California governor vetoes bill that would have set a $35 cap for insulin
California governor vetoes bill that would have set a $35 cap for insulin
Bill denial for the prescription drug price cap called ‘a major setback’ for diabetics in the state
Bill denial for the prescription drug price cap called ‘a major setback’ for diabetics in the state
Newsom created CalRX which is a California state based insulin producer that sells 10/mL for $30 to people with or without insurance to anyone in the entire country.
https://www.npr.org/2023/03/19/1164572757/california-contract-cheap-insulin-calrx
The state-label insulins will cost no more than $30 per 10 milliliter vial, and no more than $55 for a box of five pre-filled pen cartridges — for both insured and uninsured patients. The medicines will be available nationwide, the governor's office said.
Pick your battles.
There are different types of insulin that work differently. Not only are there short, medium, and long acting insulins, but quite a few people have to take multiple insulins. The CalRX insulin will be great, but it's not going to be the answer for everyone. The insulin cap law would've helped.
Just an FYI. The CalRx insulin is being produced by Civica Rx. They will be producing three insulins for the program. Glargie, Lispro, and Aspart. These are generic biologics that are interchangeable with Lantus (long-acting), Humalog (fact-acting), and Novolog (instant). Additionally, for the products where this makes sense, products will be available in vial and autoinjector formats. The $30 price is that of the vials and $55 for a box of five autoinjectors.
So main take aways should be CalRx will be producing analogs and will be providing a wide band of types for different needs.
People with type 1 pretty much always take a long acting like Lantus and a fast like Novolog, unless you have a pump, in which case it's only fast acting. But I'm sure they've thought of that.
Thank you, this seemed out of character for the guy and the context helped
Copay caps are bullshit anyway. They don't help people with no insurance, and it means the pharma companies still get a ridiculous price, just the insurance pays it - and of course, that's passed on to consumers via higher premiums. The idea of CA making insulin is good, and other than that, it needs a real price cap, not a copay cap.
The context that it's a copay cap only is really important, and I see why it was vetoed - for not going far enough while a viable interim solution is already in place that gives the state breathing room to wait for a more complete solution.
I've been seeing a lot of misleading as hell headlines about this guy's vetoes lately. There was another one yesterday about him vetoing a bill that would have banned caste discrimination, but that one was because CA's anti-discrimination laws already covered discrimination based on ancestry.
What a fucking shithead.
Do you not agree with his reasoning? It seems like California will be producing their own insulin, as capping copay prices just makes health insurances gouge patients in other ways or something like that.
No, I don't agree with his reasoning. "We can't in any way restrict corporations because they'll just raise prices" is an old canard peddled by useful idiots and corporate bootlickers, and California's insulin production won't affect the market for quite some time. But, you know, fuck the poor. They don't donate to political campaigns with unlimited funds.
I agree that it’s just going to be a way for everyone to get higher premiums - but it would also be a way for diabetics to get life saving medication without needing to skip the groceries. That’s a pretty urgent problem. Premiums will go up one way or another.
I agree that it’s just going to be a way for everyone to get higher premiums - but it would also be a way for diabetics to get life saving medication without needing to skip the groceries. That’s a pretty urgent problem. Premiums will go up one way or another.
“With CalRx, we are getting at the underlying cost, which is the true sustainable solution to high-cost pharmaceuticals,” Newsom wrote in a message explaining why he vetoed the bill on Saturday. “With co-pay caps however, the long-term costs are still passed down to consumers through higher premiums from health plans.”
Makes sense, when you block a corporation by increasing taxes, they will always pass the "new" cost to the consumers, in this case the "competition" will provide true lower costs...
Please don't make me "harm reduction" vote for an asshole who looks like Seth Meyers little brother.