California governor vetoes bill that would have set a $35 cap for insulin

Re:California governor vetoes bill that would have set a $35... by vlovich123 on Sunday October 08, 2023 @09:45PM (#37816098)

> the California governor, a Democrat, said earlier this year that the state would soon start making its own brand of insulin. California has a $50m contract with the non-profit pharmaceutical company Civica Rx to manufacture the insulin under the brand CalRx. The state would sell a 10-milliliter vial of insulin for $30.

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Re:California governor vetoes bill that would have set a $35... by langsoul-com on Sunday October 08, 2023 @09:53PM (#37816133)

Even then, if they were planning on selling it under the $35 limit. Why would they bother vetoing?

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Re:California governor vetoes bill that would have set a $35... by csa on Sunday October 08, 2023 @10:01PM (#37816189)

$35 would have been the cap on copay.

Costs over that are passed on to the consumer via higher premiums.

The CalRx is $30 total.

I think insulin specifically and medicines/drugs in general might be another area that CA leads the country in modeling how to manage prices and overall cost.

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Re:California governor vetoes bill that would have set a $35... by kevinventullo on Monday October 09, 2023 @02:16AM (#37817428)

So, it’s still under the $35 limit. Seems like that doesn’t answer the grandparent’s question.

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Re:California governor vetoes bill that would have set a $35... by kevin_thibedeau on Sunday October 08, 2023 @10:26PM (#37816329)

It's a bill created by big pharma to whitewash their image while changing nothing about their profiteering. We should not have these sort of laws on the books.

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Re:California governor vetoes bill that would have set a $35... by stouset on Sunday October 08, 2023 @09:55PM (#37816150)

Why put another law on the books when you believe it will be obviated by other measures?

One reason I can think of is that a law might be more politically "durable" than a contract with a third party to produce insulin. But on the whole I think I'd rather one less law.

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Re:California governor vetoes bill that would have set a $35... by minhazm on Sunday October 08, 2023 @10:03PM (#37816201)

The $35 is a cap on co-pay, not the actual cost paid out by insurance.

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Re:California governor vetoes bill that would have set a $35... by kevinventullo on Monday October 09, 2023 @02:14AM (#37817419)

I’m not sure I understand how this bill is incompatible with that plan.

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