I guess Biden cares more…?

I guess Biden cares more…?

Price capping is a very Venezuelan thing to do. Very much against the free market... rather than cap the price, they should be encouraging cheaper production, healthy competition or breaking up of a monopoly if that is the problem.
Insulin isn't trademarked so any one can make it and nothing like a little healthy competition to lower prices should be in order.
Want to start up a business, make it and sell for half the cost of what big pharma is to undercut them.
There is likely going to be unintended side effects, the companies making the insulin may find it less profitable and simply stop making it or move it lower on their priority list. Capping it may also cause other people/investors to not want to start a business to produce it, now that their profits are capped. It would be years to get a return on their investment.
Another diabetic drug, was back ordered last year for a couple of months. Why? because it has a lower profit margin than other drugs and was moved down the list for 8 weeks.
They bump more profitable drugs to production first to make higher profits and they'll still make insulin but only to keep employees working when more profitable drugs are fully stocked and ready to go.
They won't make insulin while something with a high profit margin is back ordered.
Law of unintended side effects, price capping, often has issues that may or may not result in the long term.
I hope that we don't see a Insulin shortage or back ordered a result.
I did some research on this, it isn't technically a price cap on the free market. Instead it is only for those on those with Medicare which means likely the government is paying more and profits aren't dropping. Co-pays are 35 a month for anyone on Medicare. Thus the program picks up the difference.
Although Eli Lilly doing the same without being forced too, could trigger prices to drop across the board now. Healthy free market competition coming our way. This applies to those with insurance though.
" rather than cap the price, they should be encouraging cheaper production". In 2022, the approximate cost to manufacture a 10ml vial of insulin cost between $2 and $10, yet patients who needed it to live were paying upwards of $350 a month.
"Want to start up a business, make it and sell for half the cost of what big pharma is to undercut them." Uh huh. And make sure Eli Lilly, Novo and Sanofi don't get a whiff of it because they would never do something so make sure a new competitor enters the market, would they?
@loveslongnails That can't legally stop a new business entering it. What they going to do, hire assassins'? To kill you or kidnap your family until you give into their demands.
What planet do you live on -- the one where corporate giants are clean, trustworthy, and just, or do you live on Earth? You say "hire assassins" as if that has never happened, or would or could, because omg, it's just unthinkable in a free market system !!! You think people don't mysteriously disappear, or companies don't make it to market when they have a better idea? That's incredibly naïve.
@loveslongnails I live in reality, not some fantasy land of no evidence. Where is your evidence that big pharma has done it before, who has gone to prison for it? I want to see conviction records and sentences... if you don't have that, your full of shit, as usual stating some imaginary thing that doesn't happen.
Not just evidence of it before but evidence, that it will happen again beyond just a feeling.
Where I live, EVERY SINGLE new business that has a good product, makes it successfully. Maybe its cause everyone has a gun, open carries and no permit needed to conceal carry so if someone tries to do anything, they get killed.
The ones that fail, fail due to lack of sales or poor management.
You must live in a crime infested liberal hellhole then.
@loveslongnails Try taking a dump, cause right now you are so full of shit, it is oozing out of your mouth, your literally eating shit. Saying that big corporations are like the mob. When is the last time Walmart ordered a hit on a mom and pop trying to compete against them? and why haven't the liberal fucktards passed laws against that? Why don't they take down the mob... oh right.
CAUSE IT ISN'T HAPPENING you stupid fucktard.
@Alessa13 I know, he is a fool and I lost it with him... best to just start blocking idiots, lest I become one too. One who argues with a idiot becomes one.,
Now OddBeMe is one of the more reasonable and better liberals here.
Nothing, other than I lost it with loveslongnails as he has a way of rubbing me wrong and getting under my skin, unlike you. You are great at doing things without intentionally trying to piss someone off.
My apologizes to him though, I should not of lost it with him.
Because it would cut into big pharma’s profits and therefore their stock prices. Since republicans have stock and donations from the big pharmaceutical companies it’s in their best interest to keep it an open market. If they can make it for say $5 a dose and capping it at $35 then there’s only $30 profit. But if they can sell it for $65 then you can see where this is going.
The real question should be why but who. Most people profiting from this are white people. The largest group of people who have diabetes is the black community. https://www.webmd.com/diabetes/type-two-diabetes-race#091e9c5e8172d6f5-1-2
So really it’s another way for white people to profit off of black people. And don’t get me started on dialysis.
kill the white devil!
What else was in the bill? Both sides do this by the way it’s not only a democratic thing.
democrats and republicans will sent up a 3000 page bill with something radical in it people read the bill which may take all night and then vote against it because of some radical bullshit and the bill will get voted down and the other side will say “republicans don’t support X and so they don’t want (in this case capping insulin cost which may or not be a good thing I don't know I know some free market medical argument and the fact that since pretty much every country in the world get drugs made in America for cheap and so Americans do have to pay a higher price which might be a president case here) so there way more information about the entire bill I need in order to make a yes or no q answer.
this makes the case for my argument for single issue voting yes it takes forever but let’s vote on every single issue individually. Radom example (always joking about this). Require everyone to smoke 1 joint a day. Single issue voting obviously would be voted no I put it in a omni bus package even though I put in a provision, that is stupid, worthless and unconstitutional, because one party didn’t vote for the bill even though it also has capping insulin costs. I could accuse one party and wanting insurance cost high when there a stupid authoritarian measure that has nothing to do with drug costs
Not sure. This is price controls, what happens when there is a mess... like the 1970's. The whole thing is a govt made jacked up mess, so the question is really how you want to keep jacking it up.
Have they considered capping inflation, input costs and labor costs, and all the regulations and such? probably not... just make find the business that makes the stuff and limit the price. That limit should be via competition, so why aren't there companies engaging in this lucrative business... that is the question... as it would create jobs and lower costs.
I don't know, I'd favor capping it until they figured out how to fix the mess... because lives stuck on these drugs are at risk, including children. But just capping a price... not linked to inflation, is more screwed up.
Like most issues.. I'd fire the people in power and turn this over to our top 8th graders to solve.
The reason Insulin costs so much and why there is little to no competition is partially due to patent laws and partially because of federal regulation to approve new medicine. To put it bluntly, it would take a very large investment and time to form a competitor and your reward would be a fraction of the profits so its not really financially motivating for someone to compete with the already established players.
To put it bluntly, its a scenario where the competition based capitalist system simply fails and the simplest way to fix it is to have the government step in. Personally I would be in favor of the government investing and producing its own generic version of insulin specifically and artificially applying competition to the private companies to either innovate, become more efficient or die. It would resolve this better than a price cap would.
@Soteris that's a reasonable solution to break monopoly. Or, a bunch of people get together and build a company, produce the product and compete... capitalism. So what if they only make 1% profit... they solved the problem and can offer steep discounts. Want to invest? Thats the problem... greed rules in the hearts of mankind... so we put it on govt to take the risk and loss.
Sounds like the laws are not working to promote competition as noted below. I don't get it, just make the old drug...
The republicans need to offer a solution and not just say "no". Industry apparently made some changes under pressure.
time.com/.../
I like my idea: We're going to get a group of GAG investors together and build a company to compete and sell the product cheaply, profit is a secondary motive. It will adhere to all laws [which costs a lot of $], made in the USA and we will pay people well. Profit... I cannot guarantee, you could take a loss, but we will get this product out and lower the cost, goal, by 50%. We need investors, please list your name below and the amount you are willing to invest.
Name: _______________ Amount: _______________
Welcome to social capitalism investing. If you won't invest, then don't complain about the price. you can complain about the patent laws, and propose changes.
Its unreasonable to expect "a bunch of people" to get together and produce the product and compete without a financial motivation according to Capitalism, because that is the problem. Its not a financially smart move to bother unless they can magically make a large improvement in the process itself. There are far more profitable thing that they could be doing outside of losing a bunch of money on the small off-chance that they will make a small amount of profit decades in the future. That is also assuming that nothing else happens between now and then such as the established players lowering their costs and you will make a permanent loss forever.
If you want to change the patent laws and lower the standards for food and drugs then that is going to cause problems in all manners of places not to mention that the Republicans would never allow patent laws to be loosened and the Democrats would never allow a lowering of safety standards.
@Soteris I would think if people cared, they'd put a few dollars in. Otherwise, it's just confiscating others work and being lazy. That's a divider I see with many democats and republicans I personally know... the republicans start businesses and work hard to achieve, the others don't. Thus republicans don't like govt, and thus, the tension. The other option is black market, mexican cartels or home chemists cook up the stuff. can't be that complicated. no excuses if people made it in WWII in their home lab!
Caveat... keep an eye on your dog, pig, fish, or water buffalo...
https://en.wikipedia.org/wiki/Eva_Saxl
Plenty of people in this bunch with money to invest... to save their own lives: www.cdc.gov/.../diabetes-by-the-numbers.html
just make a "non profit"/co-op...
"starting small" does not matter. All it does is delay the point in which it is profitable and you are going to need at least 20 of you to just pay for the FDA fees if not more. Its also worth pointing out that if you start small then you will not effect the price since that requires industrial quantities.
As for why socialism is a good response in this specific case? Capitalism and Socialism has different things they are really good at, establishing a minimum standard that corporations has to clear such as quality, quantity and price is very easily achieved where as capitalism does not really have any tools that can do that outside of just hoping that the market will fix itself.. which it sometimes can't.
@Sevenpointfive Not sure what the laws surrounding monopolies are in USA, I just know that they are virtually no effect since USA is full of monopolies.
@lightbulb27 It is true, most people won't invest (nor would they want to) in a company with only 1% return, as they'd lose money due to inflation.
Love your form by the way, that is awesome.
Opinion
18Opinion
How much does the GOP take in campaign donations from the pharmaceutical companies? There’s your answer. It’s a bought and paid for policy position.
They’ll try to help common people in small ways but they won’t go too far. They like campaign cash too but the GOP makes no bones where their allegiance lies.
They don't like price controls in general. You could also argue that it violates federal law that's been in place 150 years. The government always thinks it's own laws don't apply to itself.
Also, as I understand it, it did not cap insulin prices. It capped out of pocket costs.
Price fixing simply leads to shortages.
What you don't pay in cash you pay in time, and time is not something people with diabetes can afford.
If you want to reduce prices you need to increase competition so that people actually do the hard work of solving the countless problems keeping that price high.
Making something less expensive is an innovative not legislative process.
I guess the same reason Biden reversed what Trump did to cap insulin cost in the first place.
I am hardcore Republican. We should cap insulin costs. We should also have generics capped too.
I think this position would be accepted by many Republicans in the base. Capitalism just hasn’t kept drug companies in line and I think that can be shown with some examples and the impact on families and even companies via healthcare benefit costs. Drug companies haven’t kept prices reasonable and there is no cause for that massive except greed.
i'm against it too. maybe when insulin becomes too expensive, people actually start eating healthy instead of continuing inject themself with insulin, just so they can continue to stuff their face with sugary crap till they finally die of diabetes anyway.
if you don't eat sugar, you don't need insulin. not even if you're diabetic.
Carbs turn to sugar, so you mean don't eat raw sugars or carbs. Keto diet essentially is what you are referring to.
@Aerissa_Jade pretty much. but even a type 2 diabetic can have "some" ammount of carbs/sugar without insulin
@whirled_up_girl Yes. Certain uneducated people think that sugar causes diabetes, and that drug company profits are more important than lives.
@genericname85 People who need insulin die without it.
You allow fast food on every street corner and say nothing but want to jump on companies who try and help those who partake in eating that crap.
Thanks for the citation. To say millions and millions of people who have diabetes all because of genetics is nonsense. Even if no one in the family has diabetes, you can still get it. Genes don't determine for sure, whether you'll get diabetes or not; they only influence the likelihood or the susceptibility to the disease. Diabetes is an insulin disease. You fuck with your insulin by eating carbs 5 times a day for 20 years you could get diabetes because your wore out your pancreas not because it's genetic.
@msc545 The pancreas pumps out more insulin to get blood sugar into cells. Over time, cells stop responding to all that insulin—they've become insulin resistant. The pancreas keeps making more insulin to try to make cells respond. Eventually, the pancreas can't keep up, and blood sugar keeps rising. The need for an insulin pump is now needed because the pancreas has now stopped producing insulin.
I digress. Ask anyone who wears a pump how it happened lol
@msc545 I don't use metformin or anything. I am on a strictly keto diet and only eat twice a day within a six hour window in order to keep my insulin low. As long as I can do that I have no issues but not exactly easy. No need for Trulicity unless you have high blood sugar... I don't eat sugar or processed carbs even though the liver does create some glucose around 4 am that will make it high when I wake up causing the "dawn effect" but after drinking lemon, ginger and tumeric tea it stays level almost all day. A1C varies between 5 and 7.
@msc545 Yes, and according to the Cleveland Clinic as well as other sources some scientists have disvocered genes that may make insuline resistance more or less likely. Over time insulin resistance can lead to prediabets or diabetes. my.clevelandclinic.org/.../22206-insulin-resistance
I have to say it makes sense, I have see some paitents come into the hospital that are younger, miminally overweight, and yet they have a high A1C of 7 or higher even when they are on multple diabetes medcations Then I'll see other patients who are obese, not always diabetics and or they'll have something like prediabetes that's managed with metformin and their chart will sometimes show they've been on metformin for many years with an A1C lower than 6. So it makes sense that genetics would be a major factor.
@whirled_up_girl If it's genetic then everyone is predisposed. can't' be a billion people on the planet with diabetes and they all be genetic unless everyone has the gene. Diabetes was rare back in the 40's and 50' until Dr. Kellogg came around shoving carbs down kids throats for breakfast. Standard diet was bacon and eggs for breakfast, salad for lunch and chicken, potatoes and green beans for dinner. 3 meals a day. Diagnosed diabetes increased from 0.93% in 1958 to 7.40% in 2015. In 2015, 23.4 million people had diagnosed diabetes, compared to only 1.6 million in 1958. Can't be our food can it? lol
@coachTanthony it is a little different than what you think. A lot of people have the genetics for it. It takes both that genetic marker AND probably a virus or toxin exposure to actually become diabetic.
Just because you can get some diabetic control with a diet and exercise does not mean that a lack of these things *causes* diabetes. I understand that this is a complicated condition with a lot of unknowns relative to etiology but deciding that a change in diet and an increase in the population rate of diabetes are somehow causally related is simply mistaking correlation for causation. There are multiple intervening variables that make your conclusion incorrect.
@coachTanthony Well as the above citation mentions genetics is one factor, there are other acquired factors, (reversible) like lifestyle and other non acquired factors (non reversible) that can play a role. Though insulin resistance is something is more individual and the above citation points out that scientists have discovered genes that make insulin resistance more or less likely. With many health issues, coronary arterly disease, high cholestoral, certain cancers there is going to be a genetic compenent that makes the chances of acquiring that health problems greater for some and less for others. I think what is frustrating though for people who have certain chronic illnesses is this idea like type II diabetes that it's completly self inflicted when many times there is a genetic compenent.
@msc545 Yeah but you are saying it has to be genetic to get it... If you don't have the genetics then you can't get it which I don't believe unless everyone has it. 206 million people living with diabetes all genetic? I don't think the research is done. I think they will find sooner or later that we all have it just like many other genes and those genes can get corrupted like many others do for those diseases. Just my thoughts lol
So yes, sort of. It is possible that a virus or toxin can modify protein expression but it is unlikely that anything can modify a gene directly without killing you. Epigenetic changes affect gene expression to turn genes “on” and “off" but food does not do this.
Why is it important to you that food causes diabetes? You have defended this idea quite vigorously in the face of a lot of medical and scientific evidence to the contrary. I am puzzled.
@whirled_up_girl Problem is doctors will say hey it's genetic not your fault here is some metformin make sure you take this before you eat them cookies. That is the sad part.
@msc545 We all had a restrictive diet at one point in history until processed food was introduced. You act as if people can make a bunch of BS food to sell to us and that our bodies should just be able to handle it and if not let's give them a pill because it's not the poison that is ingested it's just genetics. lol
@coachTanthony There could be doctors that do that, throw a medication at someone rather than encourage any lifestyle changes but many of the doctors I know and have worked with have encourage both things, lifestyle changes and if that is not working medication to prevent further complications that can be devestating. It's similar with say cholesteral that can also have a strong genetic component. I know some people in their 40 or 50 that have high cholestoral, they also excercise and have a specific diet to lower it, which sometimes works. Other people try those lifestyle changes and it doesn't lower it that much or enough so they also have to take a statin medication to lower it.
@msc545 No because I have already messed up the ability for my insulin to function properly. Now before if I had done this diet I know I wouldn’t of gotten diabetes. The amount of insulin needed to process protein and fat is minimal which would of kept my pancreas in normal function. I think for most this is the case. Cave man days we ate once every few days. We were never meant to eat 5 times a day not to mention the crap that ingest. 200 million type two diabetics most obese not by over eating apples.
I still make insulin. it’s just not enough if I was consuming a typical American diet of processed food and fast food. So many Americans go in metformin or stick needles in there body so they can keep making poor decisions. Obviously not all but I would say we have given people the ability to kill themselves under the guise of medical intervention.
@mac545 yes C peptide tests
Why did Democrats force mRNA "vaccines" on citizens or they feared losing their jobs?
Why did Republicans lower prescription prices overall during the Trump administration?
Why did Republicans pass Right To Try legislation?

They halt progress on absolutely everything.
Yeah it will be interesting to see what happens now that Eli Lily is capping their insulin brand at 35 dollars a month.
You mean this executive order that biden revoked?
www.govinfo.gov/.../DCPD-202000539.pdf
Because they love pricing people out of healthcare and vital medicine because "it benefits a capitalistic society."
The government works with big pharma to keep these prices high on purpose.
There is probably some bullshit pork in the bill that the Republicans didn't like and also they are part of the deep state so they will do as the deep state does.
Republicans always choose corporate profits over personal health needs. It is part of their odious economic ideology. They have no respect for life as evidenced by the wars they keep starting - also for profit.
Because of the corrupt amendments to the bill. They use a seemingly beneficent bill to force all their evil garbage into law and then blame Republicans if it doesn't pass.
Because they think that raking in the profits drives innovation even though when you're talking about goods with an inelastic demand, is only drives exploitation.
Because a democrat proposed it. A democrat could propose something that would make the GOP win every election and they'd still vote against it because of the person who proposed it.
Was it a single issue bill?
If not, you could say they voted against something
more single issue bills will get things done faster
Single issue bill 🤣🤣🤣🤣🤣
Price fixing is how you get less things that are poorer quality. Just ask Russia how that worked out for them.
We're going to war because of the moron and chief. Nice try.
Tell Biden to stop sending Ukraine money and help fund more insulin.
It is very clear you don't actually care about insulin costs. Try harder next time please.
Big pharma pays big money.
Be real. Was never an option
Both parties work together putting forth bills neither want for political purposes. A lot of horse changing.
It takes bipartisan to make a bill happen. Both parties prefer to maintain the status quo. Two thirds of Congress receive donations from big pharma, you really think the democrats ever intended for this bill to pass?
You can also add your opinion below!