The Problem with Drug Pricing

With: Lindsey Elmore

Listen to "The Problem with Drug Pricing | Dr. Lindsey Elmore" on Spreaker.

In this eye-opening episode, Dr. Lindsey Elmore exposes the chaos unfolding in the UK as Mounjaro (weight loss/diabetes medication) prices skyrocket 170% overnight—jumping from £92 to £330 per month. Discover how Eli Lilly's "European price matching" triggered panic buying, crashed pharmacy websites, and left patients spending over £1,000 to stockpile medications. Lindsey examines the real-world impact, even in the U.S.: supply shortages, hoarding behaviors, and the unfair advantage given to those who can afford to bulk-buy versus patients with genuine medical needs. A must-listen for understanding how arbitrary pharmaceutical pricing decisions affect real people's access to life-sustaining medications.

Key Takeaways

Main Topic Introduction

  • 00:00-00:30: Discussion focuses on Mounjaro (weight loss/diabetes medication) pricing crisis in the UK

The Price Hike

  • 00:37-01:13: Massive 170% price increase starting September 1st, 2025
    (Current price: £92/month)
    New price: £330/month (up from planned £122/month)
  • 01:25-01:41: Eli Lilly justifies increase as "adjusting prices to match the rest of Europe"

Pharmacy Response

  • 00:37 & 01:41-02:01: UK's largest online pharmacy "Pharmacy2U" freezes prices, then stops sales entirely

Panic Buying Crisis

  • 02:09-02:34: Patients stockpiling medications before price hikes
  • 02:22: Pharmacies offering 3, 6, or 9-month bundles
  • 02:44-02:59: Real examples: patients buying 7-8 pens, spending over £1,000 in panic purchases
  • 04:35: Pharmacy websites crashing from demand

Supply Chain Impact

  • 02:59-03:24: Hoarding strains supply chains and prevents access for patients who truly need the medication
  • 03:24-03:44: Medical experts urge against hoarding injectable medications at home

Core Issues Identified

  • 03:51-04:12: Access and fairness concerns - distinguishing between medical necessity vs. cosmetic use
  • 05:37-05:57: Drug prices change "for no reason at all" with no patient input
  • 06:08-06:27: Need to prioritize patients who medically need medications over those who can afford to stockpile

Solutions Proposed

  • 04:59-05:27: Work with legislators through existing Inflation Reduction Act framework
  • 06:27-06:55: Legislative action needed to control "absurd" arbitrary drug pricing, especially for life-sustaining medications

Episode Conclusion

  • 07:06-07:14: Show closing: encouraging wise health decisions

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