Trump lowered Insulin Prices, Biden just reversed it



But Dems care about health care! Dems care about lowering costs and Trump is bad!


On first blush, President Donald Trump’s $35 insulin discount policy may seem like a serious attack on high prescription drug prices. No doubt, it could help some patients. But the new policy is a limited gesture that is no substitute for comprehensive drug pricing reform. The timing suggests Trump’s insulin plan may be a political ploy to curry favor with senior voters, who – according to recent polling – are turning against the president.

On May 26, the Centers for Medicare and Medicaid Services announced that participating enhanced Part D prescription drug plans will allow beneficiaries to access insulin for a maximum copay of $35 for one month’s supply. Notice the words “participating” and “enhanced.” This means that only those patients who elect (and pay for) enhanced coverage will be able to take advantage of the $35 price cap – and only if their drug plans participate. Millions of seniors whose plans do not include this provision will continue to pay an average of over $1,100 in annual out of pocket insulin costs.

Obviously, any policy that lowers seniors’ insulin copays can be helpful, but this is not nearly enough. The president’s order does nothing to reduce the actual price of insulin, one of the most notoriously cost-inflated drugs in recent memory. The price of a one-month supply of insulin has exploded from $21 in 1996 to $275 today. That’s a 1200 percent price increase, wildly exceeding inflation. A 2019 study found that one quarter of type-1 diabetes patients are rationing insulin because of the soaring cost, sometimes with deadly results. In 2017, a young Minnesota man died of diabetic ketoacidosis after rationing insulin because he couldn’t afford the copays.



 
Two points. Trump's EO covered only a small portion of people who need insulin. Yes, a few is better than none but it also didn't lower prices. It just changed who paid for it (tax payers).

That noted..........all of them only give lip service to provide real and actual health care reforms.
 
Yet another idiotic thing Biden did.

"One of the final healthcare actions made by the Trump Administration has been rescinded by the Biden Administration. On December 23, 2020, the Trump Administration finalized a rule that directed the Department of Health and Human Services (HHS) to take action to require that federally qualified health centers (FQHCs) make insulin and injectable epinephrine available to certain patients at 340B prices. The Biden Administration delayed the rule twice before it became effective on July 20, 2021, and the first opportunity for HHS to impose the requirements of the rule would have been through grants awarded in fiscal year 2022. So, while the rule has been in effect since July, it has yet to be implemented..."

Biden Administration Rescinds Trump Administration Insulin Pricing Rule
 
On first blush, President Donald Trump’s $35 insulin discount policy may seem like a serious attack on high prescription drug prices. No doubt, it could help some patients. But the new policy is a limited gesture that is no substitute for comprehensive drug pricing reform. The timing suggests Trump’s insulin plan may be a political ploy to curry favor with senior voters, who – according to recent polling – are turning against the president.

On May 26, the Centers for Medicare and Medicaid Services announced that participating enhanced Part D prescription drug plans will allow beneficiaries to access insulin for a maximum copay of $35 for one month’s supply. Notice the words “participating” and “enhanced.” This means that only those patients who elect (and pay for) enhanced coverage will be able to take advantage of the $35 price cap – and only if their drug plans participate. Millions of seniors whose plans do not include this provision will continue to pay an average of over $1,100 in annual out of pocket insulin costs.

Obviously, any policy that lowers seniors’ insulin copays can be helpful, but this is not nearly enough. The president’s order does nothing to reduce the actual price of insulin, one of the most notoriously cost-inflated drugs in recent memory. The price of a one-month supply of insulin has exploded from $21 in 1996 to $275 today. That’s a 1200 percent price increase, wildly exceeding inflation. A 2019 study found that one quarter of type-1 diabetes patients are rationing insulin because of the soaring cost, sometimes with deadly results. In 2017, a young Minnesota man died of diabetic ketoacidosis after rationing insulin because he couldn’t afford the copays.



Never enough, right?

Do you honesty think that when the Dems controlled Congress during Tumps last half, that they would give him a win like lowering insulin prices via policy.
 
Never enough, right?

Do you honesty think that when the Dems controlled Congress during Tumps last half, that they would give him a win like lowering insulin prices via policy.
You are changing it.

He did not offer to "really" lower" costs.

Read the article I posted.
 
You are changing it.

He did not offer to "really" lower" costs.

Read the article I posted.
I'm pointing out you are being disingenous.

The article is an opinion piece, no different from your opinion.

Trump was in the process of lowering drug prices, not just insulin, but all drug prices, and the Democrats fought him, tooth and nail.

To say he did not do enough is just a lie of omission.

Are you a liar then?

Because he did not do enough in the face of resistance from the left cannot be laid at his feet but at the Democrats.
 
I'm pointing out you are being disingenous.

The article is an opinion piece, no different from your opinion.

Trump was in the process of lowering drug prices, not just insulin, but all drug prices, and the Democrats fought him, tooth and nail.

To say he did not do enough is just a lie of omission.

Are you a liar then?

Because he did not do enough in the face of resistance from the left cannot be laid at his feet but at the Democrats.
Fighting a worthless bill which might only enrich the Rich, is not an opinion. It is what happened.

So much so that when a $35 bill came out this year for the insulin, all Republicans voted against it.
 
Fighting a worthless bill which might only enrich the Rich, is not an opinion. It is what happened.

So much so that when a $35 bill came out this year for the insulin, all Republicans voted against it.
yeah, add poison pills to any bill that may give Republicans credit for doing something right.

If you don't want to acknowledge that the Democrats would kill anything that would help the American people simply because it may make Trump or republicans look good, then fine. Don't expect Me to treat such duplicity with any kind of respect.
 

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