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GOP Senators Block Cap On Insulin Prices


BarryLaverty

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Big Pharma wins again, and millions lose. 

Republicans block cap on insulin costs for millions of patients

GOP senators move to strip a $35 price cap on insulin under private insurance from the Inflation Reduction Act

(Washington Post)

By Evan Halper

 and 

Tony Romm

 

August 7, 2022 at 10:57 a.m. EDT

Republican lawmakers on Sunday successfully stripped a $35 price cap on the cost of insulin for many patients from the ambitious legislative package Democrats are moving through Congress this weekend, invoking arcane Senate rules to jettison the measure.

The insulin cap is a long-running ambition of Democrats, who want it to apply to patients on Medicare and private insurance. Republicans left the portion that applies to Medicare patients untouched but stripped the insulin cap for other patients. Bipartisan talks on a broader insulin pricing bill faltered earlier this year.

The Senate parliamentarian earlier in the weekend ruled that part of the Democrats’ cap, included in the Inflation Reduction Act, did not comply with the rules that allow them to advance a bill under the process known as reconciliation — a tactic that helps them avert a GOP filibuster. That gave the Republicans an opening to jettison it.

 

“Republicans have just gone on the record in favor of expensive insulin,” said Sen. Ron Wyden (D-Ore.). “After years of tough talk about taking on insulin makers, Republicans have once against wilted in the face of heat from Big Pharma."

Some Republicans did support the price cap in the 57-43 vote for the measure, but not enough joined Democrats in support of it to meet the threshold for passage.

More than 1 in 5 insulin users on private medical insurance pay more than $35 per month for the medicine, according to a recent analysis from the Kaiser Family Foundation.

Some 7 million Americans require insulin daily. A Yale University study found that 14 percent of those insulin users are spending more than 40 percent of their income after food and housing costs on the medicine.

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Despite an adverse ruling from the chamber’s parliamentarian, Democrats opted to keep the full price cap provision in the bill anyway. That gave Republicans, led in debate by Sen. Lindsey O. Graham (R-S.C.), an opening for a challenge on the Senate floor. Democrats would have needed 60 votes — their entire caucus plus the support of 10 GOP members — to beat back that challenge. They came up short.

The fight was a policy loss for Democrats, but it was also a political win, as lowering the price of drugs like insulin is popular with voters.

"The only way it doesn’t pass is if folks on the other side of the aisle decide to block it,” said Sen. Raphael G. Warnock (D-Ga.), who had previously put forward legislation calling for a price cap.

GOP lawmakers had earlier tried to offer their own, more scaled-back version of an insulin price limit, but Democrats rejected it as too narrow.

“The cost of insulin isn’t just out of control," Sen. Patty Murray (D-Wash.) said on the Senate floor, imploring the GOP not to strip the price cap from the bill. "This should not be a hard vote to cast.”

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50 minutes ago, RETIREDFAN1 said:

Larry, who supports the pedophile party, always posts lies or half truths....... typical of a libtard.....

Retired, who supports the white supremacy party, always post lies or half truth...typical of a conserviturd. 
 

And using Breitbart as a 'source' is always good for a sad chuckle!!

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14 minutes ago, BarryLaverty said:

Retired, who supports the white supremacy party, always post lies or half truth...typical of a conserviturd. 
 

And using Breitbart as a 'source' is always good for a sad chuckle!!

And the Washington Compost is reliable?

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The truth hurts don't it Larry?

Ironically for Senate Democrats, this measure would not be necessary if President Joe Biden had not suspended President Donald Trump’s executive order to lower the price of insulin and epinephrine. The Trump executive order was set to go into effect right after Biden moved into the White House.

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2 hours ago, RETIREDFAN1 said:

Larry, who supports the pedophile party, always posts lies or half truths....... typical of a libtard.....

When are you ever going to post anything of substance instead of just calling people supporters of pedophiles?  It’s posts like this that shows you are only concerned about posting in your own echo chamber. All y’all know is how to call names in order to get a rise out of people. It’s no wonder y’all live sad lives that revolve around Smoaky. I think y’all are more concerned about “owning the libs” than actually making the country better. 

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8 minutes ago, BarryLaverty said:

Big Pharma wins again, and millions lose. 

Republicans block cap on insulin costs for millions of patients

GOP senators move to strip a $35 price cap on insulin under private insurance from the Inflation Reduction Act

(Washington Post)

By Evan Halper

 and 

Tony Romm

 

August 7, 2022 at 10:57 a.m. EDT

Republican lawmakers on Sunday successfully stripped a $35 price cap on the cost of insulin for many patients from the ambitious legislative package Democrats are moving through Congress this weekend, invoking arcane Senate rules to jettison the measure.

The insulin cap is a long-running ambition of Democrats, who want it to apply to patients on Medicare and private insurance. Republicans left the portion that applies to Medicare patients untouched but stripped the insulin cap for other patients. Bipartisan talks on a broader insulin pricing bill faltered earlier this year.

The Senate parliamentarian earlier in the weekend ruled that part of the Democrats’ cap, included in the Inflation Reduction Act, did not comply with the rules that allow them to advance a bill under the process known as reconciliation — a tactic that helps them avert a GOP filibuster. That gave the Republicans an opening to jettison it.

 

“Republicans have just gone on the record in favor of expensive insulin,” said Sen. Ron Wyden (D-Ore.). “After years of tough talk about taking on insulin makers, Republicans have once against wilted in the face of heat from Big Pharma."

Some Republicans did support the price cap in the 57-43 vote for the measure, but not enough joined Democrats in support of it to meet the threshold for passage.

More than 1 in 5 insulin users on private medical insurance pay more than $35 per month for the medicine, according to a recent analysis from the Kaiser Family Foundation.

Some 7 million Americans require insulin daily. A Yale University study found that 14 percent of those insulin users are spending more than 40 percent of their income after food and housing costs on the medicine.

Story continues below advertisement

Despite an adverse ruling from the chamber’s parliamentarian, Democrats opted to keep the full price cap provision in the bill anyway. That gave Republicans, led in debate by Sen. Lindsey O. Graham (R-S.C.), an opening for a challenge on the Senate floor. Democrats would have needed 60 votes — their entire caucus plus the support of 10 GOP members — to beat back that challenge. They came up short.

The fight was a policy loss for Democrats, but it was also a political win, as lowering the price of drugs like insulin is popular with voters.

"The only way it doesn’t pass is if folks on the other side of the aisle decide to block it,” said Sen. Raphael G. Warnock (D-Ga.), who had previously put forward legislation calling for a price cap.

GOP lawmakers had earlier tried to offer their own, more scaled-back version of an insulin price limit, but Democrats rejected it as too narrow.

“The cost of insulin isn’t just out of control," Sen. Patty Murray (D-Wash.) said on the Senate floor, imploring the GOP not to strip the price cap from the bill. "This should not be a hard vote to cast.”

Dimocrap spending is reckless and knows no end .... they never give any thought to passing on back breaking debt to our children and grandchildren .... they believe their never ending bloated spending spree comes from a government horn of plenty that will never run dry .... God help our grandchildren that will be saddled with paying for their reckless spending ....

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2 hours ago, BarryLaverty said:

Retired, who supports the white supremacy party, always post lies or half truth...typical of a conserviturd. 
 

And using Breitbart as a 'source' is always good for a sad chuckle!!

White supremacy?  You’re the one that’s stated blacks were too stupid to acquire voter ID.  I even showed you a free online way for them to do it, it’s been around.  But you don’t think you’re racist.  You’re a racist pedophile

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2 hours ago, Sportsfanatic1 said:

The truth hurts don't it Larry?

Ironically for Senate Democrats, this measure would not be necessary if President Joe Biden had not suspended President Donald Trump’s executive order to lower the price of insulin and epinephrine. The Trump executive order was set to go into effect right after Biden moved into the White House.

Lol, Biden would’ve looked like a genius if he just did nothing after inauguration.  Lol, he cancelled lots of things and put this economy into a downward spiral.  This country would be rocking if he hadn’t  stopped it

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7 minutes ago, BarryLaverty said:

Keyboard warriors who are also Dbags like yourself can be so funny. 

Calling a spade a spade is online bullying these days?  Didn’t mean to upset you so.  Maybe a hard look at your self and views on politics are in order.  

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2 hours ago, BarryLaverty said:

Not giving a care about others when you can do something about it, because you are bought and sold, is a very 'conservative' stance, it seems. 

Like 800,000 COVID deaths being a travesty and a tragedy, but 800,000 abortions a year being classified as "rare"?

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4 hours ago, BarryLaverty said:

Not giving a care about others when you can do something about it, because you are bought and sold, is a very 'conservative' stance, it seems. 

It's not that I don't care,  it's just that I care about everyone,  not just the current victims.  Taking someones product through government mandates is stealing, regardless who benefits.  

Why don't liberals just start their own pharmaceutical company and just give it away? 

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