Insulin is a life-saving drug that costs 10 times more in the U.S. than anywhere else. President Biden is calling to extend an insulin price cap to all Americans in his State of the Union address.
White House officials did not immediately say how Biden's proposed insulin price cap would extend to the uninsured, veterans or those covered by military health insurance.
Some analysts doubt Biden's proposal to extend the cap to working-age adults will gain traction in the Republican-controlled House of Representatives. The State of the Union is an opportunity for President Biden to highlight his successes and draw contrasts with Republicans. The chances of any of these health proposals becoming law are slim.Still, patient advocacy groups vowed to push for more affordable insulin prices.
Chuck Henderson, CEO of the American Diabetes Association, said insulin costs are unaffordable for too many of the over 8 million U.S. residents who depend on the medication. "While the Medicare copay cap was a significant step in the right direction and a potentially life-saving policy change for seniors, the ADA will continue to fight to expand this benefit to all people with diabetes who rely on insulin to survive," Henderson said. The Affordable Care Act, passed in 2010 when Biden served as vice president, pays the bulks of costs for states that choose to expand Medicaid eligibility.
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