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Source: www.cms.gov...
May 26, 2020: Today, under President Trump’s leadership, the Centers for Medicare & Medicaid Services (CMS) announced that over 1,750 standalone Medicare Part D prescription drug plans and Medicare Advantage plans with prescription drug coverage, have applied to offer lower insulin costs through the Part D Senior Savings Model for the 2021 plan year.
Across the nation, participating enhanced Part D prescription drug plans will provide Medicare beneficiaries access to a broad set of insulins at a maximum $35 copay for a month’s supply.
The model follows on the Trump Administration’s previously announced 13.5 percent decline in the average monthly Prescriptions Part-D premium since 2017, to the lowest level in seven years.
More at: www.usnews.com...
April 21, 2024: WASHINGTON (AP) — Rarely a day goes without President Joe Biden mentioning insulin prices.
He promotes a $35 price cap for the medication for Americans on Medicare — in White House speeches, campaign stops and even at non-health care events around the country.
His reelection team has flooded swing-state airwaves with ads mentioning it, in English and Spanish.
originally posted by: Disgusted123
The Inflation Reduction Act, which Biden signed in 2022, caps out-of-pocket insulin costs at $35 a month for Medicare enrollees. The cap took effect in 2023.
originally posted by: Disgusted123
The Inflation Reduction Act, which Biden signed in 2022, caps out-of-pocket insulin costs at $35 a month for Medicare enrollees. The cap took effect in 2023.
President Trump Announces Lower Out of Pocket Insulin Costs for Medicare’s Seniors
Today, under President Trump’s leadership, the Centers for Medicare & Medicaid Services (CMS) announced that over 1,750 standalone Medicare Part D prescription drug plans and Medicare Advantage plans with prescription drug coverage have applied to offer lower insulin costs through the Part D Senior Savings Model for the 2021 plan year. Across the nation, participating enhanced Part D prescription drug plans will provide Medicare beneficiaries access to a broad set of insulins at a maximum $35 copay for a month’s supply, from the beginning of the year through the Part D coverage gap.
Trump’s insulin order frozen, not scrapped, by Biden.
Social media posts claim President Joe Biden overturned an executive order signed by his predecessor Donald Trump that aimed to lower insulin costs for US diabetics. This is false; Biden froze for 60 days the implementation of all federal rules created but not yet put into effect by the previous administration.
originally posted by: chr0naut
a reply to: WeMustCare
Here's a little comparison of insulin prices worldwide:
Cost of Insulin by Country 2024
... and in New Zealand, insulin is fully funded by the government, so patients get it for free. I'm fairly sure the same is true in many other countries.
Medicine of all types is a gouge-fest in the USA.
One of the final healthcare actions made by the Trump Administration has been rescinded by the Biden Administration. On December 23, 2020, the Trump Administration finalized a rule that directed the Department of Health and Human Services (HHS) to take action to require that federally qualified health centers (FQHCs) make insulin and injectable epinephrine available to certain patients at 340B prices. The Biden Administration delayed the rule twice before it became effective on July 20, 2021, and the first opportunity for HHS to impose the requirements of the rule would have been through grants awarded in fiscal year 2022. So, while the rule has been in effect since July, it has yet to be implemented.
In the Federal Register notice rescinding the rule, HHS noted that the rule would have resulted in “excessive administrative costs and burdens” on health centers.
originally posted by: xuenchen
originally posted by: chr0naut
a reply to: WeMustCare
Here's a little comparison of insulin prices worldwide:
Cost of Insulin by Country 2024
... and in New Zealand, insulin is fully funded by the government, so patients get it for free. I'm fairly sure the same is true in many other countries.
Medicine of all types is a gouge-fest in the USA.
Yeah People here wonder why Biden and Democrats didn't cut Insulin down to zero$ 😬
originally posted by: Boomer1947
originally posted by: xuenchen
originally posted by: chr0naut
a reply to: WeMustCare
Here's a little comparison of insulin prices worldwide:
Cost of Insulin by Country 2024
... and in New Zealand, insulin is fully funded by the government, so patients get it for free. I'm fairly sure the same is true in many other countries.
Medicine of all types is a gouge-fest in the USA.
Yeah People here wonder why Biden and Democrats didn't cut Insulin down to zero$ 😬
He didn't cut it down to zero because that would be Communism, and everyone here on ATS knows that Communism is evil..
Today, under President Trump’s leadership, the Centers for Medicare & Medicaid Services (CMS) announced that over 1,750 standalone Medicare Part D prescription drug plans and Medicare Advantage plans with prescription drug coverage have applied to offer lower insulin costs through the Part D Senior Savings Model for the 2021 plan year. Across the nation, participating enhanced Part D prescription drug plans will provide Medicare beneficiaries access to a broad set of insulins at a maximum $35 copay for a month’s supply, from the beginning of the year through the Part D coverage gap. The model follows on the Trump Administration’s previously announced 13.5 percent decline in the average monthly basic Part D premium since 2017 to the lowest level in seven years.
One of the final healthcare actions made by the Trump Administration has been rescinded by the Biden Administration. On December 23, 2020, the Trump Administration finalized a rule that directed the Department of Health and Human Services (HHS) to take action to require that federally qualified health centers (FQHCs) make insulin and injectable epinephrine available to certain patients at 340B prices. The Biden Administration delayed the rule twice before it became effective on July 20, 2021, and the first opportunity for HHS to impose the requirements of the rule would have been through grants awarded in fiscal year 2022. So, while the rule has been in effect since July, it has yet to be implemented.
In the Federal Register notice rescinding the rule, HHS noted that the rule would have resulted in “excessive administrative costs and burdens” on health centers. Specifically, the agency took issue with the requirement that health centers would need to create and maintain new practices to determine patients’ eligibility to receive drugs at or below the discounted price paid by the health center, plus a minimal fee. HHS also noted its belief that the implementation of the Rule would have resulted in “reduced resources available to support critical services to health center patients – including those who use insulin and injectable epinephrine.
originally posted by: Boomer1947
originally posted by: xuenchen
originally posted by: chr0naut
a reply to: WeMustCare
Here's a little comparison of insulin prices worldwide:
Cost of Insulin by Country 2024
... and in New Zealand, insulin is fully funded by the government, so patients get it for free. I'm fairly sure the same is true in many other countries.
Medicine of all types is a gouge-fest in the USA.
Yeah People here wonder why Biden and Democrats didn't cut Insulin down to zero$ 😬
He didn't cut it down to zero because that would be Communism, and everyone here on ATS knows that Communism is evil..
originally posted by: 727Sky
Nothing he says or reads from a teleprompter interest me as it is known to be mostly pure B.S. and democrat socialist propaganda
originally posted by: BedevereTheWise
originally posted by: Boomer1947
originally posted by: xuenchen
originally posted by: chr0naut
a reply to: WeMustCare
Here's a little comparison of insulin prices worldwide:
Cost of Insulin by Country 2024
... and in New Zealand, insulin is fully funded by the government, so patients get it for free. I'm fairly sure the same is true in many other countries.
Medicine of all types is a gouge-fest in the USA.
Yeah People here wonder why Biden and Democrats didn't cut Insulin down to zero$ 😬
He didn't cut it down to zero because that would be Communism, and everyone here on ATS knows that Communism is evil..
Where would the US be if access to medicine was based on need rather ability to pay.
originally posted by: WeMustCare
originally posted by: BedevereTheWise
originally posted by: Boomer1947
originally posted by: xuenchen
originally posted by: chr0naut
a reply to: WeMustCare
Here's a little comparison of insulin prices worldwide:
Cost of Insulin by Country 2024
... and in New Zealand, insulin is fully funded by the government, so patients get it for free. I'm fairly sure the same is true in many other countries.
Medicine of all types is a gouge-fest in the USA.
Yeah People here wonder why Biden and Democrats didn't cut Insulin down to zero$ 😬
He didn't cut it down to zero because that would be Communism, and everyone here on ATS knows that Communism is evil..
Where would the US be if access to medicine was based on need rather ability to pay.
It depends on where you are economically. I've had people from Canada and other "socialist medicine" nations contact the office looking for quick access to surgeries and chemo, because their home country had them on a long wait list...even though they were wealthy.
originally posted by: BedevereTheWise
originally posted by: WeMustCare
originally posted by: BedevereTheWise
originally posted by: Boomer1947
originally posted by: xuenchen
originally posted by: chr0naut
a reply to: WeMustCare
Here's a little comparison of insulin prices worldwide:
Cost of Insulin by Country 2024
... and in New Zealand, insulin is fully funded by the government, so patients get it for free. I'm fairly sure the same is true in many other countries.
Medicine of all types is a gouge-fest in the USA.
Yeah People here wonder why Biden and Democrats didn't cut Insulin down to zero$ 😬
He didn't cut it down to zero because that would be Communism, and everyone here on ATS knows that Communism is evil..
Where would the US be if access to medicine was based on need rather ability to pay.
It depends on where you are economically. I've had people from Canada and other "socialist medicine" nations contact the office looking for quick access to surgeries and chemo, because their home country had them on a long wait list...even though they were wealthy.
Yes the US provides very good and fast healthcare if you can afford to pay for it.
If.