#insulin cap

[saywhat-politics]

Donald Trump has cancelled the $35 a month Insulin cap.

Prices are expected to almost instantly go back to $1500 a month.

Insulin costs $2 to make.

[mysharona1987]

[beepbopboopop]

Can someone explain to me how one tweet tanked Eli Lilly? Like what happened after the tweet that led to them losing billions?

[saywhat-politics]

These Republicans introduced a bill to REPEAL the $35 cap on insulin for Medicare recipients

[mysharona1987]

[justinspoliticalcorner]

California governor vetoes bill that would have set a $35 cap for insulin

Bill denial for the prescription drug price cap called ‘a major setback’ for diabetics in the state

AP, via The Guardian:

Gavin Newsom has vetoed a bill that would have stopped insurance companies from charging more than $35 for insulin. The bill would have banned health plans and disability insurance policies from imposing any out-of-pocket expenses on insulin prescription drugs above $35 for a 30-day supply. That would have included deductibles and co-pays. The California governor, a Democrat, said earlier this year that the state would soon start making its own brand of insulin. California has a $50m contract with the non-profit pharmaceutical company Civica Rx to manufacture the insulin under the brand CalRx. The state would sell a 10-milliliter vial of insulin for $30. “With CalRx, we are getting at the underlying cost, which is the true sustainable solution to high-cost pharmaceuticals,” Newsom wrote in a message explaining why he vetoed the bill on Saturday. “With co-pay caps however, the long-term costs are still passed down to consumers through higher premiums from health plans.” State senator Scott Wiener, a Democrat from San Francisco who crafted the bill, called Newsom’s veto “a major setback that will keep tens of thousands of diabetic Californians trapped in the terrible choice between buying insulin and buying food”.

What an awful move by California Gov. Gavin Newsom (D) to veto SB90, a bill that would have put a $35 cap on the cost of insulin.

[ncfcatalyst]

Downright delirious diabetic debacle: Fake tweet leads to $35 insulin cap

On Mar. 1, Eli Lilly, also known as Lilly, a pharmaceutical company that prides itself on “integrity, excellence and respect for people,” announced that they will be capping their insulin products at $35 for a one month’s supply of the life-saving medication. The change seeks to aid any diabetic, with or without commercial insurance coverage. About seven million individuals in the United States…

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[saywhat-politics]

President Biden on the Inflation Reduction Act: "[On Medicare] your cost of insulin will be capped at $35 a month. We also included a provision that would have allowed anyone with diabetes. [...] Republicans ripped that out of the bill. But we're coming back."