In 2012, a person using insulinpaid $7.80 for an average amount of insulin per day. In 2016, thathad risen to $15.

The price of insulin has doubled per person overthe last 5 years, even though the number of users certainly hasn't.

In fact, the average daily insulin use during the sameperiod rose just 3 percent, according to a study from the Health Care Cost Institute. The study authorssaid that the per-person spending increase is due to price jumps, not more users.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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