GOP Votes Down Plan to Cap Insulin Prices at $35 in Win for Big Pharma

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GOP Votes Down Plan to Cap Insulin Prices at $35 in Win for Big Pharma
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Senate Republicans killed Democrats’ plan to cap monthly insulin prices at $35 for millions of Americans with health insurance who rely on the medication to survive.

when the parliamentarian rejected a provision to raise the federal minimum wage to $15 last year.

Republicans had campaigned to get the insulin provision and other proposals to bring down the price of certain drugs for Medicare struck from the bill,powerful pharmaceutical lobbyists to bring their argument against the proposals to the parliamentarian.

Insulin prices are sky-high in the U.S., with little to no regulations on prices that insurance companies and pharmaceutical companies can charge for the medication, which is required daily forMany of the Senate’s most powerful Republicans voted against the provision, including Senate Minority Leader Mitch McConnell . Among those who joined all Democrats in voting for the measure were Senators Susan Collins and Lisa Murkowski .

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