drug prices
Here’s when drug prices will start to decrease for Medicare recipients | Analysis
Medicare patients spent $1B on insulin in 2020, according to Kaiser Family Foundation Starting next month, a $35 cap on insulin prices will go into effect for millions of Medicare recipients. The lower pricing is one of the first of several policy measures Americans will see in the coming months and years under the Inflation […]
Biden signs into law Democrats’ wide-ranging climate change, health care and tax bill
WASHINGTON — President Joe Biden signed his party’s signature climate, health care and tax package into law Tuesday, capping off more than a year of tumultuous negotiations that saw his original proposal to Congress slimmed down considerably. Flanked by a handful of Democrats, including Senate Majority Leader Chuck Schumer, House Majority Whip Jim Clyburn and West Virginia Sen. Joe Manchin III, Biden sharply contrasted his outlook for the country with that of Republicans, who unanimously voted against the package.
Senate GOP takes shameful vote to block cap on insulin costs
More than 30 million Americans have diabetes, including more than 230,000 Iowans (and more than 880,000 North Carolinians). That means if you don’t have it yourself, someone close to you almost certainly does. I have loved ones and friends with the disease. One particularly special person in my life was diagnosed with Type 1 (juvenile) […]
U.S. Senate passes major health, tax and climate bill in boost for Democrats
WASHINGTON — The U.S. Senate, along party lines, passed a sweeping energy, health care, climate and tax package Sunday afternoon, following an overnight marathon of votes that resulted in just a handful of notable changes to the legislation. The 755-page bill was passed after Vice President Kamala Harris broke a 50-50 tie in the evenly […]
Federal regulators launch investigation into drug rebates said to drive up prescription costs
The Federal Trade Commission last week announced what some observers believe could be a game-changer when it comes to the rising cost of prescription drugs. The agency — which is meant to protect fair competition — said it would look into the murky practice by which drugmakers grant rebates and other fees to insurer-owned pharmacy […]
Insulin price cap approved by U.S. House as Georgia’s Warnock pushes for Senate passage
WASHINGTON — The U.S. House on Thursday passed a bill on a bipartisan 232-193 vote that would limit the price of insulin, as congressional Democrats met throughout the day with health care advocates to make their case for the proposal. Democratic Sens. Raphael Warnock of Georgia and Patty Murray of Washington state held a virtual […]
On its 56th anniversary, America’s most popular and effective health care program needs an upgrade
On July 30, 1965, President Lyndon Johnson signed Medicare, his “number one priority,” into law. On July 1, 1966, using primitive communication techniques such as post cards and door-to-door canvassing, the vast majority of Americans over 65 were enrolled. Today Medicare is our most popular and cost-effective health insurance program.