The insulin bill was originally part of President Joe Biden’s "Build Back Better" agenda that sought to reduce prices for many prescription drugs. Insurance companies would have to pay a larger part of the cost, the Times said. The New York Times reported that the bill would help consumers but would not reduce the amounts paid to companies that make insulin. Republicans in the House and Senate have generally opposed the insulin bill because it could raise insurance premiums for consumers and costs for insurers, ABC News said. The cost of insulin for patients with insurance ranges from $334 to $1,000 a month, ABC News said, citing the Kaiser Family Foundation. If the bill is signed into law, about 1 in 5 Americans who have large employer coverage and are taking insulin would save money, the Kaiser Family Foundation says. The bill now moves to the Senate, where it would need some Republican support to pass. The Affordable Insulin Now Act was approved 232-193 on Thursday, with 12 Republicans joining Democrats in voting for the bill, ABC News reported. Ap– The House of Representatives has passed a bill that would limit the cost of insulin to $35 per month for Americans with health insurance.
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