US House approves bill setting strict cap on insulin costs ...Middle East

WASHINGTON: The high cost of insulin to treat diabetes would be drastically reduced under legislation the U.S. House of Representatives passed on Thursday, in a rare example of drug price reform gaining traction in Congress.By a vote of 232-193, with few Republicans supporting the measure, the House approved the bill that would cap patients’ out-of-pocket costs at $35 a month for their insulin.Currently, monthly supplies of the life-sustaining medicine average around $375 and can go as high as $1,000, causing some people to skip needed doses.“No one should have to ration their insulin to help reduce costs and risk their health and in some cases actually cost them their lives,“ said Democrati

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US House approves bill setting strict cap on insulin costs ...Middle East

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