House passes bill capping insulin at $35 a month for patients with insurance

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House passes bill capping insulin at $35 a month for patients with insurance
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The House of Representatives passed a bill Thursday that caps the monthly cost of insulin at $35 for patients with insurance.

passed a bill Thursday that limits payments for insulin by patients with insurance. and passed 232-193, would cap insulin prices at either $35 a month or 25% of an insurance plan's negotiated price, depending on which is lower. The legislation would take effect in 2023.

KAMALA HARRIS PANNED FOR OFFERING 'WORD SALAD' AT WH EVENT WITH JAMAICAN PRIME MINISTER: 'IS SHE PUNKING US?' Critics say the bill would raise premiums and fails to target pharmaceutical middlemen seen as contributing to high list prices for insulin.Sen. Chuck Grassley, R-Iowa, said Democrats could have a deal on prescription drugs if they drop their bid to authorize Medicare to negotiate prices.

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