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https://www.npr.org/2022/03/31/ [login to see] /house-passes-bill-to-cap-insulin-prices
The House of Representatives voted Thursday to approve legislation that would limit cost-sharing for insulin under private health insurance and Medicare. The vote was 232-193, with 12 Republican members joining their Democratic colleagues to pass the measure.
The Affordable Insulin Now Act would cap insulin prices at either $35 a month or 25% of an insurance plan's negotiated price — whichever is lower. The legislation aims to take effect in 2023 but its fate in the Senate remains unclear.
"This is a kitchen table issue, "House Speaker Nancy Pelosi, D-Calif., said to reporters ahead of the bill's passage on Thursday.
"One in four Americans is forced to skip or ration doses of insulin and that's life-threatening," she said, noting the legislation "paves the way" for further action on negotiating lower drug prices beyond insulin.
The House of Representatives voted Thursday to approve legislation that would limit cost-sharing for insulin under private health insurance and Medicare. The vote was 232-193, with 12 Republican members joining their Democratic colleagues to pass the measure.
The Affordable Insulin Now Act would cap insulin prices at either $35 a month or 25% of an insurance plan's negotiated price — whichever is lower. The legislation aims to take effect in 2023 but its fate in the Senate remains unclear.
"This is a kitchen table issue, "House Speaker Nancy Pelosi, D-Calif., said to reporters ahead of the bill's passage on Thursday.
"One in four Americans is forced to skip or ration doses of insulin and that's life-threatening," she said, noting the legislation "paves the way" for further action on negotiating lower drug prices beyond insulin.
House passes bill to cap insulin prices
Posted from npr.org
Medical
Health
Drugs
Pharmaceuticals
Posted >1 y ago
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