Most Medicare enrollees could get insulin for $35 a month

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The Trump administration says most people with Medicare will have access to prescription plans next year that limit their copays for insulin to a maximum of $35 a month.

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Stable copays for insulin are the result of a deal shepherded by the administration between insulin manufacturers and major insurers, Medicare chief Seema Verma told The Associated Press. The three major suppliers, Eli Lilly, Novo Nordisk and Sanofi, were all involved. The cost of insulin is one the biggest worries for consumers generally concerned about high prices for brand name drugs. Millions of people with diabetes use insulin to keep their blood sugars within normal ranges and stave off complications that can include heart disease, blindness, kidney failure and amputations. People with diabetes also suffer worse outcomes from COVID-19.

The fate of drug pricing legislation ultimately seems to rest with House Speaker Nancy Pelosi, who has a much more ambitious plan for Medicare to negotiate prices for the costliest drugs, not just insulin. Pelosi would use expected savings to provide vision, dental and hearing coverage for older adults. Most Republicans oppose that approach as an expansion of government price-setting.

Verma, head of the Centers for Medicare and Medicaid Services, said 1,750 insurance plans that offer drug coverage to Medicare recipients have agreed to provide insulin for a maximum copay of $35 a month next year. It will be available through “enhanced” plans that may cost more per month but offer additional benefits such as reduced cost-sharing on certain drugs. The cap on copays is expected to lead to a small increase in premiums.

Medicare's prescription drug benefit is offered by private insurers, either as a stand-alone “Part D” drug plan added to traditional Medicare, or as part of a managed care plan under Medicare Advantage. The taxpayer-subsidized private plans are closely regulated by the government, but by law Medicare is barred from negotiating drug prices — something Democrats including presidential candidate Joe Biden want to change.

 

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There are other costs for diabetics and if people are prediabetic trying to control their blood sugar, strips, Lancets, and medication get expensive. Many people have lost jobs and their insurance. Some have high deductibles. Many are paying for items not covered out of pocket.

'They're' getting EXTREMELY desperate...DonTheCon PutinsPuppet VoteBlueToSaveAmerica2020

Next year Trump won't be there.

He wants to take Biden’s voters by attacking him from the left

Insulin should just become free. LIKE MY BERNIE PRAYED AND FOUGHT FOR US!

Я вам не верю

Next year? He was promising better health care since 2015! He is a liar! Don’t fall for the continued con! CriminalInChief

Классно

Just like the middle-class tax cut in 2018 he promised. More lies to the American people. He literally CHOSE TO LET US DIE and I will never understand how he's still in office. Our country is broken and he's the deadly cancer destroying it.

What does' most' mean?

My guess is that this won’t make much of a difference. Most older people are Type 2 diabetics who use oral medication to control their diabetes. How about those of us who are asked to pay $800 for a one-month supply?!?

ABC IT KILLS YOU TO POST HOW OUR POTUS IS HELPING PEOPLE LOL ABCISTHEENEMY

I stopped believing anything I was reading after The Trump administration says

This is good news, yet people with TDS still bash the President simply because Orange Man Bad. Lol.

Dude... Insulin costs about 2 and a half bucks to make per month and that rounding up.

What about everybody else who is insulin dependent? Diabetes doesn’t weed out based on age or heath care plan. Nobody should be left out of the co-pay cap for insulin. It should be affordable for everyone.

Typical Trump lie.

What’s the catch

Smellls like desperation

American supremacy is actually an upgraded version of white supremacy. In Trump's government's eyes, black people are nothing but animals that are slaughtered. They even lost their instinct to resist

What about all the young insulin users?

Why wait until 2 am to tweet this? The news has been out all day

Dems-101 We’re fighting to protect every voter’s right to have their voice heard by eliminating the barriers to the ballot box. We need: Anyone but Trump Vote-by-mail Adequate polling locations, anyone but Trump Expanded early voting, Anyone but Trump

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White House announces plan to cap insulin costs at $35 a month for senior Medicare enrolleesMost senior Medicare recipients will be able to get prescription plans that cap copay costs for insulin, allowing them access to various types of insulins at no more than a $35 copay for a month's supply, the White House announced during a call with reporters on Tuesday. Its free in Sweden. Old law from the 1970's. Illegal to chargd for it. Insulin is actually no good for any of us, I understand it's what they have been giving the public, There's a friend of mine who's slowly switching to Victoza only , Dr said Insulin is doing more harm than good right now , Probably why they are lowering the cost just a hunch After years of fighting this battle only Trump thinks he can get it done. I'd be interested on where the money comes from to support this initiative? Do you really think pharma wants to cover the costs?
Source: cnnbrk - 🏆 393. / 55 Read more »

White House announces plan to cap insulin costs at $35 a month for senior Medicare enrolleesMost senior Medicare recipients will be able to get prescription plans that cap copay costs for insulin, allowing them access to various types of insulins at no more than a $35 copay for a month's supply, the White House announced during a call with reporters on Tuesday. Its free in Sweden. Old law from the 1970's. Illegal to chargd for it. Insulin is actually no good for any of us, I understand it's what they have been giving the public, There's a friend of mine who's slowly switching to Victoza only , Dr said Insulin is doing more harm than good right now , Probably why they are lowering the cost just a hunch After years of fighting this battle only Trump thinks he can get it done. I'd be interested on where the money comes from to support this initiative? Do you really think pharma wants to cover the costs?
Source: cnnbrk - 🏆 393. / 55 Read more »

Trump announces reduced cost of insulin for diabetic seniors on MedicarePresident Trump announced an agreement to slash out of pocket costs of insulin for Medicare recipients, capping costs at $35 per month, with some plans offering it for free. HE LIES! Why not for everybody? It cost pennies to make So will Trump start taking insulin now because he thinks its good idea? StableGenius 😂😂
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Trump Unveils Plan To Cap Insulin Costs For Seniors, Takes Jabs At BidenSome polls show Trump's support slipping among seniors. His new plan will help diabetic seniors limit insulin costs to $35 per month, starting next year. I.e. only for seniors & only for seniors eligible for & enrolled in Medicare How many people who need insulin daily to survive are not eligible ? Why is this such a limited “pilot”? Socialism to the rescue! Thank you Big Government! What’s the catch?
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Trump appeals to seniors with insulin price cap planPresident Donald Trump announced a plan Tuesday he says will drastically reduce the price of insulin for people on Medicare -- relief he tied directly to his own political prospects, saying he hoped 'the seniors are going to remember it.' Do not trust anything coming out of the trump WH. Thanks President Trump
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