Republicans block the cost of insulin for many Americans with Democratic deal

Republican senators on Sunday set a cap on the price of private market insulin, removing it from Democrats’ comprehensive climate and economic package.

Democrats tried to preserve a provision for private insurers to limit the cost of insulin to $35, but that vote failed 57–43, with seven Republicans joining them to place an insulin cost cap in the bill. Voted, which was three less than the requirement.

The move was expected following a decision by a Senate lawmaker who previously determined that insulin provision was not in line with the chamber’s strict budget rules. Democrats need to comply with those rules in order to advance legislation called the Inflation Reduction Act, without any Republican votes.

However, the law still includes a $35 cap on the cost of insulin for seniors on Medicare.

After the vote, Senate Finance Committee Chairman Ron Wyden, D-Ore. accused Republicans of undermining the pressure of the drug industry at the expense of citizens.

“Republicans have gone on record in favor of expensive insulin,” Weiden said in a statement. “After years of hard negotiations about whether to take insulin manufacturers, Republicans have once succumbed to the heat of Big Pharma.”

“Fortunately, the $35 insulin copay cap for insulin in Medicare remains in the bill, so seniors will be relieved of higher insulin costs. I will continue to work to deliver lower insulin costs to all Americans,” he said.

Republican Sens. Bill Cassidy and John Kennedy of Louisiana; Susan Collins of Maine; Josh Hawley of Missouri; Cindy Hyde-Smith of Mississippi; And Lisa Murkowski and Dan Sullivan of Alaska joined Democrats on Sunday in voting to keep insulin caps for private insurers.

Senators have been working on amendment votes over the weekend since the House introduced the bill on Saturday 51-50 procedural voteAll Republicans opposed the proposal to move the bill, and Vice President Kamala Harris cast a tie-breaking vote.

Senate Democrats are aiming to pass legislation on Sunday that incorporates long-stalled elements of President Joe Biden’s agenda, including major spending to tackle climate change and expanding health care coverage, which is a reality. One step closer. The package will then go to the House, which currently plans to pass it on Friday.

Julia Jester, Ali Vitaly, Julie Sirkin And Frank Thorpe V contribution,

Leave a Comment