📣 @USCBO finds #AffordableInsulinActNOW Act would cost...Nothing! (no, really...well, sort of)
acasignups.net/22/03/30/cbo-f…
acasignups.net/22/03/30/cbo-f…
In short, the CBO estimates the *gross* cost would be around $20B over a decade...but also finds $20B would be *saved* by delaying the implementation of a Medicare Part D rebate rule by a year, entirely cancelling out the cost.
A House amendment to extend the $35 cap to the *uninsured* as well would apparently bump the gross cost by another $9B/decade, however.
Fortunately there appears to be bipartisan support for that in the Senate. Stay tuned...
Fortunately there appears to be bipartisan support for that in the Senate. Stay tuned...
The beauty of the $20B savings is that it was teed up by the Trump Administration...he basically released a rule which would increase federal spending by $177 billion thru 2029, so every year the Biden Administration *delays* this rule *saves* billions of dollars. Handy!
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