The House of Representatives has just passed a bill that caps the price of insulin copays at $35 or 25% of an insurer’s negotiated price. This is not a case of price-fixing as suggested by Republican dissenters since uninsured Americans will continue to be price gouged for the necessary drug.
John Iadarola, Francesca Fiorentini, and Adrienne Lawrence discuss on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live
Read more HERE:
https://www.commondreams.org/news/2022/03/31/senate-urged-pass-broader-reforms-after-house-approves-insulin-price-cap
"After the U.S. House of Representatives on Thursday passed a bill to cap insulin prices, a leading patient advocacy group renewed its call for broader action to limit the costs of prescription drugs.
"The House of Representatives today voted to once again pass legislation to cap copays for insulin," said David Mitchell, a cancer patient and founder of Patients for Affordable Drugs Now, in a statement.
"Last fall, Democrats in the House passed a historic drug pricing reform package that included copay caps for millions of people who take insulin, Medicare negotiations to lower the price of insulin and other expensive drugs, and limits on annual drug price increases to the rate of inflation," he noted. "That package of reforms would deliver relief to all Americans.”"
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