The idea of a $35 monthly cost cap for insulin actually has a bipartisan pedigree, but finalizing a bill that can pass the Senate remains a challenge.
Sen. Chuck Grassley, R-Iowa, said Democrats could have a deal on prescription drugs if they drop their bid to authorize Medicare to negotiate prices. “Do Democrats really want to help seniors, or would they rather have the campaign issue?" Grassley said.
Biden's agenda passed the House only to stall in the Senate because Democrats could not reach consensus. Party leaders haven't abandoned hope of getting the legislation moving again, and preserving its drug pricing curbs largely intact. Stung by criticism that Biden's economic policies spur inflation, Democrats are redoubling efforts to show how they'd help people cope with costs. On Thursday, the Commerce Department reported a key inflation gauge jumped 6.4% in February compared with a year ago, the largest year-over-year rise since January 1982.
About 37 million Americans have diabetes, and an estimated 6 million to 7 million use insulin to keep their blood sugars under control. It’s an old drug, refined and improved over the years, that has seen relentless price increases.
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House passes bill to cap cost of insulin at $35 a month“Americans are paying more than ten times the price of insulin as people in other high-income countries,” said Rep. Frank Pallone Jr. (D-N.J.).
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House passes bill capping insulin at $35 a month for patients with insuranceThe House of Representatives passed a bill Thursday that caps the monthly cost of insulin at $35 for patients with insurance.
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House passes $35-a-month insulin cap as Dems seek wider billExperts say the legislation would provide significant relief for privately insured patients with skimpier plans and for Medicare enrollees facing rising out-of-pocket costs for insulin.
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House passes bill to cap cost of insulin at $35 a monthThe House passed a bill capping the cost of insulin at $35 a month in a move that could impact diabetics around the country.
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House Passes Bill Capping Insulin Costs at $35 a MonthWith broader agenda stalled, Democrats pursue measure on out-of-pocket payments and seek possible compromise with Republicans.
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House passes $35-a-month insulin cap as Dems seek wider billThe House has passed a bill capping the monthly cost of insulin at $35 for insured patients, part of an election-year push by Democrats for price curbs on prescription drugs at a time of rising inflation.
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