“This was an unexpected victory in a long fight against an illegal cartel of three corporations who have raised their insulin prices in lockstep.”

The Biden Administration pleasantly stunned health care reform advocates Tuesday by including short-acting insulin in its list of 10 drugs for which Medicare will negotiate lower prices, power vested in the White House by the Inflation Reduction Act.

The IRA was passed in the face of one of the heftiest barrages of lobbying in congressional history, with the pharmaceutical industry spending more than $700 million over 2021 and 2022 — several times more than the second- and third-ranking industries — much of it aimed at stopping the legislation, watering it down, or undermining its implementation.

  • AllonzeeLV@lemmy.world
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    1 year ago

    When your reaction to poor, sick human beings getting the medicine they need without losing everything else in their lives is disappointment, you’re a bad person.

    Fuck market capitalism and the sociopaths it creates.

    Edit: and of course they’re actively suing from their steel towers for the right to continue to gouge sick, poor people deeper into poverty. What a humane economic system, amirite?

    • DoomBot5@lemmy.world
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      1 year ago

      Watching the anime called “The Great Cleric”. It’s pretty accurately describes this in a fantasy setting.