this post was submitted on 09 Jun 2024
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  • Former President Donald Trump recognized that the price of insulin is lower under President Joe Biden but still tried to take credit for it.
  • Trump has lagged Biden on the issue of health care in recent voter surveys.
  • Trump spent much of his term trying to repeal the Affordable Care Act, which covers roughly 45 million Americans, without offering an alternative health-care option.
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[–] [email protected] 3 points 5 months ago (1 children)

He only capped it for 1750 patients for 1 year. Biden got it done for everyone

[–] givesomefucks -4 points 5 months ago* (last edited 5 months ago) (1 children)

Yep, I'm never a fan of means testing, and that was included in it. Not sure where your numbers are coming from since you didn't link it tho.

https://www.factcheck.org/2020/07/trumps-executive-orders-on-prescription-drugs/

Another executive order pertains to insulin and epinephrine. It calls on the HHS secretary to require Federally Qualified Health Centers, or FQHCs, to make those drugs available at low prices to low-income individuals who don’t have health insurance or have high cost-sharing for those drugs.

More specifically, the order aims to have the FQHCs, which provide primary care in underserved areas, offer the drugs to those individuals “at the discounted price paid by the FQHC grantee or sub-grantee under the 340B Prescription Drug Program” plus a “minimal” fee. The 340B program enables certain entities to buy drugs at discounted prices.

Unfortunately that's still the case...

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. In response, three drug manufacturers said they planned to reduce the price of insulin to $35 through price caps or savings programs.

https://www.politifact.com/factchecks/2024/apr/02/joe-biden/biden-is-right-about-35-insulin-cap-but-exaggerate/

But even if it did do what Biden claims, why pause Trump's for years?

What about those people that got it under Trump's means testing and under Biden's means testing?

Why did Biden not want them to be covered under Trump's in the meantime?

I'm legitimately trying to find out why, and I'm just not getting any answers.

[–] [email protected] 4 points 5 months ago* (last edited 5 months ago)

Trump did start the lower cost of insulin train, but when he started it was only for "1,750 standalone Medicare Part D prescription drug plans and Medicare Advantage plans." ^(1)

So yeah I guess he started it, but Biden actually did it with his Inflation Reduction Act, which Democratic lawmakers pushed through Congress in 2022. ^(2) (3)

(1) https://www.cms.gov/newsroom/press-releases/president-trump-announces-lower-out-pocket-insulin-costs-medicares-seniors

(2) https://amp.cnn.com/cnn/2024/01/01/politics/insulin-price-cap

(3) https://www.medicarerights.org/medicare-watch/2023/06/29/the-inflation-reduction-acts-part-b-insulin-price-takes-effect-july-1

Edit: sorry for the format on this one. I copied it from an earlier comment where I was being snarky