Governor Gavin Newsom announces California will make its own insulin

DMK · 2022-07-10T19:01:12.630Z

WuWei:

Why not? What’s the downside?

Reducing the price by a penny is still unaffordable to many that Newsome is trying to help.

FreeAndClear · 2022-07-10T19:08:45.333Z

Isn’t this a plan to look into something?

DMK · 2022-07-10T19:17:59.035Z

FreeAndClear:

Isn’t this a plan to look into something?

I’m not sure what you mean.

FreeAndClear · 2022-07-10T19:19:16.542Z

DMK:

FreeAndClear:

Isn’t this a plan to look into something?

I’m not sure what you mean.

DeSantis said he asked Simone Marstiller, Secretary of the Agency for Health Care Administration, to look into PBMs and help devise a way to ensure cost-saving measures will be put in place.

DMK · 2022-07-10T19:20:42.723Z

Look into and ensure.

Also, the ability to get prescriptions from Canada at a lower cost.

FreeAndClear · 2022-07-10T19:22:02.554Z

DMK:

FreeAndClear:

Isn’t this a plan to look into something?

I’m not sure what you mean.

“Governor, that Cali guy announcing a plan to allocate 100m to produce insulin to reduce costs to the consumer”

“Let’s announce something then but make it broader! Like all prescriptions”.

“Ok let’s announce we gonna look into it to make sure it looks like we are doing something”

Kabuki

FreeAndClear · 2022-07-10T19:22:41.420Z

DMK:

Look into and ensure.

Also, the ability to get prescriptions from Canada at a lower cost.

To look into so as to ensure. You added the and. It’s literally not his in quote

Yes to look into the prescriptions from Canada.

DMK · 2022-07-10T19:25:09.030Z

FreeAndClear:

“Governor, that Cali guy announcing a plan to allocate 100m to produce insulin to reduce costs to the consumer”

“Let’s announce something then but make it broader! Like all prescriptions”.

“Ok let’s announce we gonna look into it to make sure it looks like we are doing something”

Kabuki

I think they are two different plans to help reduce the costs of prescriptions.

Insulin has been around a very long time. I’m not sure why it is so expensive at this point. It would be good to know what the profit margins are. If Newsome can produce it for a fraction of what is currently being charged that is step in the right direction and I applaud him for that.

FreeAndClear · 2022-07-10T19:26:04.792Z

Well yes they are two different plans. One is allocating tax money to do something the other is a research project

It’s good on desantis to be taking such a step so let’s see where it actually goes

DMK · 2022-07-10T19:28:02.900Z

The governor also said he is looking into a provision in federal law that would allow states to purchase drugs from Canada and is working with federal agencies to activate that provision.

IS working with.

I can’t see where you take issue with this when it helps all people with the costs of prescriptions.

DMK · 2022-07-10T19:29:09.145Z

FreeAndClear:

Well yes they are two different plans. One is allocating tax money to do something the other is a research project

It’s good on desantis to be taking such a step so let’s see where it actually goes

Correct. One is to specifically target insulin. The other is to reduce the costs of all prescriptions.

Yes, we will see where it goes for both of them.

FreeAndClear · 2022-07-10T19:29:16.304Z

Yes he says he is working with the fda but they are not being responsive….

FreeAndClear · 2022-07-10T19:30:03.594Z

DMK:

FreeAndClear:

Well yes they are two different plans. One is allocating tax money to do something the other is a research project

It’s good on desantis to be taking such a step so let’s see where it actually goes

Correct. One is to specifically target insulin. The other is to reduce the costs of all prescriptions.

Yes, we will see where it goes for both of them.

Well no it doesn’t actually reduce anything yet. It’s a research project to reduce them. It’s a good look and more important good for desantis to tackle this. It’s in part political theater though. Especially the timing

DMK · 2022-07-10T19:35:27.978Z

FreeAndClear:

Well no it doesn’t actually reduce anything yet. It’s a research project to reduce them. It’s a good look and more important good for desantis to tackle this. It’s in part political theater though. Especially the timing

The same could be said for Newsome. They are both politicians.

What if what DeSantis is doing and what Newsome is doing causes the manufacturer’s to lower their prices for fear that they will be circumvented? That would be a good thing no matter who is a democrat or republican. Agreed?

One must also consider that a lot of the profits pharma makes on products is invested back into research. Billions are spent trying to bring a new product to market and many fail.

FreeAndClear · 2022-07-10T19:37:45.322Z

DMK:

FreeAndClear:

Well no it doesn’t actually reduce anything yet. It’s a research project to reduce them. It’s a good look and more important good for desantis to tackle this. It’s in part political theater though. Especially the timing

The same could be said for Newsome. They are both politicians.

What if what DeSantis is doing and what Newsome is doing causes the manufacturer’s to lower their prices for fear that they will be circumvented? That would be a good thing no matter who is a democrat or republican. Agreed?

One must also consider that a lot of the profits pharma makes on products is invested back into research. Billions are spent trying to bring a new product to market and many fail.

There are a lot of questions posed. We know the answers with newsome plan. We don’t yet know with desantis.

That is of course not that important. If desantis succeeds good for Florida, great even.

DMK · 2022-07-10T19:45:12.845Z

FreeAndClear:

We know the answers with newsome plan.

We don’t know how much it will cost to produce, or what will be charged. We just know the investment amount.

FreeAndClear:

If desantis succeeds good for Florida, great even.

Agreed. I also hope other States pay attention and work on a program as well.

IMO, it is asinine that American’s have to pay 4 times more for insulin than other countries. I think DeSantis has it right in starting with the PBM’s who manage cost to the patient and who can deny medications even if prescribed by a doctor.

WuWei · 2022-07-10T20:36:56.436Z

DMK:

WuWei:

Why not? What’s the downside?

Reducing the price by a penny is still unaffordable to many that Newsome is trying to help.

Is it not still an improvement? More affordable than before?

DMK · 2022-07-10T20:37:50.739Z

WuWei:

Is it not still an improvement? More affordable than before?

No and no.

WuWei · 2022-07-10T20:41:26.311Z

I disagree. Every little bit helps.

DougBH · 2022-07-10T21:58:08.025Z

There is not one insulin. This is a lot more complicated than that.

Healthline – 15 Sep 21

Why Is There No Generic Insulin?

Almost all medications seem to come in cheaper off-brand versions known as “generics.” So why isn’t this true for insulin?

Due to recent developments, there are now start ups that claim they will be selling insulin for 25-50 dollars per vial. Whether that happens, as with the California production, we will have to wait and see.
Of course, the government can always select one specific drug and provide it at below the cost to produce. The trick is affordable healthcare in every category in a way that doesn’t bankrupt the government.
And this is not a universal problem with people having trouble affording insulin. If you are on Medicare D or have decent health insurance, you are not overwhelmed. It’s not really clear which people under which circumstances need help. Why would you be developing a new state paid insulin factory for the benefit of those currently paying about $13 a month for insulin?