Biden administration freezes Trump’s directive to lower insulin prices

In his first days in office, President Joe Biden went on a blitz of reversing or halting policies implemented by former President Donald Trump. Included in the flurry of executive orders and directives, the Biden administration paused a measure that was designed to decrease the price of insulin.

Trump signed off on the “Access to Affordable Life-Saving Medications” rule on Dec. 23, 2020. The rule was to enable “improved access to these life-saving medications by low-income individuals who do not have access to affordable insulin and injectable epinephrine due to either lack of insurance or high cost sharing requirements.”

The rule was set to go into effect on Jan. 22, 2021, but it was shot down by the Biden administration. On Wednesday, the Department of Health and Human Services announced that the directive would be frozen for 60 days.

“The temporary delay in the effective date of this final rule is necessary to give Department officials the opportunity for further review and consideration of new regulations, consistent with the memorandum of January 20, 2021, from the Assistant to the President and Chief of Staff, entitled ‘Regulatory Freeze Pending Review,'” the HHS said.

White House chief of staff Ron Klain sent out a memo on Wednesday that directed agencies to freeze all of Trump’s last-minute or “midnight regulations.” The action to freeze Trump’s last regulations will “give the incoming Administration an opportunity to review any regulations that the Trump Administration tried to finalize in its last days,” according to the Biden administration.

The directive that orders certain health centers to pass discounts they get on insulin and epinephrine directly to their patients will be frozen until March 22.

As of 2020, “34.2 million Americans — just over 1 in 10 — have diabetes, and another 88 million American adults—approximately 1 in 3—have prediabetes,” according to the Centers for Disease Control and Prevention.

“In 2016, the U.S. Centers for Medicare & Medicaid Services (CMS) estimated that Medicare spent $42 billion more for beneficiaries over age 65 with type 2 diabetes than for those who do not have the disease,” the CDC stated.

The Kaiser Family Foundation, a nonprofit organization focusing on national health issues, reported that the “average total Medicare Part D spending per user on insulin products increased by 358% between 2007 and 2016, from $862 to $3,949.”

As far as insulin sales in the United States, there are the “big three” pharmaceutical giants: Eli Lilly and Company, Sanofi, and Novo Nordisk.

A report from the offices of Sens. Chuck Grassley (R-Iowa) and Ron Wyden (D-Ore.), leaders of the Senate Finance Committee, investigated the soaring insulin prices, and found a “broken” system to blame.

“This investigation makes clear that consumers are the only ones losing out in America’s broken drug pricing system, since every part of the pharmaceutical supply chain benefits from higher list prices,” Wyden said in a statement.

Novo Nordisk and Sanofi reportedly engaged in a “cat-and-mouse strategy of pricing,” where the pharmaceutical companies would match or increase prices any time the competitor raised its prices.

12 thoughts on “Biden administration freezes Trump’s directive to lower insulin prices

  1. I am very extremely upset with this issue. I am on insulin, and already in the first month Biden has caused trouble.
    I was concerned about my insulin prices. This is a grave mistake on your part. I am 76 years old. I am on limited income. You are even older than me and get your meds for probably nothing. Are you on insulin.? You should think this through more cautiously.

    1. Michele, He’s probably beholden to Big Pharma via an under the Table agreement. He has done absolutely nothing “FOR” the people of the United States, but as with all Democratic Party Politicians they are more interested in being in bed with the illegals swarming into this country.

  2. some one needs to give biden a monkee brain transplant already screwing the american people that needs this to live dont u see it already lets give the drug co more so i can have a piece of the pie sorry to say the ones that actual did vote for him hope u not poor and one of the working class next he will being bring in oil from overseas and they will fill his pockets with money ur gas price will be 5.00 gal next he wants us all buy electric car we that voted for trump didnt count hes nothing but a corrupt ole man most the worst president in us history and he is not good enough to be called that

    1. Biden is thinking. He’s just signing what his handlers put in front of him. Closing the Keystone pipeline will raise the price of gasoline, make an oil spill more likely, and raise the cost of medical care.

  3. Another cruel move to punish Americans for wanting a better government though Trump. Their hate and jealousy will not let them do the right thing just because they wouldn’t. How long do they expect to be allowed to harm us? The Guard sure won’t protect them now. Biting the hands that feed them.

  4. To all you who voted for that puppet Biden and support the most crooked and rigged election in the history of the U.S. you are responsible for all these horrible acts being bestowed upon our Country by the self serving, unpatriotic, bias, socialist/communist, left wing, liberal, Trump hating democrat baby killers. Thanks for doing all you can to ruin our lives. and our country.

  5. The American people KNEW that Biden was going to do all of these terrible things but somehow he still managed to get more than enough ‘votes’ than President Trump! We also have to buy insulin and it is very expensive and about to go MUCH higher thanks to Biden. I wonder how much of a kickback they are going to get?

  6. This just proves how stupid and uncaring Bejing Biden and his CCP administration are.
    I have never hated anyone before, but I hate anyone that is a democrat and was stupid enough to vote for him. Oh by the that includes some of my family members.
    Sad part is, we the people of the USA got so used to politician blowing smoke up our butts.

  7. I know of a few friends who are going to have to cut back on either food or insulin when the prices go up, including ourselves! Thanks Joe, I hope your pieces of silver that you get for kickback are worth it but mostly I am thrilled that this Federal Judge stood up to you and said NO to your uncaring Excutive Order.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.