Biden to push for universal insulin price cap in State of the Union

Authored by politico.com and submitted by lestermagneto
image for Biden to push for universal insulin price cap in State of the Union

“The President will call on Congress to extend this commonsense, life-saving protection to all Americans,” the fact sheet said.

Democrats had originally planned to pass a universal insulin price cap last year as part of the Inflation Reduction Act, which was passed along party lines last August. But the policy was scaled back after Republicans successfully challenged its inclusion. Democrats since then have vowed to continue to push for its passage, arguing that it’s broadly popular and crucial to ensuring that people can afford essential medicines.

Still, Biden’s fresh support for expanding the price cap is unlikely to result in much concrete progress. Republicans remain opposed to the measure, and are unlikely to even allow a vote on it in the House now that they control the chamber.

Biden during his State of the Union speech is also expected to highlight a handful of other health care accomplishments, including landmark legislation granting Medicare the right to negotiate drug prices and cap certain out-of-pocket pharmacy costs. He will celebrate the three latest states to expand their Medicaid programs, while urging Congress to pass legislation that would close coverage gaps in the 11 holdout states that have yet to expand Medicaid.

The president also plans to call for continuing to lower health insurance costs, pointing to expanded Obamacare subsidies that the administration estimates lowered customers’ premiums by an average of $800 per year and pushed the nation’s uninsured rate to an all-time low.

S7EFEN on February 7th, 2023 at 07:02 UTC »

why is healthcare gouging being handled on a case by case basis?

Jagged_Rhythm on February 7th, 2023 at 04:24 UTC »

As the parent of a young type 1 diabetic, this is important.

Gaeneous on February 7th, 2023 at 03:35 UTC »

I mean a bunch of Republicans voted against doing this in the IRA but then said they would vote in favor if it wasn’t in that bill. Hold them to their word.