Progressive and Tri-Caucus Chairs Urge Congressional Leadership to Lower Insulin Prices for the Uninsured
More than 75 members of
In their letter to Speaker Pelosi, Senate Majority Leader Schumer, House Minority Leader McCarthy, and Senate Minority Leader McConnell, Congressional Progressive Caucus Chair
The lawmakers emphasize that, with the price of insulin having risen more than 1,000 percent since 1999, affordability is a crisis for the 37.3 million Americans who have diabetes -- but it is especially dire for those without coverage. Two million people with diabetes don't have insurance, and more than one in four of those who need insulin have experienced a lapse in insurance coverage for at least 30 days in the past three years. Uninsured people with diabetes often pay over
As the lawmakers write, the consequences are quite literally life and death: "Whether without insurance for an extended period of time or for 30 days due to life events such as job transitions or marriage, uninsured people with diabetes often pay over
Excluding uninsured people from a cap on out-of-pocket costs would also worsen racial disparities in our healthcare system. Black, Hispanic, and Asian Americans have both higher rates of diabetes than white Americans, and are less likely to have health insurance. As the letter notes, "A 2021 study in the
The lawmakers make clear that a universal cap on insulin costs could be accomplished either by using existing Medicaid payment structures to reimburse pharmacies or by establishing a fund in HHS that reimburses insurance providers and pharmacies. They conclude, "inclusion of uninsured people in insulin pricing legislation will help prevent new racial health disparities resulting from this legislation, curb future deaths of Americans due to insulin rationing, and decrease the likelihood of diabetes complications."
The letter can be found online here: https://progressives.house.gov/_cache/files/1/b/1ba846e3-1cf3-44fa-a36c-bf7d8839a420/52FF9F683B3FB35BDA92458F0A59DE66.220729-cpc-tri-caucus-insulin-for-uninsured-people-letter.pdf
The signatories to this letter include:
* * *
Original text here: https://progressives.house.gov/press-releases?ID=39CDE494-99F9-46D6-9FA6-F565DEFF305F



Data Analytics in L H Insurance Market Size, Growth, Share with Countries Data, Industry Trends, Demand, Revenue and Forecast 2028 Deloitte, SAP AG, LexisNexis, IBM, Verisk Analytics, Pegasystems, Oracle, OpenText, Majesco, SAS: Data Analytics in L H Insurance Market 2022 – Global Insights on Trends, Value Chain Analysis, Regulatory Framework, Leading Players, Drivers, and Future Prospect
Business Travel Insurance Market Is Projected to Reach USD 8834.10 Million by 2028 : Allianz, AIG, Zurich, Genarali, AXA Group, PICC, Tokio Marine, Sompo Japan: Global Business Travel Insurance Market Analysis, Share, Growth, Industry Trends Forecast 2022-2028
Advisor News
- Trump to promote tax breaks in Las Vegas, where residents feel the pinch of high gas prices
- Lifetime income is the missing link to global retirement security
- Don’t let caregiving derail your clients’ retirement
- The ‘magic number’ for retirement hits $1.45M
- OBBBA can give small-business clients opportunities for saving
More Advisor NewsAnnuity News
- Lifetime income is the missing link to global retirement security
- ‘All-weather’ annuity portfolios aim to sharply limit rainy days
- Annuity income: The new 401(k) standard?
- Smart annuity planning can benefit long-term tax planning
- Agam Capital Announces the Continued Growth of Agam ISAC’s Bermuda Platform
More Annuity NewsHealth/Employee Benefits News
- Sagility Announces Strategic Alliance with Convey Health Solutions and Simplify Healthcare® to Launch Sagility Synchrony
- Baylor Scott & White Health Plan will stop providing Medicaid and marketplace coverage in Texas
- Mallory McMorrow shops maternal health plan with focus on Black mothers, addressing inequities
- SAFEGUARDING PATIENTS FROM COVERAGE LOSS, ELLMAN TARGETS OVERDUE PREMIUM POLICIES
- EMPLOYER-SPONSORED HEALTH INSURANCE 101
More Health/Employee Benefits NewsLife Insurance News
- Judge allows PHL policyholders to intervene, denies ‘premium holiday’
- eHealth expands into final expense insurance
- CID hosts info session for PHL Variable policyholders
- ‘Seismic changes’ cloud global economy, analyst says
- Lifetime income is the missing link to global retirement security
More Life Insurance News