The Inflation Reduction Act has led to significant reductions in drug costs for Medicare recipients, with nearly 6,600 individuals in New Hampshire benefiting from lowered insulin costs. Senator Shaheen is advocating for the INSULIN Act to extend these caps to all Americans. The Biden administration has initiated negotiations to lower prices for 10 drugs under Medicare, marking a historic event opposed by all Republican members of Congress. Additionally, the Act has resulted in decreased health care premiums for over 270,000 residents in Michigan. In Minnesota, insulin manufacturer Eli Lilly has committed to capping the out-of-pocket cost of its insulin products at $35 per month and providing free insulin to clinics for five years. Representative Angie Craig is working to extend these savings nationwide through the Affordable Insulin Now Act. Despite these advances, a recent House vote on a bill that could undermine efforts to lower prescription drug costs has sparked controversy, with Democrats opposing the legislation, citing its potential to restrict the government's ability to negotiate lower costs.
Millions of seniors across the country will save money on prescription drugs this year, thanks to our work with @POTUS to lower prescription drug prices for Medicare recipients in the Inflation Reduction Act. Reminder: every single Republican voted NO. https://t.co/vIjy7PylMo
Eli Lilly just agreed to cap insulin costs at $35/month for Minnesotans – a huge win against Big Pharma. I’m working to extend those saving to all Americans through my Affordable Insulin Now Act, which would cap out-of-pocket insulin costs at $35/month. https://t.co/AMQuDOyWDq
I joined Democrats in voting against House Republicans' partisan Protecting Health Care for All Patients Act. Contrary to the bill's title, this legislation would limit our government's ability to negotiate lower health care and prescription drug costs. https://t.co/dagqy6FDpP https://t.co/fRmFhpO0qP
Today, the House voted on a bill that directly undermines our progress in lowering prescription drug costs for American families. My constituents sent me to Congress to lower drug prices, not increase them, which is why I voted NO. I'll continue to support meaningful solutions. https://t.co/8m06iHAAw8
Every single Republican in Congress voted against giving Medicare the power to negotiate lower prescription drug prices. Thanks to my Inflation Reduction Act, we’re doing it anyway. https://t.co/ueG5Rbfgef
Last week, @POTUS announced that Medicare has begun negotiating with drug companies for lower drug prices, thanks to the #InflationReductionAct. It's the first step in ensuring Americans have access to the drugs they need at prices they can afford--a historic milestone! https://t.co/2JaEYt5Llb
MN AG Keith Ellison makes announcement: "In resolution of 2018 lawsuit, insulin manufacturer Eli Lilly agrees to cap out-of-pocket cost of its insulin products at $35 per monthly prescription, and provide free insulin to clinics serving the neediest Minnesotans, for five years"
Everyone deserves access to quality, affordable health care. I'm proud that the Inflation Reduction Act — which I helped pass — has cut health care premiums for more than 270,000 Michiganders across our state.
Thanks to provisions I led in the Inflation Reduction Act, insulin costs were lowered for nearly 6,600 Granite State Medicare recipients. It's time to finish what we started by capping prices for all who rely on this lifesaving drug—it's critical Congress passes my INSULIN Act.
For the first time in history the Biden admin has begun negotiating to make 10 drugs cheaper for Medicare. This is a watershed event and one that every single republican in Congress voted against. https://t.co/rIf0NzVvWd