“This was an unexpected victory in a long fight against an illegal cartel of three corporations who have raised their insulin prices in lockstep.”
The Biden Administration pleasantly stunned health care reform advocates Tuesday by including short-acting insulin in its list of 10 drugs for which Medicare will negotiate lower prices, power vested in the White House by the Inflation Reduction Act.
The IRA was passed in the face of one of the heftiest barrages of lobbying in congressional history, with the pharmaceutical industry spending more than $700 million over 2021 and 2022 — several times more than the second- and third-ranking industries — much of it aimed at stopping the legislation, watering it down, or undermining its implementation.
The pharmaceutical industry spent $700 million lobbying against this? What a bunch of assholes.
" Wealthy residents raise $60,000 to stop homeless shelter being built in San Francisco", was a headline last week.
It’s not just an 'industry" thing. It’s a "people"thing
They need to find a way to negotiate the price down for everyone, not just retirees. Kids need insulin.
And after that, epi pens.
Here’s some good news about that with California making its own insulins:
The state-label insulins will cost no more than $30 per 10 milliliter vial, and no more than $55 for a box of five pre-filled pen cartridges — for both insured and uninsured patients. The medicines will be available nationwide, the governor’s office said.
https://www.npr.org/2023/03/19/1164572757/california-contract-cheap-insulin-calrx
Insurance companies when you need to use their service (which you pay monthly for):
- sorry I’m your doctor now and I’m not going to pay for that test Insurance companies when they need to bribe law makers:
- money go brrrtr
