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Trump claims credit for Biden’s insulin price cap
(www.cnbc.com)
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this post was submitted on 09 Jun 2024
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He only capped it for 1750 patients for 1 year. Biden got it done for everyone
Yep, I'm never a fan of means testing, and that was included in it. Not sure where your numbers are coming from since you didn't link it tho.
https://www.factcheck.org/2020/07/trumps-executive-orders-on-prescription-drugs/
Unfortunately that's still the case...
https://www.politifact.com/factchecks/2024/apr/02/joe-biden/biden-is-right-about-35-insulin-cap-but-exaggerate/
But even if it did do what Biden claims, why pause Trump's for years?
What about those people that got it under Trump's means testing and under Biden's means testing?
Why did Biden not want them to be covered under Trump's in the meantime?
I'm legitimately trying to find out why, and I'm just not getting any answers.
Trump did start the lower cost of insulin train, but when he started it was only for "1,750 standalone Medicare Part D prescription drug plans and Medicare Advantage plans." ^(1)
So yeah I guess he started it, but Biden actually did it with his Inflation Reduction Act, which Democratic lawmakers pushed through Congress in 2022. ^(2) (3)
(1) https://www.cms.gov/newsroom/press-releases/president-trump-announces-lower-out-pocket-insulin-costs-medicares-seniors
(2) https://amp.cnn.com/cnn/2024/01/01/politics/insulin-price-cap
(3) https://www.medicarerights.org/medicare-watch/2023/06/29/the-inflation-reduction-acts-part-b-insulin-price-takes-effect-july-1
Edit: sorry for the format on this one. I copied it from an earlier comment where I was being snarky