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Biden Dumps Trump Insulin Pricing Program, Cost of Life-Saving Medication About to Skyrocket

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Joe Biden has just announced that he intends to dump Donald Trump’s insulin user protection policy and now the costs of insulin will soar according to reports.

One of Trump’s goals was to make sure that insulin users did not have to pay through the nose for their life-saving medication. Now Biden wants to put the lives of poorer users in danger once again, HotAir reported.

Trump’s White House passed rules to prevent the costs of EpiPens to soar beyond the means of vulnerable people. It was a narrowly targeted policy named the 340B drug pricing program.

According to a federal description of the program:

The 340B Drug Pricing Program is a US federal government program created in 1992 that requires drug manufacturers to provide outpatient drugs to eligible health care organizations and covered entities at significantly reduced prices. The intent of the program is to allow covered entities to “stretch scarce federal resources as far as possible, reaching more eligible patients and providing more comprehensive services.” Maintaining services and lowering medication costs for patients is consistent with the purpose of the program, which is named for the section authorizing it in the Public Health Service Act.

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Despite that this program has bipartisan support, Biden now wants to dump it.

One group that loves the idea is Big Pharma which can once again begin soaking people on costs for the EpiPen.

But why Biden would ditch a program that has bipartisan support and helps people get medicines at a decent cost is anyone’s guess.

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About the Author:
Warner Todd Huston has been writing editorials and news since 2001 but started his writing career penning articles about U.S. history back in the early 1990s. Huston has appeared on Fox News, Fox Business Network, CNN, and several local Chicago News programs to discuss the issues of the day. Additionally, he is a regular guest on radio programs from coast to coast. Huston has also been a Breitbart News contributor since 2009. Warner works out of the Chicago area, a place he calls a "target rich environment" for political news.