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TopicGavin Newsom vetoes bill aimed at capping prices on insulin
MICHALECOLE
10/08/23 5:03:01 PM
#22:


Newsom, a Democrat, said earlier this year that California would soon start making its own brand of insulin. The state has a $50 million contract with the nonprofit pharmaceutical company Civica Rx to manufacture the insulin under the brand CalRx. The state would sell a 10 milliliter vial of insulin for $30.
With CalRx, we are getting at the underlying cost, which is the true sustainable solution to high-cost pharmaceuticals, Newsom wrote in a message explaining why he vetoed the bill on Saturday. With copay caps however, the long-term costs are still passed down to consumers through higher premiums from health plans.

seems reasonable

sucks for the people dealing with it right this moment, but in the long run seems like the better option
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