- 1. Caravans of Americans head to Canada seeking cheaper insulin
- 2. Multiple glitches slow payment systems at Target stores
- 3. Bitcoin passes $9,000 for first time in more than a year
- 4. Power outage exposes weaknesses in South American energy infrastructure
- 5. U.S. stock futures climb ahead of Federal Reserve meeting
1. Caravans of Americans head to Canada seeking cheaper insulin
Caravans of Americans are heading to Canada to purchase affordable life-saving drugs, The Washington Post reported. Insulin, which can cost hundreds of dollars per vial in the U.S., can be purchased for one-tenth of the price and without a prescription in Canada. Lija Greenseid, a "rule-abiding Minnesota mom" and the mother of a 13-year-old daughter with Type 1 Diabetes, guided five other Americans on a drug run to Canada, where they purchased about $12,000 worth of analog insulin for $1,200. The price of insulin in the U.S. doubled from 2012 to 2016, and the cost can be unpredictable on different insurance plans. Canada is able to keep costs low through a combination of price caps, negotiations with drug manufactures, and other policies. The caravans to Canada may be illegal, but the organizers want to make other Americans aware of these trips to highlight the rising drug prices.
2. Multiple glitches slow payment systems at Target stores
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