Quote Originally Posted by OxArt View Post
I haven't read the bill, but in the OP's post you guys are missing the obvious.
. That doesn't sound like it price fixes insulin.

You want to know the net effect of this? Pharma jacks prices up because they get guaranteed payment. It's why Pharma bro jacked up the epi pen cost. Insurance is obligated to pay it, they get rich, insurance spreads the cost around everyone, which is part of why we all pay 200 to 300% more for insurance in the last five years. If the quotation is correct, this won't have any effect at all on supply to diabetics, only to our continually skyrocketing premiums. Just wait though, they have a solution for that too.
Yup, then they'll just pass a law that caps the cost of health insurance!

Once you start down the path of Venezuela economics there is no return because the voters demand more even the point of weekly chicken beak broth rations.

This is why it should be a strong warning to those who need meds because the market will respond, we just won't like how it responds.