So Joe Biden made another big announcement yesterday, and once again, most of the media has low-keyed it in favor of political horserace stories. But this is a very big deal, because not every insulin formula works well for all diabetics, and will make a difference to ordinary Americans. Via USAToday:
As of this afternoon, all three of the leading insulin producers in America have agreed to substantially reduce their prices, following my calls to expand my $35 cap for seniors to all Americans,. Sanofi is the latest company to recognize that charging hundreds of dollars for insulin that costs $10 to produce is just wrong, especially when the lives of so many children, parents, and grandparents depend on it.
My administration is working every day to bring working people and families more breathing room, and we won’t stop. Congress should still pass legislation to ensure everybody can get insulin for no more than $35 per month, along with a Junk Fee Prevention Act, and legislation to make childcare more affordable and accessible.