Chairman Scott Statement on House Passage of Bill to Lower Insulin Costs
WASHINGTON – Chairman Robert C. “Bobby” Scott (VA-03) released the following statement after the House passed H.R. 6833, the Affordable Insulin Now Act.
“Today, the House took a critical step to ensure that Americans can get the affordable insulin they need. For people across the country, access to insulin can mean the difference between life and death. Yet, our nation’s consumers continue to face skyrocketing insulin costs. In just five years, the average retail price of insulin rose by more than 50 percent, leaving Americans to pay more than 10 times the price of insulin in similar, high-income countries. These excessive costs have real consequences on the lives and livelihoods of our constituents.
“The Affordable Insulin Now Act will cap out-of-pocket insurance costs for insulin users at $35 per month – slashing the average cost for patients nearly in half. This is a critical part of House Democrats’ efforts to lower the cost of prescription drugs, and I will continue working with my colleagues in both chambers to ensure that no one is forced to choose between making ends meet and accessing lifesaving medication.”
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