News

Chuck Grassley Blocks Effort To Cap Insulin Prices For Many Iowans

In a country where insulin costs an average of almost $99, Sen. Chuck Grassley voted against a piece of legislation that would cap the price of insulin at $35 a month for those who have private insurance. Grassleyโ€™s voteโ€”along with the majority of his Republican colleaguesโ€”meant the language wasnโ€™t included in the broader Inflation Reduction…


In a country where insulin costs an average of almost $99, Sen. Chuck Grassley voted against a piece of legislation that would cap the price of insulin at $35 a month for those who have private insurance.

Grassleyโ€™s voteโ€”along with the majority of his Republican colleaguesโ€”meant the language wasnโ€™t included in the broader Inflation Reduction Act, which passed the Senate along party lines on Sunday.

The bill still includes the $35 price cap for Medicare patients, but Senate rulesโ€”and 43 Republicans refusing to bypass themโ€”blocked the private insurance cap.

More than 230,000 Iowans have diabetes and rely on insulin for their health. Because of the high costs, many people ration their insulin by taking less than is required to try to make it last longer. Rationing can have severe health effects though, such as diabetic ketoacidosis which happens when a personโ€™s blood sugar is too high, and can lead to death.

[inline-ad id=”0″]

Others seriously consider traveling to Canada to get cheaper insulin. According toย a 2020 report, the average price of insulin in Canada is $12 according to information from 2018.

Grassley’s vote doesnโ€™t line up with what he’s said in the past, either. For a long time, heโ€™s said insulin prices are too high and has advocated for drug price reforms. Heโ€™s worked on legislation for it, the Prescription Drug Pricing Reduction Act, alongside Democratic Sen. Ron Wyden (D-OR), which would change the way drug pricing works under Medicare and Medicaid.

That includes insulin prices.

In 2019, Grassley co-wrote an opinion piece for the Washington Times criticizing the way prescription drug pricing works.

[inline-ad id=”1″]

Because of the broader Inflation Reduction Act, Grassley said he couldnโ€™t vote for the price cap to be included, and he insisted on the floor that the chamber take up his bill instead, which he said was a better option.

โ€œThis is a reckless tax and spending bill,โ€ he said. โ€œI oppose the partisan bill because itโ€™s a long list of reckless tax increases and spending.โ€

Grassley did vote for a Republican-proposed amendment to discount insulin, but it was rejected by Democrats because they said it doesnโ€™t go far enough.

[inline-ad id=”3″]

Seven Republicansโ€”who also voted for the Republican amendmentโ€”still joined Democrats to vote for the $35 price cap for private insurers, bringing the total to 57, just short of the necessary 60 votes.

โ€œSen. Grassley can talk all he wants about lowering drug prices, but what he actually does in Washingtonโ€”from writing the bill to ban Medicare from negotiating for lower prices to now voting against capping the cost of insulin at $35 a monthโ€”shows that what he actually cares about is protecting the profits of his drug industry donors,โ€ said Julie Stauch, the campaign manager for Michael Franken, who is running against Grassley.

Sen. Joni Ernst, who is not up for reelection this year, also voted against the $35 insulin price cap.

The Inflation Reduction Act includes several measures to reduce prescription drug prices, tackle climate change by investing in the infrastructure necessary to support clean energy, and increase corporate taxes.

With the Inflation Reduction Act through the Senate, it now moves to the House of Representatives where it’s expected to pass, and the vote is expected to take place later this week.

 

Nikoel Hytrek
08/08/22

Have a story idea or something I should know? Email me at nikoel@new.iowastartingline.com. You can also DM me on Twitter atย @n_hytrek.ย 

Iowa Starting Line is part of an independent news network and focuses on how state and national decisions impact Iowansโ€™ daily lives. We rely onย your financial supportย to keep our stories free for all to read. You canย contribute to us here. Also follow us onย Facebookย andย Twitter.

[inline-ad id=”0″]