1267
Biden administration adds insulin to drug price negotiation list in major blow to big pharma
(theintercept.com)
this post was submitted on 30 Aug 2023
1267 points (99.5% liked)
News
23366 readers
5345 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They need to find a way to negotiate the price down for everyone, not just retirees. Kids need insulin.
And after that, epi pens.
Here’s some good news about that with California making its own insulins:
https://www.npr.org/2023/03/19/1164572757/california-contract-cheap-insulin-calrx
That is really great news. Thanks!
I wish the process would be repeated by the federal government, for every similar drug that could be produced with their patent's expiration.
I've always wondered why those that might need an epinephrine shot don't keep a vial and needle on hand. A vial of epinephrine goes for about $35. No judgement, just genuinely curious.
You ever try to draw from a syringe while you're hypotensive, gasping for breath, and panicking as you're about to pass out? That's the primary innovation of the epi-pen. Remove cap, stab through clothes, press button.
Granted, syringe and vial would be better than not having epinephrine though.
You can prefill the needle and keep it in a pencil case. Syringes work fine through clothes, although not ideal.
I'm an insulin dependent (T1) diabetic. I keep a glucagon kit on hand in case of an emergency. It's a syringe and vial that needs to be mixed. The idea is that if you're unconscious, someone that is close can administer. If I were severely hypoglycemic I'd have problems, but my partner wouldn't. I could pull it off if it were prefilled, but you can't prefill glucagon.
Edit: I totally get it and agree though. Life saving medicine shouldn't have any barriers.
You have to be careful about what tissue you put the epinephrine in. If you don’t hit the right tissue, it can not function or cause you to go into tachycardia. When your brain is also potentially not working super great due to low blood pressure (the shock part of anaphylactic shock), it’s best to have a point and click interface.
Where are all of the "think of the children" folk? Not important now that they're born.
"If you're pre-born, you're fine. If you're preschool, you're fucked." -- George Carlin
Except even that isn't true, because those "choose life" assholes don't give two fucks about poor women without insurance being unable to afford pre-natal care. If your fetus dies from something preventable, fuck you lady.
Don't worry, they're too busy actively using children as pawns to fuck over the Internet, labor laws and trans people.
Children also make good target practice for guns in schools.
DARK BRANDON HAS ARRIVED
The problem is the government can't set the price of goods in a private contract between two non-government entities, which is what would need to happen. The various bills you see in states setting co-pay caps is about as close as we can get, and that only happens because the government CAN regulate insurance companies and the policies they offer. While that might, eventually, put pressure on the insurance companies to demand lower prices from the manufacturers, it's a long way disconnected from the price paid by the patient.
And regulating copays doesn't help people without insurance at all.
That's why this is such an important step. When prescription coverage was added to Medicare, the ability of the government to negotiate drug prices was specifically striped from the bill. The Inflation Reduction Act added it back, finally. And it's a huge win. Medicare and Medicaid are enormous programs, and when they throw their weight around, they can affect the markets they're in dramatically. It's why the drug companies are already filing suit.
But the real solution isn't trying to force private insurance companies to play ball, or make drug manufacturers sell at a low price, it's to leverage that giant market pressure and expand Medicare eligibility to everyone. And if you're worried about funding? Don't be. Unlike social security, Medicare's tax has no maximum wage.
What about IRS? I mean they should report taxes. So if they refuse money they report they are getting paid, then it is low-hanging tax fraud. Probably. At least in Europe it would be.
Yup. Everything i hear about health care cost is leverage. I’m glad to see this.
Laws aren't real. The government isn't real. Money isn't real.
You're not listing good reasons. Just trite bullshit.
Laws are absolutely real, and this is a testable theory. Go break a law and put in no effort to hide what you've done. See what happens.
What you mean to say is that we can change laws, and that's true. To do that, you'd need to elect more representatives, nationally, who agree with you - because the government is also very real.
You live in the real world, whether you like it or not.
What did @[email protected] specifically say that’s not factually true?
Uh... What?
There was fringe on the flag!
Don't negotiate. Take your money out of big pharma. They're only doing this to "make money for their investors". If you know anyone who is invested, they are living off of blood money. Cancel big pharma.
So people should just stop taking all their pharmaceutials?
Did you hear that, cancer patients and diabetics?
No, if you've ever complained about drug prices and have some of your investment portfolio in pharmaceuticals, just know you're literally robbing yourself to pay yourself and enriching a middleman to do it.
Everyone has a stake in pharm. I am sure I must as well given the number of index funds I own.
Ok, but plenty of people complain about drug prices who don't have an investment portfolio at all. Like me. Drug prices are ruining people in America. They aren't in the rest of the Western world. This needs to change. And saying "cancel big pharma" is not a solution. Especially when all of those other countries didn't do that, they negotiated and got good prices.