GOP strips insulin cap from bill

On this one, it is entirely possible that Trump’s approach would have lowered prices. It’s not clear because we never saw it in action. Biden’s admin is claiming it would have increase admin costs.

Honestly, this is stuff is really playing with people’s lives. It’s time to have some bi-partisan approach to reducing the cost of insulin.

 

Trump's plan was an EO that would've covered drug costs for Medicare Plan B only. The EO was also facing court challenges and would've likely been killed in the courts had Biden not killed it.

What the Rs did with this bill is kill insulin price caps for all. Would've been in a bill passed by Congress and signed by the President. Still may have faced court challenges.

 

For some reason, you left out the fact that the rule had already been stopped by multiple federal courts prior to Biden coming into office (and additional ones after he came into office) and that the rule was projected to cause a 19% reduction in medication usage because of reduced access and didn't apply to anybody not on Medicare (which this legislation still covers in a manner that is legal).

A Status Report on Prescription Drug Policies and Proposals at the Start of the Biden Administration

 

FROM YOUR ARTICLE... It's another way of saying that if Biden does nothing, to help support this EO then people that need these new lower drug prices, then he (Biden) essentially kills it.

And he killed it...


According to CMS’s Innovation Center, which was responsible for conducting the model, in light of the preliminary injunction, the MFN model will not be implemented without further rulemaking. This puts the fate of this model in the hands of the Biden Administration, which could choose to move forward with the same policy, but with a standard notice and comment period, modify the design of the model and issue a new proposed rule, or withdraw it. Alternatively, the Biden Administration could choose to work with Congress to adopt legislation to achieve similar goals.

 

Yes, because courts kept finding against it. The order written by the Trump administration would never become law because it was illegal.

 

Because Biden killed it... it's as plain as that. Why don't you just admit it.

Biden To Pull The Plug On “Most Favored Nation” Drug Rule


The Biden administration plans to pull the plug on a contentious Trump-era demonstration that would tie Medicare outpatient drug pay to other wealthy countries’ drug prices, according to a CMS proposed rule on Friday.


Hospitals had opposed the “most favored nation” drug policy, arguing that it would hurt their bottom lines and put the entire onus of lowering drug prices on hospitals rather than drug companies or Medicare. The Trump-era rule also would have created the CMS Innovation Center’s first nationwide, mandatory experiment—a massive departure from the agency’s usual approach to testing new payment models among a smaller subset of healthcare organizations.


Biden To Pull The Plug On "Most Favored Nation" Drug Rule : J&R Report

 

Yes, I would hope that he got rid of illegal rules that courts said couldn't be implemented. BTW, notice the date on that article. His first week wasn't in August. They got rid of it as court loss after court loss stacked up against the rule.

 

Biden is a POS that is owned by big pharma...


PHARMA: Biden Freezes Trump’s Lower Cost Insulin and Epinephrine Rule


Big pharma is smiling big right now. The big three insulin producers are Eli Lilly and Company, Novo Nordisk A/S, and Sanofi S.A., in which they dominate more than 90% of the world insulin market by value. After swearing-in, U.S. President Joe Biden’s HHS froze the Trump administration’s December 2020 drug policy that mandates community health centers to pass on all their insulin and epinephrine discount savings to patients.


The rule was finalized in late December 2020. The drug rule was put in place to benefit patients who have a hard time paying for expensive insulin and allergy medication. Former President Trump campaigned on lowering the price of important pharmaceutical drugs like insulin, which is used to treat diabetes, and epinephrine. Diabetes afflicts over a quarter of Medicare beneficiaries and drives billions in Medicare spending every year. More than 20 million Americans have diabetes, in which the body fails to properly use sugar from food due to insufficient insulin, a hormone produced in the pancreas.

PHARMA: Biden Freezes Trump’s Lower Cost Insulin and Epinephrine Rule - SWFI

 

Yeah, Biden did kill Trumps the lower cost of insulin prices for Americans.


Biden freeze hits two Trump drug price rules


(CNN)A freeze by the new Biden administration on Trump-era regulations will hit at least two rules aimed at lowering drug prices, including one dealing with insulin and EpiPens for under-served patients.

The agency is also freezing a Trump rule requiring Federally Qualified Health Centers, which provide primary care services to underserved communities, to pass along discounts they receive on insulin and EpiPens to their patients.

The rule only affects medications these centers purchased through the 340B drug discount program, not the prices of these drugs for the general public.

Trump officials said the rule would increase access to these medications among the 28 million people who visit the centers annually, over 6 million of whom are uninsured.


Drug prices: Biden freeze hits two Trump rules - CNNPolitics

 

You left out this part of the article:

 

Let us know when the GOP actually decides to care about people's healthcare

 

That's horse crap and you know it... Biden is owned by big pharmaceutical companies and you are okay with the price gouging that these companies put American though too? Are you okay with what Bide did to make insulin far more expensive for every day Americans like Gatorhead? You leftist will agree with whatever that clown, Biden, does to the American people... disgusting.



Biden Administration Rescinds Trump Administration Insulin Pricing Rule


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

 

Why is it false? It was the Trump administration's analysis of their own program that stated it would increase costs to seniors. Which is why they didn't implement it until they were walking out the door rather than in 2019, like they originally planned. Why do you think they didn't implement it in 2019?

 

Yep, that is the rule that the Trump administration said would increase cost to Seniors in their own analysis of the program.

 

This is no longer maga world where up is not up. Thrump never presented a comprehensive health, plan nor did he enact any major drug plan. Period. His plan that he purposely waited until Nov. of his final year was not workable and he knew it. It is only in bizzaro maga world that one can think "Biden is owned by big pharmaceutical companies and you are okay with the price gouging that these companies put American though too?" since it is only the current admin and Democrats that have taken any significant action.

 

Here is my recollection. The House passed a bill in 2019 that would have reduced drug prices. Trump said that he would veto the bill. Trump’s executive orders were tied to authorization under the ACA. Simultaneously, he was trying to repeal the ACA and replace it with a better plan, which in actuality was nothing. The insulin executive orders were not necessarily going to help many, if any people, and the necessary regulations needed to be reviewed. Since Trump’s executive order on insulin wasn’t issued until right before the election, it was going to take time to review and write regulations if it made any sense to go forward with it. Trump’s other executive orders, including orders dealing with rebates, might have raised costs, especially taking into account resulting increases in Medicare premiums. I welcome posters fleshing out my post or letting me know in a reasoned way where I made mistakes. One thing I know for sure is that Trump could care less about people getting reduced drug prices. The guy was looking for votes.

 

What , world $10.00, US $1000.00

a descriptor of healthcare costs in one snapshot

 

Lik6the left cares about about anything but themselves

 

Still waiting on that healthcare plan....

 

There seems to be something messed up about the insulin market, but I still don’t know that I support hard price caps.

That said, alternatives may be available. Are you using an insulin analog? I understand that human insulin appears to be basically as effective as the analogs for many people. It may be worth checking out, if you haven’t yet.

Human Insulin Versus Insulin Analogues: A True Companion Forgotten