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Insulin price caps on the horizon as Senate leader plans vote

March 23, 2022


Senate Majority Leader Chuck Schumer said yesterday that a vote on legislation which would introduce the cap – already backed in a House of Representatives vote last November – would take place this spring after the April recess.

If passed, the Affordable Insulin Now Act would apply the cap across both private health insurance and Medicare plans, and according to Schumer would cut the cost of a 30-day supply of insulin for people with diabetes from a current range of $200 to $600 per person.

The cost of insulin products has become a political hot potato in the US in recent years, with prices staying high long after products lost patent protection.

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