Biden administration adds insulin to drug price negotiation list in major blow to big pharma

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Biden Administration Adds Insulin to Drug Price Negotiation List in Major Blow to Big Pharma
theintercept.com

“This was an unexpected victory in a long fight against an illegal cartel of three corporations who have raised their insulin prices in lockstep.”

The Biden Administration pleasantly stunned health care reform advocates Tuesday by including short-acting insulin in its list of 10 drugs for which Medicare will negotiate lower prices, power vested in the White House by the Inflation Reduction Act.

The IRA was passed in the face of one of the heftiest barrages of lobbying in congressional history, with the pharmaceutical industry spending more than $700 million over 2021 and 2022 — several times more than the second- and third-ranking industries — much of it aimed at stopping the legislation, watering it down, or undermining its implementation.

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When your reaction to poor, sick human beings getting the medicine they need without losing everything else in their lives is disappointment, you're a bad person.

Fuck market capitalism and the sociopaths it creates.

Edit: and of course they're actively suing from their steel towers for the right to continue to gouge sick, poor people deeper into poverty. What a humane economic system, amirite?

Both parties have let them do just that for 43 years. Of course they're gonna sue. Honestly wouldn't be surprised if a lawsuit becomes an excuse for Democrats to throw out exceedingly beneficial legislation like this.

They don't let them do it, both parties are fully in the tank for the owners.

Americans mistake are going after our politician middle managers in Washington. Our oppressors operate out of Wall Street. The RNC and the DNC don't promote you to federal level races unless you've proven to be a good "fundraiser" aka bribe taker, making the only potentially not purchased Congress people spoilers that jumped the line and succeeded like AOC.

Our system, imho is fucked beyond any hope of repair.

Either Collapse or revolution is inevitable though Collapse is far more likely as we're a cowardly people.

That’s exactly what’s going to happen. This is being done so that Biden has something to talk about during his campaign stops. Very typical politician behavior. And completely insincere.

Biden Admin til now

  • 27% of campaign promises kept so far.
  • 5% comprised on.
  • 1% broken.
  • 31% stalled.
  • 34% in the works.

Source

Previous Admin

  • 23% of campaign promises kept.
  • 22% comprised on.

Source

So far the “something to talk about” has been better than the last admin though.

I find you're inclusion of your sources to be quite... Attractive.

Having single digit compromised/broken is (sadly) actually pretty impressive.

I always expect the other shoe to drop whenever Democrats pretend to be progressive.

Watching the anime called "The Great Cleric". It's pretty accurately describes this in a fantasy setting.