President Trump on Tuesday will announce a prescription plan drastically reducing the cost of insulin for American seniors who rely on Medicare.
The deal struck with the nation’s insulin manufacturers and health care providers will limit the co-pay for a month’s supply of insulin to $35 — a 66 percent reduction to current costs, White House counselor Kellyanne Conway said.
The initiative will apply to the 1 in 3 Medicare enrollees who have diabetes, which is approximately 3 million people.
The announcement comes on the heels of hearings into the rising cost of insulin in the United States, with one diabetic groom-to-be dying in 2019 after switching to a cheaper version to help pay for his wedding.
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https://nypost.com/2020/05/26/trump-cuts-cost-of-insulin-for-medicare-enrollees-to-35-a-month/
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