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The bill would have banned health plans and disability insurance policies from imposing any out-of-pocket expenses on insulin prescription drugs above $35 for a 30-day supply.
California has a $50m contract with the non-profit pharmaceutical company Civica Rx to manufacture the insulin under the brand CalRx.
“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.
State senator Scott Wiener, a Democrat from San Francisco who crafted the bill, called Newsom’s veto “a major setback that will keep tens of thousands of diabetic Californians trapped in the terrible choice between buying insulin and buying food”.
“This is a missed opportunity that will force them to wait months or years for relief from the skyrocketing costs of medical care when they could have had it immediately,” Wiener said in a news release.
In January, California attorney general Rob Bonta sued the companies that make and promote most of the nation’s insulin, accusing them of colluding to illegally increase the price.
CA is still going to be have it’s insurance programs for low income people. And instead of paying a greed company a bunch of our tax money for insulin people need to survive, CA will be paying ~$30 for it.
Yep, it will be free for California residents in need, and much cheaper for everyone else. Pharma corps have been running amok raising insulin costs insane amounts. California can make their own and provide it directly to residents for far less money than they spend buying it from the companies.
This wouldn’t have prevented CA from moving forward with their insulin, and would have helped diabetics in the meantime (or in case that plan falls through in the end).
He’s been vetoing anything remotely controversial, mostly on the progressive side as he tries to push more centrist for a presidential run, and it sucks.
It’s controversial because its a bad bill that’s easy to pick apart. Capping the copay is stupid. It does nothing for those without insurance. And for those with insurance, the insurers will just jack up other rates instead.
Another own-goal by Newsom, as he prepares for a presidential run in '28. First vetoing the anti-casteism bill, affordable housing bill, and now this, using weak justifications so as not to rock the boat.
This bill passing would not have prevented CA from making our own insulin, but it would have stopped companies from charging higher copays, and saved a lot of people a decent chunk of money each year until the CA insulin supply actually happens.
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Capping copays doesn’t help the uninsured. And who pays more than a $35 copay, it’s a shitty bill that doesn’t address the problem.
🤖 I’m a bot that provides automatic summaries for articles:
Click here to see the summary
The bill would have banned health plans and disability insurance policies from imposing any out-of-pocket expenses on insulin prescription drugs above $35 for a 30-day supply.
California has a $50m contract with the non-profit pharmaceutical company Civica Rx to manufacture the insulin under the brand CalRx.
“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.
State senator Scott Wiener, a Democrat from San Francisco who crafted the bill, called Newsom’s veto “a major setback that will keep tens of thousands of diabetic Californians trapped in the terrible choice between buying insulin and buying food”.
“This is a missed opportunity that will force them to wait months or years for relief from the skyrocketing costs of medical care when they could have had it immediately,” Wiener said in a news release.
In January, California attorney general Rob Bonta sued the companies that make and promote most of the nation’s insulin, accusing them of colluding to illegally increase the price.
Saved 41% of original text.
For anyone curious why one of the most progressive governors would do this…
It was a $35 cap on copays, not on the drug itself. Does not help the uninsured and the insured would just have higher rates instead.
CA is literally going to produce their own insulin, $30. No insurance, no bullshit.
$30 is still incredibly expensive for something that some people need just to survive.
A good step forward, but not a big one.
It’s actually huge.
CA is still going to be have it’s insurance programs for low income people. And instead of paying a greed company a bunch of our tax money for insulin people need to survive, CA will be paying ~$30 for it.
So the state will be providing the insulin to those who need it? That’s a great step if that’s the case
Yeah. Just CA won’t be buying some rich ass another mega-yacht in the process.
Then I misunderstood at first, that’s a fantastic decision.
Yep, it will be free for California residents in need, and much cheaper for everyone else. Pharma corps have been running amok raising insulin costs insane amounts. California can make their own and provide it directly to residents for far less money than they spend buying it from the companies.
This wouldn’t have prevented CA from moving forward with their insulin, and would have helped diabetics in the meantime (or in case that plan falls through in the end).
He’s been vetoing anything remotely controversial, mostly on the progressive side as he tries to push more centrist for a presidential run, and it sucks.
It’s controversial because its a bad bill that’s easy to pick apart. Capping the copay is stupid. It does nothing for those without insurance. And for those with insurance, the insurers will just jack up other rates instead.
Another own-goal by Newsom, as he prepares for a presidential run in '28. First vetoing the anti-casteism bill, affordable housing bill, and now this, using weak justifications so as not to rock the boat.
This bill passing would not have prevented CA from making our own insulin, but it would have stopped companies from charging higher copays, and saved a lot of people a decent chunk of money each year until the CA insulin supply actually happens.
companies would bill insurance more, causing rates to go up. It was a bad bill, get over it.
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