Mylan's EpiPen Price Hike Has Us By The Throat.....Literally | The Odyssey Online
Start writing a post
Health and Wellness

Mylan's EpiPen Price Hike Has Us By The Throat.....Literally

They have increased the cost by over 400%, making the cost today over $600.

26
Mylan's EpiPen Price Hike Has Us By The Throat.....Literally
The New Yorker

In the allergy community, EpiPens are the topic of conversation. For those who are not aware an EpiPen or epinephrine auto injector, is a medical device for injecting a measured dose of epinephrine (adrenaline), by means of autoinjector technology to treat severe allergy reactions such as anaphylaxis. As the only medication that can potentially reverse anaphylaxis it becomes a necessity to those diagnosed with life threatening allergies. What makes this medication such a topic of conversation?

The price escalation that has occurred over the past few years is causing a uproar across the nation. In 2008, a 2-pack of EpiPens sold for just $100. They have increased the cost by over 400%, making the cost today over $600. EpiPen offers a $0 copay card, but this is only good for up to $300, so for most people it is just a $300 coupon. Now that seems like a good offer from Mylan, but think about it this way. The copay card used to be good for up to $100, but that was how much it used to cost so it was actually subsidizing the cost, but now they have increased the price so much that a $300 limit still only covers roughly half of the cost. Usually a product’s price increases because the product has been redesigned or been improved causing a cost increase due to change in mechanics. Mylan has not changed the mechanics of Epipen in at least ten years, but yet the price has still increased astronomically. According to a medical technology consultant cited by NBC News, "the cost to make an EpiPen is as little as $20 for Mylan to produce, making the price hike even more barbaric."

Mylan CEO, Heather Bresch, has also been getting a significant bonus from the price hike, 19 million to be exact, which is a 671% increase from 2007. Parents who have school-aged children with severe allergies have been hit a lot harder than some others because they need multiple EpiPens; one for school, home, their child’s backpack, and for the parent to carry (sometimes coaches for sports need one too). This could create an out-of-pocket cost that is nearly $2,500 which can be overwhelming cost for low income or uninsured families. A mother interviewed by CNBC, stated, "I took my kids back to visit their old daycare, and the manager there, she said, 'There is a child here with a severe egg allergy, and there is not an EpiPen there because her parents cannot afford to buy a second twin-pack. A child could be on the floor, not able to breathe, in a matter of seconds, because someone can't afford the $600,' she said."

EpiPen has a monopoly on the epinephrine auto injector market, especially since Auvi-Q was taken off the market in 2015 due to malfunctions in delivering the correct dosage of epinephrine. With the retraction of Auvi-Q, EpiPen has customers in the perfect position because they have no choice, but to pay the outrageous price in order to keep themselves or loved ones safe everyday. Fight back they say, but how? We can not boycott because this device is not a choice like Starbucks or which grocery store to shop at, it is essential for someone diagnosed with allergies to have this product.

As an EpiPen carrier myself I have seen first hand the importance of this medication. I was diagnosed with my severe food allergies at age four. Since then I have had quite of a few allergic reactions. Luckily, never needing to use my EpiPen, but one did put me in the hospital and could have warranted the use of an EpiPen, had it been a different type of reaction. Knowing how quickly a situation can go from just eating a nice meal to fighting for your life can be scary to think about. Something as simple as trying a new food can mean a trip to the hospital, if not done appropriately.

This decision is life or death and that just shouldn’t be the case. No parent should have to think about that, but with the price hike for some, it is just something they can not afford. So Heather Bresch, while you are enjoying your multi-million life, think about this -- how many people’s lives across the country are you putting in danger by making this life-saving device in a price range they can not afford?

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
campus
CampusExplorer

New year, new semester, not the same old thing. This semester will be a semester to redeem all the mistakes made in the previous five months.

1. I will wake up (sorta) on time for class.

Let's face it, last semester you woke up with enough time to brush your teeth and get to class and even then you were about 10 minutes late and rollin' in with some pretty unfortunate bed head. This semester we will set our alarms, wake up with time to get ready, and get to class on time!

Keep Reading...Show less
Student Life

The 5 Painfully True Stages Of Camping Out At The Library

For those long nights that turn into mornings when the struggle is real.

1767
woman reading a book while sitting on black leather 3-seat couch
Photo by Seven Shooter on Unsplash

And so it begins.

1. Walk in motivated and ready to rock

Camping out at the library is not for the faint of heart. You need to go in as a warrior. You usually have brought supplies (laptop, chargers, and textbooks) and sustenance (water, snacks, and blanket/sweatpants) since the battle will be for an undetermined length of time. Perhaps it is one assignment or perhaps it's four. You are motivated and prepared; you don’t doubt the assignment(s) will take time, but you know it couldn’t be that long.

Keep Reading...Show less
Student Life

The 14 Stages Of The Last Week Of Class

You need sleep, but also have 13 things due in the span of 4 days.

1141
black marker on notebook

December... it's full of finals, due dates, Mariah Carey, and the holidays. It's the worst time of the year, but the best because after finals, you get to not think about classes for a month and catch up on all the sleep you lost throughout the semester. But what's worse than finals week is the last week of classes, when all the due dates you've put off can no longer be put off anymore.

Keep Reading...Show less
Student Life

Top 20 Thoughts College Students Have During Finals

The ultimate list and gif guide to a college student's brain during finals.

314
winter

Thanksgiving break is over and Christmas is just around the corner and that means, for most college students, one hellish thing — finals week. It's the one time of year in which the library becomes over populated and mental breakdowns are most frequent. There is no way to avoid it or a cure for the pain that it brings. All we can do is hunker down with our books, order some Dominos, and pray that it will all be over soon. Luckily, we are not alone in this suffering. To prove it, here are just a few of the many deranged thoughts that go through a college student's mind during finals week.

Keep Reading...Show less
Student Life

28 Daily Thoughts of College Students

"I want to thank Google, Wikipedia, and whoever else invented copy and paste. Thank you."

1737
group of people sitting on bench near trees duting daytime

I know every college student has daily thoughts throughout their day. Whether you're walking on campus or attending class, we always have thoughts running a mile a minute through our heads. We may be wondering why we even showed up to class because we'd rather be sleeping, or when the professor announces that we have a test and you have an immediate panic attack.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments