“Americans are paying more than ten times the price of insulin as people in other high-income countries,” said Rep. Frank Pallone Jr. (D-NJ).
Republicans pointed to concerns over insurance companies charging people more for other critical needs if the bill becomes law.
“We don’t know how other drug costs are going to be impacted through this legislation,” said Rep. Cathy McMorris Rodgers . “They’re going to pass those costs to patients in the form of higher out-of-pocket costs for other drugs or higher premiums.”As co-chairs of the Senate Diabetes Caucus, Sen. Jeanne Shaheen and Sen. Susan Collins are leading bipartisan negotiations on a similar proposal in the Senate.
In a joint statement, Shaheen and Collins said: “Access to insulin is a matter of life or death for many people living with diabetes — cost should never be a barrier for those whose lives literally depend on affording this medication. Negotiations are ongoing, but there is a bipartisan determination to present policy proposals that both cap out-of-pocket costs and address soaring insulin prices that for too long have forced some Americans to ration their supplies.
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