to your funeral, but won't bring you a bowl of soup when you're sick."
However, if you can spend $9 million dollars upward for a commercial that really bombed; why not come to the rescue of these people in Minnesota. Why not put together a program to help disadvantaged people get a valuable product? Why not save lives and limbs? I can tell you why MNKD should do this....it's called publicity. It provides free effective advertising. So for all of you who feel that helping the poor is a crime, look at it this way. It's simply an effective marketing scheme, that's humanitarian in nature and everyone sleeps well at night as the SP soars.
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Post by matt on Jun 13, 2019 10:55:42 GMT -5
Minn, The problem with your plan is simply the fact that Afrezza is at the top of list in causing this inability for patients being able to afford their insulin cost. Afrezza is the most expensive insulin on the market--so you want MNKD to now give it away for free? This is clearly an issue. The net revenue MNKD gets from Afrezza can barely cover the cost of manufacturing, and any other expense contributes to the monthly operating loss. In short, MNKD is not is a position to lower prices as any price reductions would increase the losses dollar for dollar. Remember too that Lilly and Novo were both highly profitable selling their products ten years ago, and if they reduced prices back to 2010 levels they would likely still be profitable (most of the price increases have gone to PBMs and managed care companies in the form of rebates; Lilly recently claimed that they make 8% less on insulin than they used to due to changes in the rebate structure). So yes, insulin costs to much in MN and every other state when compared with Canada. The last thing MNKD shareholders want to do is to see a roll-back to 2010 pricing with no rebates as that would cast a huge spotlight on just how expensive Afrezza is relative to other products. However, if we want drug costs to come down in this country then PBM rebates are going to go away, or at least be passed onto the patient that buys the drug. |
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Post by Thundersnow on Jun 13, 2019 11:10:36 GMT -5
Unfortunately, Mannkind can't or has decided not to help." Read more: mnkd.proboards.com/post/new/11298#ixzz5qk5CHnMpI understand there are details to work out IF this is able to be done. Is there anyone in Mannkind reading this and can they respond to the statement "Unfortunately, Mannkind can't or has decided not to help." I sincerely would like to know. Maybe send notices to all MD in MN and ask them for targeted "in desperate need' cases and try and supply through them at cost/free/whatever? Ask MN Gov to set up fund for this? OK< these are just ideas but they may be something. The only way I see this happening is for STATES to subsidize the price of insulin. They would negotiate a price with the drug company and the patient pays a fixed price. That would create a SHIT STORM with other drug companies and could lead to more problems. When are people going to realize we already live in a Socialist Society. Medicare? Gov't giving Subsidies to Farmers? Gov't bailing out Auto Industry? Gov't bailing out the BANKS? |
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Post by mnkdfann on Jun 13, 2019 11:16:34 GMT -5
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Post by dh4mizzou on Jun 13, 2019 11:36:34 GMT -5
Minn, The problem with your plan is simply the fact that Afrezza is at the top of list in causing this inability for patients being able to afford their insulin cost. Afrezza is the most expensive insulin on the market--so you want MNKD to now give it away for free? This is clearly an issue. The net revenue MNKD gets from Afrezza can barely cover the cost of manufacturing, and any other expense contributes to the monthly operating loss. In short, MNKD is not is a position to lower prices as any price reductions would increase the losses dollar for dollar. Remember too that Lilly and Novo were both highly profitable selling their products ten years ago, and if they reduced prices back to 2010 levels they would likely still be profitable ( most of the price increases have gone to PBMs and managed care companies in the form of rebates; Lilly recently claimed that they make 8% less on insulin than they used to due to changes in the rebate structure). So yes, insulin costs to much in MN and every other state when compared with Canada. The last thing MNKD shareholders want to do is to see a roll-back to 2010 pricing with no rebates as that would cast a huge spotlight on just how expensive Afrezza is relative to other products. However, if we want drug costs to come down in this country then PBM rebates are going to go away, or at least be passed onto the patient that buys the drug.
sounds like something that should be investigated, no?
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Post by buyitonsale on Jun 13, 2019 11:44:25 GMT -5
Email your idea to Castagna or It’s wasted.
Same goes for all good ideas discussed here.
Whatever happens on PB stays on PB.
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