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TED-Ed

Who is to blame for high prescription prices? - Kiah Williams

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1,790 Questions Answered

TEDEd Animation

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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.

Additional Resources for you to Explore

The cost of prescription medicine is an area of big public concern in the US. 8 in 10 adults say the cost of prescription drugs is unreasonable, and 1 in 4 say that it is difficult to afford the cost of their prescriptions. Read more about what Americans think about drugs and their prices here.

For patients whose costs are too high, patient assistance programs- usually sponsored by the pharmaceutical companies making each drug- can provide financial assistance for those who don't have insurance or are underinsured. Taking generic drugs can also be an option to reduce costs. Generics are only available after a brand-name drug's patent and market exclusivity expire. They have the same active ingredient but can be much lower in cost (sometimes 85% less) because they introduce price competition.

Another resource for patients in need are prescription drug donation and reuse programs, usually called drug repository programs. Places like hospitals, pharmacies, and long-term care facilities have billions of dollars of extra, unused medicine every year that goes to waste. SIRUM is a nonprofit that helps organizations and even individuals donate their unused medicine to repository programs, and has become the nation's largest redistributor of surplus medicine.

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Meet The Creators

Educator
Kiah Williams
Director
Serin İnan, Tolga Yıldız, Kozmonot Animation Studio
Narrator
Christina Greer
Storyboard Artist
Metin Dilek
Animator
İrem Usta
Art Director
Tolga Yıldız
Composer
Tolga Yıldız
Sound Designer
Tolga Yıldız
Director of Production
Gerta Xhelo
Produced by
Sazia Afrin
Editorial Director
Alex Rosenthal
Editorial Producer
Cella Wright
Script Editor
Max G. Levy
Fact-Checker
Charles Wallace
Expert Consultant
Karen Van Nuys
Special Thanks
Jen Chin, Adam Kircher, George Wang

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