From TED Ed.
Take a look at the US supply chain to explore the three main reasons why medications like insulin are so expensive.
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A century after its discovery, insulin remain essential in treating diabetes, and has a relatively low production cost, with a vial generally costing less than $6 to make. But those in the US pay on average 10 times more than those in other countries— leading some patients to take less than prescribed. Kiah Williams takes a look at the US supply chain to explore why medications are so expensive.
Lesson by Kiah Williams, directed by Tolga Yıldız, Serin İnan, Kozmonot Animation Studio.
Learn more about how SIRUM is reimagining health care access for those in need: https://sirum.org
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View full lesson: https://ed.ted.com/lessons/3-reasons-why-medications-are-so-expensive-in-the-us-kiah-williams
Dig deeper with additional resources: https://ed.ted.com/lessons/3-reasons-why-medications-are-so-expensive-in-the-us-kiah-williams/digdeeper
Animator’s website: https://www.kozmonot.tv
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