U.S. Representative Tim Burchett (TN-02) issued the following statement criticizing House Democrats’ insulin price fixing scheme:
“Supporting government-mandated insulin prices won’t help the many House Democrats who are desperately trying to shed their socialist image. Capping the price of insulin does nothing to address the reasons why it is so expensive in the first place. Instead, this scam shifts costs to seniors and working Americans in the form of higher insurance premiums and increased prices for other prescription drugs.
“Democrats should prioritize working with Republicans to limit the role of greedy middlemen price negotiators and quickly bring new, less expensive insulin products to the market, which are just two of the ways H.R. 19, the Lower Costs, More Cures Act, would actually make insulin affordable. I encourage Speaker Pelosi to schedule this bipartisan legislation for a vote once she is serious about using commonsense free market principles to lower drug costs for all Americans.”
Source: https://burchett.house.gov/media/press-releases/burchett-opposes-government-insulin-price-fixing-scheme-raises-healthcare
