Newsom signs bill advancing universal health care, vetoes insulin price cap

by nosotros_road_sodium

16 comments
  1. Insulin is like 80% of why America needs healthcare.

  2. Dude is a corporate shill masquerading as a progressive

  3. 📜

    Universe Health Care only works with stringent price controls on all procedures, equipment, medications and anything that can be used to price gouge the government / citizenry.

    ~

    I would rather be healthy in a hospital with dirt floors than dead in a hospital with marble floors.

  4. How many ways can you demonstrate that you’re bought and paid for, Gavin?

  5. Does anyone recall newsom saying California was going to make its own insulin? I vaguely remember that

  6. It would have been helpful for the [article](https://www.upi.com/Top_News/US/2023/10/08/california-gavin-newsom-insulin-veto/4881696805580/) to include *why* he vetoed the insulin cap:

    >The bill would have blocked insurance companies from requiring out-of-pocket payments of more than $35 for a 30-day supply of insulin. The governor cited the state’s plan to manufacture its own brand of insulin at a cheaper cost in a letter explaining why he vetoed the bill.

    >In March, Newsom announced that the state had signed a contract with Civica, a nonprofit drug company, to manufacture insulin. The insulin, sold under the banner of CalRX, will cost “no more than $30 per 10 mL vial or $55 for five 3 mL cartridges,” according to Newsom.

    >”Bringing down the costs of prescription drugs, and particularly insulin, has long been a priority of mine. People should not be forced to go into debt to get lifesaving medicines,” Newsom said. “With CalRx, we are getting at the underlying cost, which is the true sustainable solution to high-cost pharmaceuticals. With copay caps however, the long-term costs are still passed down to consumers through higher premiums from health plans.”

  7. Insulin should cost zero dollars in a civil and humane society.

  8. False. Misinformation. 30 buck cap in place already. People are so gullible to trolling.

  9. California had already a plan to charge 30 bucks for insulin, the vetoed plan was for 35.

  10. People have missed a key point here:

    CalRX Insulin will be available **nationwide**, at $30. Insured, uninsured… it’ll be considered a generic that you can ask for with your current prescription. Your insurance can co-pay it, like any generic, but OOP it is $30, period.

    There’s no insurer involved, there’s no hidden money. This a California investment into a private venture to make insulin as close to manufacture price as possible. The $50M facility it is being manufactured in is built in California on the public dime. The insulin project is a 10-year, $50M deal specifically to make drugs at the minimum viable price.

    It doesn’t stop at insulin. They want to go after drugs for which the supply chain is weak or artificially scarce/inflated (hello epi pen). The goal is to *literally* reduce the price of drugs, not just trust insurers to shuffle around the money with a fake cap.

    Texas, for example, has a $25 cap. It’s a gimmick, the insurers simply raise rates, lower coverage, or exit the market. You’re never actually just paying $25. Caps are dumb.

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