Two bipartisan pairs of senators are pitching competing insulin price cap measures as Senate Democratic leadership organizes a larger drug pricing legislation.
On one side are Sens. Susan Collins and Jeanne Shaheen . The New England senators have co-chaired the Senate Diabetes Caucus, which Collins founded in 1997, for more than 12 years. The INSULIN Act would cap the monthly cost at $35 and require pharmacy benefit managers to pass 100% of rebates from manufacturers to insurance plans.They first introduced the bill last June but failed to advance it to the floor before the end of the 117th Congress.
Asked about that, Kennedy told the Washington Examiner that his primary concern was finding “complete pay-fors.” Warnock has expressed confidence that his and Kennedy’s bill will reach the Senate floor, including to the Washington Examiner.
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