Erick Fernandez
Congrats to the person who created the fake Eli Lilly Twitter account and igniting a PR shaming cycle so intense that they had to cave
https://www.nytimes.com/2023/03/01/business/insulin-price-cap-eli-lilly.html
Eli Lilly to Cut Insulin Price and Cap Monthly Out of Pocket Costs at $35

The company also trumpeted an existing policy that caps monthly out-of-pocket cost for its lifesaving products at $35.

The New York Times
Mar 1, 2023 at 2:34pmMastodon for iOS
Show threadErick FernandezMar 1, 2023
With that being said, Eli Lilly is still wildly overcharging U.S. patients who need insulin in comparison to other countries.
Show threadJRMar 1, 2023
@ErickFernandez Gouge, the word is gouge.
Show threadmasukomiMar 4, 2023

@ErickFernandez “the policies announced Wednesday will not have much, if any, effect on what many people are actually paying.”…”Lilly plans to reduce that to $66. However, insurers already pay much less than that”

That article makes it sound like the changes they’re making are purely performative, and don’t really change anything.

Show threadbergmayerMar 1, 2023
@ErickFernandez hey, a positive effect of Musk owning Twitter
Show threadLife Sim EngineMar 1, 2023
@ErickFernandez shitposting saves lives
Show threadnovelgazer Mar 1, 2023
@ErickFernandez deleted my previous post as NYTimes has since updated the article with more details
Show threadStefan DembowskiMar 1, 2023

@ErickFernandez IMO, they’ll no doubt price gouge on another drug.

I hope not, but I can see it.

Show threadColinMar 1, 2023
@ErickFernandez @aetus something good actually came out of the blue check fiasco
Show threadGeGeGe no KitarōMar 2, 2023
@ErickFernandez can you provide more info or a way to get to that fake account? Thanks either way.
Show threadKevin Karhan Mar 3, 2023

@ErickFernandez well, not really.

Like #Shkreli they only shifted from direct to indirect payment.

At this point I'm woundering why Mexican cartels haven't started mass-smuggling insulin from Mexico into the USA.

Show threadasharMar 3, 2023
@[email protected] It is nice to think that corporations can know shame, but I am sure that if we dig deeper, we will find out that it is regulatory pressures (plus a bit of consumer pressure )