this post was submitted on 09 Oct 2023
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California governor vetoes bill that would have set a $35 cap for insulin (www.theguardian.com)
submitted 1 year ago by athos77@kbin.social to c/news@kbin.social
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Bill denial for the prescription drug price cap called ‘a major setback’ for diabetics in the state

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[–] ampersandrew@kbin.social 6 points 1 year ago

It's restricting corporations on one charge and not another, and lowering income on one thing just puts pressure on the other to rise. It would lower a copay, and they will absolutely raise premiums to cover it, which they've historically done as drug prices rise. It also doesn't do anything for the uninsured.