Why Insulin Is So Expensive and How California Aims to Make It Affordable

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Why Insulin Is So Expensive and How California Aims to Make It Affordable
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Video: American diabetes patients pay roughly eight times as much for insulin as the rest of the developed world. California Gov. Gavin Newsom recently announced the state will begin making its own to help lower the cost.

insulin got so expensive in the U.S. and explores whether a policy initiative like California's could succeed in driving down costs. Photo Illustration: Ryan TrefesNews moves fast, and there's not always time to untangle the complex forces driving the day's biggest stories. WSJ Explains breaks down big market moves, business and economic trends, and scientific developments to help you stay ahead of the curve.

In this video, WSJ looks at the economic and political implications. Photo Illustration: Laura KammermannValue menus shot to popularity in the ‘90s after the burger wars consumed the fast-food industry. And thanks to Americans’ love for cheap eats, they’ve stuck around. WSJ’s Heather Haddon explains how inflation and supply-chain issues are changing the value menu. Illustration: Adele MorganThe prices hospitals negotiate with health insurance companies are a major driver of high U.S.

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