@thedailybeast The Affordable Insulin Now Act “ does not lower the price of insulin by one penny,” said @LloydDoggettTX
He's right.
It's a cap on the copay only.
Americans, including the uninsured will STILL pay 800% more than they should for insulin and many other drugs.
🧵1/6
He's right.
It's a cap on the copay only.
Americans, including the uninsured will STILL pay 800% more than they should for insulin and many other drugs.
🧵1/6
@thedailybeast @LloydDoggettTX 🧵2/6 👀who the profiteers are in the Insulin Cartel
Net price is approx what the big 3 manufacturers pull in.
List price= net price + 💵 #PBM make
PBM are responsible for lion's share of cost of insulin, which will not ⬇️ with this bill.
Uninsured will still pay 800% ⬆️ BOO!
Net price is approx what the big 3 manufacturers pull in.
List price= net price + 💵 #PBM make
PBM are responsible for lion's share of cost of insulin, which will not ⬇️ with this bill.
Uninsured will still pay 800% ⬆️ BOO!
@thedailybeast @LloydDoggettTX 🧵3/6 The 3 @PhRMA companies making most of the insulin also profiteering... it cost about $6 to make and they charge $50...They became the big 3 because the #PBM can legally collect #kickbacks. These co bought their way onto PBM controlled formulary buckscountycouriertimes.com/story/opinion/…
@thedailybeast @LloydDoggettTX @PhRMA 🧵4/6 HR-19 introduced by @cathymcmorris was a far better 💊💉 bill than any other introduced because it held @PhRMA AND #PBM accountable thus DECREASED overall cost of insulin, and copay cap of $50 for insulin +supplies for seniors. goerie.com/story/opinion/…
@thedailybeast @LloydDoggettTX @PhRMA @cathymcmorris 🧵5/7 Hope for a bipartisan senate bill that hits the profiteering #PBM @SenatorHassan and @SenatorCollins.
👍 to @mmcauliff of @KHNews for being one of the only reporters to point out the house insulin bill not a cap on #insulin cost, only copay khn.org/news/article/i…
👍 to @mmcauliff of @KHNews for being one of the only reporters to point out the house insulin bill not a cap on #insulin cost, only copay khn.org/news/article/i…
@thedailybeast @LloydDoggettTX @PhRMA @cathymcmorris @SenatorHassan @SenatorCollins @mmcauliff @KHNews 🧵6/7 Kudos to non-profit @CivicaRx for bypassing the whole corrupt #insulin cartel, and making insulin themselves, cutting out the #PBM proving innovation does it with HUGE cost savings. cnn.com/2022/03/03/pol…
@thedailybeast @LloydDoggettTX @PhRMA @cathymcmorris @SenatorHassan @SenatorCollins @mmcauliff @KHNews @CivicaRx 🧵7/7 Kudos to @costplusdrugs @mcuban @alexosh for bypassing the whole corrupt prescription 💊 cartel, and distributing many meds themselves, cutting out the #PBM proving innovation does it with HUGE cost savings.healthline.com/health-news/ma…
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