Health Land Corporation
  • Health News
  • Health Care
  • Staying Healthy
  • Beauty Advices
  • Health News
  • Health Care
  • Staying Healthy
  • Beauty Advices
No Result
View All Result
Health Land Corporation
No Result
View All Result
Home Health Care

What’s the difference between Trump, Biden actions on insulin prices?

by
August 15, 2024
in Health Care
0
What’s the difference between Trump, Biden actions on insulin prices?

Former President Trump has claimed he, and not President Biden or Vice President Harris, was responsible for capping the price of insulin at $35 a month. 

While the Trump administration implemented a temporary program under which some Medicare drug plans could voluntarily cap the cost of insulin, it was the Inflation Reduction Act (IRA) signed into law by Biden that barred such plans from charging above $35 a month. 

Here’s a breakdown of each administration’s action on the issue. 

What Trump has said

Trump took credit for capping the price of insulin at $35 a month earlier this week during a campaign speech in North Carolina.   

“Kamala and Joe tried to take credit for $35 insulin, you know who did that? I did that,” Trump said during a 75-minute speech at the Thomas Wolfe Auditorium in Asheville.  

Trump previously claimed responsibilityfor lowering the price of insulin for Medicare recipients in a post on his social media platform Truth Social in June, claiming Biden “had nothing to do with it.”  

“Low INSULIN PRICING was gotten for millions of Americans by me, and the Trump Administration, not by Crooked Joe Biden. He had NOTHING to do with it. It was all done long before he so sadly entered office. All he does is try to take credit for things done by others, in this case, ME!,” the post reads. 

What the Trump administration did

Trump’s comments both at his North Carolina rally and on Truth Social are false: The current cap on insulin prices was not put in place until after Biden entered office.   

The Trump administration did create a temporary program under which a subset of prescription drug plans could choose whether they wanted to cover some insulin products at no more than $35 a month.   

In 2020, the administration rolled out the Part D Senior Savings Model under the Center for Medicare and Medicaid Innovation.   

Under this model, Medicare Part D prescription drug plans could volunteer to cover “at least one of each dosage form of a type of insulin product” at no more than $35 a month, according to an analysis by health policy research group KFF.   

The model took effect in 2021 and lasted until 2023, with less than half of all Part D prescription drug plans participating each year, according to KFF.   

What the Biden administration has done

Biden signed the IRA, which included a cap on the price of insulin, into law in 2022 in one of the signature legislative victories of his administration.  

Under the law, all Medicare Part D prescription plans are barred from charging more than $35 a month out-of-pocket for all covered insulin products.   

Provisions under the IRA also limit cost sharing to $35 a month for insulin products covered by Medicare Plan B and bar deductibles from being applied to insulins under both Part D and Part B plans.   

Previous Post

Sweden reports first case of new mpox variant outside Africa

Next Post

American women have lowest life expectancy among high-income countries

Next Post
American women have lowest life expectancy among high-income countries

American women have lowest life expectancy among high-income countries

  • Trending
  • Comments
  • Latest
How to untangle ethics of psychedelics for therapeutic care

How to untangle ethics of psychedelics for therapeutic care

May 2, 2024
Novel therapy reduces depression in family caregivers

Novel therapy reduces depression in family caregivers

June 4, 2022
Planned Parenthood to spend $40m to boost Biden, Democrats ahead of November

Planned Parenthood to spend $40m to boost Biden, Democrats ahead of November

June 24, 2024
2 years in, 988 has answered 10 million calls, texts and chats

2 years in, 988 has answered 10 million calls, texts and chats

July 16, 2024
Teens with ‘addictive’ phone use more likely to be suicidal: Study

Teens with ‘addictive’ phone use more likely to be suicidal: Study

0
Chan School dean outlines ‘action agenda’ for global health

Chan School dean outlines ‘action agenda’ for global health

0
There are 5 easy steps to tame COVID-19, says Fauci

There are 5 easy steps to tame COVID-19, says Fauci

0
Infertility history linked with increased risk of heart failure

Infertility history linked with increased risk of heart failure

0
Teens with ‘addictive’ phone use more likely to be suicidal: Study

Teens with ‘addictive’ phone use more likely to be suicidal: Study

June 20, 2025
ChatGPT use linked to cognitive decline: MIT research

ChatGPT use linked to cognitive decline: MIT research

June 20, 2025
NIH launching long-term health studies of East Palestine train crash

NIH launching long-term health studies of East Palestine train crash

June 19, 2025
Alcohol linked to increased risk of pancreatic cancer: Study

Alcohol linked to increased risk of pancreatic cancer: Study

June 19, 2025

Enter Your Information Below To Receive Latest News And Articles

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time

    Recent News

    Teens with ‘addictive’ phone use more likely to be suicidal: Study

    Teens with ‘addictive’ phone use more likely to be suicidal: Study

    June 20, 2025
    ChatGPT use linked to cognitive decline: MIT research

    ChatGPT use linked to cognitive decline: MIT research

    June 20, 2025
    NIH launching long-term health studies of East Palestine train crash

    NIH launching long-term health studies of East Palestine train crash

    June 19, 2025
    Alcohol linked to increased risk of pancreatic cancer: Study

    Alcohol linked to increased risk of pancreatic cancer: Study

    June 19, 2025

    Recent News

    Teens with ‘addictive’ phone use more likely to be suicidal: Study

    Teens with ‘addictive’ phone use more likely to be suicidal: Study

    June 20, 2025
    ChatGPT use linked to cognitive decline: MIT research

    ChatGPT use linked to cognitive decline: MIT research

    June 20, 2025

    Popular News

    • Teens with ‘addictive’ phone use more likely to be suicidal: Study
    • ChatGPT use linked to cognitive decline: MIT research

    About Health Land Corporation

    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Copyright © 2024 Healthlandcorporation.com. All Rights Reserved.

    No Result
    View All Result
    • Health News
    • Health Care
    • Staying Healthy
    • Beauty Advices

    Copyright © 2024 Healthlandcorporation.com. All Rights Reserved.