Bill denial for the prescription drug price cap called ‘a major setback’ for diabetics in the state
Do you not agree with his reasoning? It seems like California will be producing their own insulin, as capping copay prices just makes health insurances gouge patients in other ways or something like that.
I agree that it’s just going to be a way for everyone to get higher premiums - but it would also be a way for diabetics to get life saving medication without needing to skip the groceries. That’s a pretty urgent problem. Premiums will go up one way or another.
No, I don’t agree with his reasoning. “We can’t in any way restrict corporations because they’ll just raise prices” is an old canard peddled by useful idiots and corporate bootlickers, and California’s insulin production won’t affect the market for quite some time. But, you know, fuck the poor. They don’t donate to political campaigns with unlimited funds.
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.