{"id":1618359,"date":"2022-08-22T06:31:27","date_gmt":"2022-08-22T10:31:27","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1618359"},"modified":"2022-08-22T06:32:27","modified_gmt":"2022-08-22T10:32:27","slug":"how-to-lower-insulin-prices-without-democrats-price-controls","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-to-lower-insulin-prices-without-democrats-price-controls\/","title":{"rendered":"How to Lower Insulin Prices Without Democrats\u2019 Price Controls"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fhow-to-lower-insulin-prices-without-democrats-price-controls%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1618359&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>    How to lower insulin prices without Democrats\u2019 big government price controls &#8211; Based Politics<br \/>\n    <meta \/><br \/>\n    <meta content=\"width=device-width, initial-scale=1.0\" \/>\n    <link rel=\"pingback\" href=\"https:\/\/www.based-politics.com\/xmlrpc.php\" \/>\n    <meta content=\"index, follow, max-image-preview:large, max-snippet:-1, max-video-preview:-1\" \/><\/p>\n<link rel=\"canonical\" href=\"https:\/\/www.based-politics.com\/?p=5190\" \/>\n\t<meta content=\"en_US\" \/><br \/>\n\t<meta content=\"article\" \/><br \/>\n\t<meta content=\"How to lower insulin prices without Democrats\u2019 big government price controls - Based Politics\" \/><br \/>\n\t<meta content=\"The so-called\u00a0\u201cInflation Reduction Act\u201d\u00a0that Democrats just passed is really a climate and healthcare spending bill. One of the most consequential healthcare\u00a0provisions\u00a0included in the bill is a limit on out-of-pocket prices Medicare beneficiaries can pay for insulin, capping their copays at $35. 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id=\"tdi_78\" class=\"tdc-row stretch_row_1400 td-stretch-content\">\n<div class=\"vc_row tdi_79  wpb_row td-pb-row\">\n<div class=\"vc_column tdi_81  wpb_column vc_column_container tdc-column td-pb-span9\">\n<div class=\"wpb_wrapper\">\n<div class=\"td_block_wrap tdb_single_featured_image tdi_82 tdb-content-horiz-left td-pb-border-top td_block_template_1\" data-td-block-uid=\"tdi_82\">\n<div class=\"tdb-block-inner td-fix-index\">\n<figure><figcaption class=\"tdb-caption-text\">Wikimedia Commons<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<div class=\"vc_row_inner tdi_85  vc_row vc_inner wpb_row td-pb-row\">\n<div class=\"vc_column_inner tdi_87  wpb_column vc_column_container tdc-inner-column td-pb-span12\">\n<div class=\"vc_column-inner\">\n<div class=\"wpb_wrapper\">\n<div class=\"td_block_wrap tdb_single_author tdi_88 td-pb-border-top td_block_template_1 tdb-post-meta\" data-td-block-uid=\"tdi_88\">\n<div class=\"tdb-block-inner td-fix-index\"><a class=\"tdb-author-photo\" href=\"https:\/\/www.based-politics.com\/author\/brad-polumbo\/\" title=\"Brad Polumbo\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.based-politics.com\/wp-content\/uploads\/2022\/01\/brad-150x150.jpeg\" width=\"96\" height=\"96\" alt=\"Brad Polumbo\" class=\"avatar avatar-96 wp-user-avatar wp-user-avatar-96 alignnone photo\" \/><\/a><\/div>\n<\/div>\n<div class=\"td_block_wrap tdb_single_date tdi_89 td-pb-border-top td_block_template_1 tdb-post-meta\" data-td-block-uid=\"tdi_89\">\n<p><time class=\"entry-date updated td-module-date\" datetime=\"2022-08-20T07:04:35-04:00\">August 20, 2022<\/time><\/p>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"td_block_wrap tdb_single_content tdi_92 td-pb-border-top td_block_template_1 td-post-content tagdiv-type\" data-td-block-uid=\"tdi_92\">\n<div class=\"tdb-block-inner td-fix-index\">\n<p class=\"p1\">The so-called\u00a0<a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/inflation-reduction-act-signing-biden\" class=\"stylish-link\"><span class=\"s1\">\u201cInflation Reduction Act\u201d<\/span><\/a>\u00a0that Democrats just passed is really a climate and healthcare spending bill. One of the most consequential healthcare\u00a0<a href=\"https:\/\/www.cnbc.com\/2022\/08\/16\/inflation-reduction-act-to-cap-costs-for-medicare-patients-on-insulin.html\" class=\"stylish-link\"><span class=\"s1\">provisions<\/span><\/a>\u00a0included in the bill is a limit on out-of-pocket prices Medicare beneficiaries can pay for insulin, capping their copays at $35. Republicans\u00a0<a href=\"https:\/\/www.cbsnews.com\/news\/insulin-price-cap-senate-republicans-block-inflation-reduction-act\/\" class=\"stylish-link\"><span class=\"s1\">voted against<\/span><\/a>\u00a0expanding this quasi-price-control beyond Medicare to all private health insurance and opposed the broader measure as well.<\/p>\n<p class=\"p1\">Naturally, they were castigated as heartless, evil monsters who don\u2019t want people to have access to life-saving medications.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">So wait, the same Republicans in Congress who claim to be pro-life also voted against making life-saving insulin more affordable?<\/p>\n<p>\u2014 Robert Reich (@RBReich) <a href=\"https:\/\/twitter.com\/RBReich\/status\/1558558898289885185?ref_src=twsrc%5Etfw\" class=\"stylish-link\">August 13, 2022<\/a><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">43 Republican Senators voted against capping insulin at $35\/month.<\/p>\n<p>As a nurse who has seen patients forced to ration insulin, get limbs amputated, and die \u2014 this is unconscionable.<\/p>\n<p>Insulin should be free for all who need it, but capping the price would\u2019ve saved countless lives.<\/p>\n<p>\u2014 Cori Bush (@CoriBush) <a href=\"https:\/\/twitter.com\/CoriBush\/status\/1556789101616963584?ref_src=twsrc%5Etfw\" class=\"stylish-link\">August 8, 2022<\/a><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Just a reminder: The Democrats TRIED to make Insulin affordable &#038; Accessible for EVERY American. The GOP voted NO. Remember in November! <a href=\"https:\/\/t.co\/5tRA1HyBuq\" class=\"stylish-link\">https:\/\/t.co\/5tRA1HyBuq<\/a><\/p>\n<p>\u2014 David Hogg \u262e\ufe0f (@davidhogg111) <a href=\"https:\/\/twitter.com\/davidhogg111\/status\/1557115543945093123?ref_src=twsrc%5Etfw\" class=\"stylish-link\">August 9, 2022<\/a><\/p>\n<\/blockquote>\n<p class=\"p1\">These criticisms are demagogic and unfair. There are many valid reasons to oppose these proposals, which simply shoulder costs on to taxpayers and do not address the underlying causes behind high insulin prices. But the backlash does reveal a need for serious conservative policy proposals that\u00a0<a href=\"https:\/\/www.washingtonexaminer.com\/tag\/republican-party\" class=\"stylish-link\"><span class=\"s1\">Republicans<\/span><\/a>\u00a0can rally behind in order to make insulin more affordable.<\/p>\n<p class=\"p1\"><b>1. Make insulin available over-the-counter<\/b><\/p>\n<p class=\"p1\">Right now, the government requires diabetics to obtain regular prescriptions for\u00a0<a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/dscc-insulin-vote-senate-gop-defensive\" class=\"stylish-link\"><span class=\"s1\">insulin,<\/span><\/a>\u00a0even though they must regularly purchase it and quickly become extremely familiar with their own dosing and treatment needs. This adds additional layers to the process and makes insulin more expensive than it otherwise would be.<\/p>\n<p class=\"p1\">\u201cGovernment increases the cost of insulin by requiring diabetics to get prescriptions before purchasing many insulin products,\u201d the Cato Institute\u2019s Michael Cannon\u00a0<a href=\"https:\/\/www.cato.org\/commentary\/last-thing-insulin-markets-need-more-government\" class=\"stylish-link\"><span class=\"s1\">says<\/span><\/a>. \u201cIt makes little sense to require diabetics, who are highly knowledgeable repeat consumers of insulin, to obtain prescriptions each time they purchase it.\u201d<\/p>\n<p class=\"p1\">\u201cCanada generally allows diabetics to purchase any insulin product without a prescription,\u201d he adds. \u201cIf the FDA or Congress were to remove those requirements, both the price of insulin and the ancillary costs of obtaining it would fall.\u201d<\/p>\n<p class=\"p1\">This is an easy, free-market solution that Republicans ought to rally behind to answer the demand for more affordable insulin.<\/p>\n<p class=\"p1\"><b>2. Get big government out of the way of generic insulin options<\/b><\/p>\n<p class=\"p1\">It\u2019s basic economics that competitive markets drive down prices for consumers, while monopolistic or concentrated markets lead to higher prices. Unfortunately, when it comes to insulin, the federal government makes it needlessly difficult to bring new competitive, generic options to the market \u2014 thwarting market forces from drastically lowering prices.<\/p>\n<p class=\"p1\">\u201cIn 2020, the FDA labeled insulin as a biologic, instead of a conventional drug,\u201d Americans for Prosperity health policy analyst Charlie Katebi explained to me. \u201cThis makes it enormously more difficult for new generic versions of insulin to enter the market and compete. For regular drugs (known as small molecule drugs), brand-name makers can sell new drugs for five years before generics can compete with them. However, generic biologics (called biosimilars) have to wait 12 years before they can compete.\u201d<\/p>\n<p class=\"p1\">\u201cIn addition, the FDA imposes an exceedingly harder approval process for biosimilars to enter the market,\u201d Katebi added. \u201cLawmakers can remove these barriers and allow more competing insulins to enter the market and bring down the price for patients.\u201d<\/p>\n<p class=\"p1\">At the end of the day, making life-saving medication as affordable as possible is a goal we should all support. Republicans are right to reject the Left\u2019s heavy-handed, big government \u201csolutions\u201d \u2014 but need to offer our own alternatives to address the public\u2019s valid concerns.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/opinion\/how-to-lower-insulin-prices-without-democrats-big-government-price-controls\" target=\"_blank\" rel=\"noopener\" class=\"stylish-link\">This column originally appeared in the Washington Examiner.<\/a><\/p>\n<p class=\"p1\"><b>Like this article? 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These including our newsletter or other informational emails*<\/p><\/div>\n<\/div>\n<div class=\"tdm_block td_block_wrap tdm_block_column_title tdi_102 tdm-content-horiz-center td-pb-border-top td_block_template_1\" data-td-block-uid=\"tdi_102\">\n<div class=\"td-block-row\">\n<div class=\"td-block-span12 tdm-col\">\n<h3 class=\"tdm-title tdm-title-sm\">Our Latest Podcast<\/h3>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"tdm_block td_block_wrap tdm_block_column_title tdi_106 tdm-content-horiz-left td-pb-border-top td_block_template_1\" data-td-block-uid=\"tdi_106\">\n<div class=\"td-block-row\">\n<div class=\"td-block-span12 tdm-col\">\n<h3 class=\"tdm-title tdm-title-sm\">Related articles<\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"tdi_113\" class=\"tdc-row stretch_row_1400 td-stretch-content\">\n<div class=\"vc_row tdi_114  wpb_row td-pb-row\">\n<div class=\"vc_column tdi_116  wpb_column vc_column_container tdc-column td-pb-span12\">\n<div class=\"wpb_wrapper\">\n<div class=\"tdb-author-box td_block_wrap tdb_single_author_box tdi_119 tdb-content-vert-center td-pb-border-top td_block_template_1\" data-td-block-uid=\"tdi_119\">\n<div class=\"tdb-block-inner td-fix-index\"><a href=\"https:\/\/www.based-politics.com\/author\/brad-polumbo\/\" class=\"tdb-author-photo\" title=\"Brad Polumbo\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.based-politics.com\/wp-content\/uploads\/2022\/01\/brad-150x150.jpeg\" width=\"96\" height=\"96\" alt=\"Brad Polumbo\" class=\"avatar avatar-96 wp-user-avatar wp-user-avatar-96 alignnone photo\" \/><\/a><\/p>\n<div class=\"tdb-author-info\"><a href=\"https:\/\/www.based-politics.com\/author\/brad-polumbo\/\" class=\"tdb-author-name\">Brad Polumbo<\/a><\/p>\n<p>Brad Polumbo is a libertarian-conservative journalist and co-founder of Based Politics. His work has been cited by top lawmakers such as Senator Rand Paul, Senator Ted Cruz, Senator Pat Toomey, Congresswoman Nancy Mace, Congressman Thomas Massie, and former UN Ambassador Nikki Haley, as well as by prominent media personalities such as Jordan Peterson, Sean Hannity, Dave Rubin, Ben Shapiro, and Mark Levin. Brad has also testified before the US Senate, appeared on Fox News and Fox Business, and written for publications such as USA Today, National Review, Newsweek, and the Daily Beast. He hosts the Breaking Boundaries podcast and has a bachelor\u2019s degree in economics from the University of Massachusetts Amherst.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>                    <span class=\"td-page-meta\" itemprop=\"author\" itemscope itemtype=\"https:\/\/schema.org\/Person\"><meta itemprop=\"name\" content=\"Brad Polumbo\" \/><meta itemprop=\"url\" content=\"https:\/\/www.based-politics.com\/author\/brad-polumbo\/\" \/><\/span><meta itemprop=\"datePublished\" content=\"2022-08-20T07:04:35-04:00\" \/><meta itemprop=\"dateModified\" content=\"2022-08-20T11:02:09-04:00\" \/><meta itemscope itemprop=\"mainEntityOfPage\" itemtype=\"https:\/\/schema.org\/WebPage\" itemid=\"https:\/\/www.based-politics.com\/2022\/08\/20\/how-to-lower-insulin-prices-without-democrats-big-government-price-controls\/\" \/><span class=\"td-page-meta\" itemprop=\"publisher\" itemscope itemtype=\"https:\/\/schema.org\/Organization\"><span class=\"td-page-meta\" itemprop=\"logo\" itemscope itemtype=\"https:\/\/schema.org\/ImageObject\"><meta itemprop=\"url\" content=\"https:\/\/www.based-politics.com\/2022\/08\/20\/how-to-lower-insulin-prices-without-democrats-big-government-price-controls\/\" \/><\/span><meta itemprop=\"name\" content=\"Based Politics\" \/><\/span><meta itemprop=\"headline\" content=\"How to lower insulin prices without Democrats\u2019 big government price controls\" \/><span class=\"td-page-meta\" itemprop=\"image\" itemscope itemtype=\"https:\/\/schema.org\/ImageObject\"><meta itemprop=\"url\" content=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/08\/Untitled-design-2022-08-19T173158.341.png\" \/><meta itemprop=\"width\" content=\"1920\" \/><meta itemprop=\"height\" content=\"1080\" \/><\/span>                <\/article>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>How to lower insulin prices without Democrats\u2019 big government price controls &#8211; Based Politics<\/p>\n","protected":false},"author":1,"featured_media":1618361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1618359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1618359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1618359"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1618359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1618361"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1618359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1618359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1618359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}