Path 2
UNITED STATES - JUNE 25: Rep. Ted Budd, R-N.C., does a television news interview outside the Capitol before the vote on the George Floyd Justice in Policing Act of 2020 on Thursday, June 25, 2020. (Photo By Bill Clark/CQ Roll Call)

News Articles Press Releases Ted Budd Prescription Drugs Friday, Apr 1 2022

Ted Budd Votes To Keep Insulin Costs High

Apr 01, 2022

In case you missed it, U.S. House Republicans yesterday lined up against Democratic efforts to lower health care costs by capping the out-of-pocket cost of insulin — with North Carolina U.S. Senate candidate Ted Budd siding with health insurance corporations instead of the North Carolinians he’s supposed to represent.

Via NBC News

The House passed legislation Thursday that would cap the monthly cost of insulin at $35 for the millions of diabetic Americans who rely on the drug.

Lawmakers approved the measure in a 232-193 vote, with just a dozen Republicans joining Democrats in support. It now heads to the Senate.

Even though “37.3 million people in the U.S. have diabetes,” Budd was among the 193 House Republicans voting against capping the cost of insulin — following heavy lobbying from health insurance corporations eager to avoid shouldering those costs. 

Sadly, it’s not the first time Budd has sided with health insurance corporations and Big Pharma to help keep drug prices high. Last November, Budd voted against allowing Medicare to negotiate lower prescription drug prices. And Budd previously voted to gut Affordable Care Act coverage protections and let insurance companies charge higher premiums to older Americans and people with pre-existing health conditions.

###


Published: Apr 1, 2022 | Last Modified: Aug 29, 2022

Jump to Content