• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Advertise
  • Contact Us
  • About Towleroad
  • Towleroad on Social Media
  • Privacy Policy

Towleroad Gay News

Gay Blog Towleroad: More than gay news | gay men

  • Travel
  • Sports
  • Law/Justice
  • Celebrities
  • Film/TV/Stream
  • Republicans
  • Madonna
  • Books
  • Men
  • Trans Rights
  • Tech/Science
  • Royals
  • Monkeypox
  • Madonna’s Daughter Lourdes Leon Drops First Single & Steamy Music Video: WATCH
  • Jonathan Knight secretly marries boyfriend Harley Rodriguez
  • Ex-football star Herschel Walker’s woes hurt Republican chance of taking U.S. Senate

US House set to vote for life-changing $35 insulin price cap

Towleroad March 31, 2022 Leave a Comment

Published by
AFP
504653 origin 1
Campaigners say half of US diabetics have been rationing their insulin during the pandemic

Washington (AFP) – US lawmakers were set to vote Thursday on a bill that would limit the cost of insulin to $35 a month, a transformative curb for millions of diabetics who pay hundreds of dollars for the life-sustaining hormone.

Drug pricing has vexed politicians for years in the United States, which has the highest annual health expenditure of any industrialized country, at around $11,000 per capita.

Insulin costs the 7.4 million American adults who use it to manage their diabetes eight times as much as in other wealthy nations, according to a 2020 study commissioned by the Health and Human Services Department.

“A drug that has been off protections by copyright for a long period of time, it still sees prices four, five, six, seven, 10 times the price of production. So we need to deal with that,” House Majority Leader Steny Hoyer told reporters on Wednesday.

The bill would require private health insurance companies to set prices for a month’s supply of insulin at no more than $35, or 25 percent of a plan’s negotiated price, whichever is lower, starting in 2023 for some patients and 2024 for all.

The cap was a provision in President Joe Biden’s “Build Back Better” social welfare bill that was torpedoed by Democratic infighting in Congress late last year. 

Biden brought the issue back into the spotlight during his State of the Union address on March 1, reinvigorating calls for action on pricing from diabetes advocates.

The effort is being seen as the only way for Democrats to show they’re capable of acting on sky-high prescription drug prices before November’s midterm elections.

‘Costing a lot’

The upper chamber of Congress, the US Senate, is holding its own cross-party negotiations on driving down insulin costs by targeting the middlemen between health insurance companies and pharmacies.

And a separate Democrat-only bill from Georgia’s Senator Raphael Warnock that would also cap the price at $35 is likely to be combined with the effort.

“I’m a pastor — I’m on the ground — and so I know that everybody knows somebody with diabetes,” Warnock said in a video promoting his initiative.

Senate Majority Leader Chuck Schumer told reporters last week he believed a bipartisan bill had a good chance of passing when lawmakers return from a break at the end of April. 

Research suggests that more than a quarter of Americans with type 1 diabetes have had to ration insulin they could not afford. Campaigners say the proportion went up to 50 percent during the pandemic.

It remains unclear if any legislation can gain the 10 Republican votes needed to advance in the Senate, but some opposition lawmakers have shown interest in an issue that affects voters across the board.

“I’d be for some kind of regulation where we can help. Too many people (are) paying thousands of dollars a month. I’m not big on regulating process, but that one’s costing a lot of people a lot of money,” Alabama Senator Tommy Tuberville told Axios. 

A three-year congressional probe released in December by the House Oversight Committee’s majority Democrats offered an insight into the tactics of the world’s most profitable drugmakers.

For 12 medications the committee examined, the manufacturers raised prices more than 250 times in the five years from 2016, it said — as their chief executives pocketed paychecks totaling almost $800 million.

Topics: Aaon, towleroad More Posts About: Chuck Schumer

Related Posts
  • Biden announces relief for indebted US university grads
  • U.S. Senate leader wants to call vote on same sex marriage bill, working to get Republican support
  • Schumer expresses optimism on gun legislation talks, pledges quick action
  • Jonathan Knight secretly marries boyfriend Harley Rodriguez

    Jonathan Knight secretly marries boyfriend Harley Rodriguez

    Published by BANG Showbiz English Jonathan Knight has married his boyfriend Harley Rodriguez. The New Kids on the Block star has confirmed he’s a married man after tying the knot with his longtime partner in secret …Read More »
  • Ex-football star Herschel Walker’s woes hurt Republican chance of taking U.S. Senate

    Ex-football star Herschel Walker’s woes hurt Republican chance of taking U.S. Senate

    Published by Reuters By David Morgan WASHINGTON (Reuters) – Republican hopes of taking control of the U.S. Senate in November could hinge on former football star Herschel Walker, a first-time candidate endorsed by Donald Trump, whose …Read More »
  • The Shocking Truth 25 Years After Princess Diana’s Tragic Death — Brother Charles Speaks Out

    The Shocking Truth 25 Years After Princess Diana’s Tragic Death — Brother Charles Speaks Out

    Published by OK Magazine mega August 31 marks the 25th anniversary of Princess Diana’s tragic death — and her only brother, Charles, proudly spoke out about his sister! “I’m always surprised by how difficult August 31 …Read More »
  • U.S. releases 2019 memo opposing Trump obstruction charges

    U.S. releases 2019 memo opposing Trump obstruction charges

    Published by Reuters By Sarah N. Lynch WASHINGTON (Reuters) -The Justice Department on Wednesday released under court order all of a 2019 memo https://www.justice.gov/file/1528466/download in which two top officials advised then-Attorney General William Barr not to …Read More »
Previous Post: « Will Smith Was Never Asked To Leave Oscars After Chris Rock Slap Despite Academy Claiming Otherwise In Scathing Letter
Next Post: Trump son-in-law Jared Kushner to testify in Capitol riot probe »

Primary Sidebar

Adjacent News

  • Ivanka Trump & Jared Kushner Contently Stroll Hand-In-Hand As Donald Trump’s Legal Woes Mount

    Ivanka Trump & Jared Kushner Contently Stroll Hand-In-Hand As Donald Trump’s Legal Woes Mount

  • Biden to hold first political rally in run-up to November elections

    Biden to hold first political rally in run-up to November elections

  • Trump has displayed ‘anxiety in private conversations’ following Mar-a-Lago search: report

    Trump has displayed ‘anxiety in private conversations’ following Mar-a-Lago search: report

Good Trash: Going to Read It Somewhere, Y’know

  • Duke and Duchess of Sussex adopt new rescue dog

    Duke and Duchess of Sussex adopt new rescue dog

  • Vanessa Bryant awarded 16m in damages over helicopter crash photos

    Vanessa Bryant awarded 16m in damages over helicopter crash photos

  • Lisa Scott-Lee recalls surreal dinner date with Michael Jackson

    Lisa Scott-Lee recalls surreal dinner date with Michael Jackson

RSS Partner Links

  • An error has occurred, which probably means the feed is down. Try again later.

Most Recent

  • Madonna’s Daughter Lourdes Leon Drops First Single & Steamy Music Video: WATCH

    Madonna’s Daughter Lourdes Leon Drops First Single & Steamy Music Video: WATCH

  • Jonathan Knight secretly marries boyfriend Harley Rodriguez

    Jonathan Knight secretly marries boyfriend Harley Rodriguez

  • Ex-football star Herschel Walker’s woes hurt Republican chance of taking U.S. Senate

    Ex-football star Herschel Walker’s woes hurt Republican chance of taking U.S. Senate

  • The Shocking Truth 25 Years After Princess Diana’s Tragic Death — Brother Charles Speaks Out

    The Shocking Truth 25 Years After Princess Diana’s Tragic Death — Brother Charles Speaks Out

  • U.S. releases 2019 memo opposing Trump obstruction charges

    U.S. releases 2019 memo opposing Trump obstruction charges

  • William Orbit: ‘Queen loves DJs as long as they end sets with National Anthem’

    William Orbit: ‘Queen loves DJs as long as they end sets with National Anthem’

  • Sir Rod Stewart takes another cheeky dig at his long-time pal Sir Elton John with stage mockery

    Sir Rod Stewart takes another cheeky dig at his long-time pal Sir Elton John with stage mockery

  • Scott Maxwell: Marco Rubio says his campaign is ‘a disaster.’ Is he crying wolf or truly scared of Demings?

    Scott Maxwell: Marco Rubio says his campaign is ‘a disaster.’ Is he crying wolf or truly scared of Demings?

Most Commented

Social

Twitter @tlrd | Facebook | Instagram @tlrd

Footer

Copyright © 2025 · Log in

×