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There have been recent peer-reviewed journal articles about how much insulin would cost to produce for each person with type 1 diabetes per year.

It is somewhere between $75-$125 USD for a person with T1D per year.

Remember, T1D is an autoimmune and insulin-dependent form of diabetes. Within 5 years post-diagnosis (if not much sooner) your body basically effectively no longer produces any insulin whatsoever.