MedPage Today December 6, 2021
— Measure caps insulin costs for patients at $35 per month
WASHINGTON — President Biden took to his bully pulpit Monday to urge Congress to pass the Build Back Better bill and specifically the provisions in it to lower the cost of prescription drugs, including insulin.
“We’re going to end the days when drug companies could increase the prices with no oversight and no accountability,” Biden said in a speech from the East Room of the White House. “Going forward, drug companies that increase the prices faster than inflation are going to face a steep excise tax. We’re saying to drug companies, ‘When your prices to the American people go up, you’re going to be accountable.'”
The president began his...