SB 19-37: Insulin Price Cap Act (Passed)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
March 28, 2024, 07:23:19 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  Atlas Fantasy Elections
  Atlas Fantasy Government (Moderators: Southern Senator North Carolina Yankee, Lumine)
  SB 19-37: Insulin Price Cap Act (Passed)
« previous next »
Pages: [1] 2
Author Topic: SB 19-37: Insulin Price Cap Act (Passed)  (Read 1592 times)
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« on: August 05, 2019, 07:09:50 PM »
« edited: August 14, 2019, 06:59:48 AM by Esteemed Vice President Jimmy7812 »

Quote
INSULIN PRICE CAP ACT

To set a maximum price on the cost of insulin.

Quote
SECTION I.: NAME
    a.  This Act may be cited as the Insulin Price Cap Act.


SECTION II: PURPOSE
    a. This bill is in response to Colorado proposing such a bill in real life.
    b. This bill proposes curbing the cost of insulin to patients (esp. those with diabetes) who need the drug for medical necessity reasons.
    c. This bill combats the pharmaceutical price gouging issue with this drug.
    d. The price of insulin out-of-pocket shall be capped at $45, though regions can set the cap lower if they wish.
    e. All health insurance plans-- whether individual, employer, or AtlasCare-- shall cover the insulin cap costs in their plans.


SECTION III: TIMING
    a. This act shall take effect fourteen (14) days after adoption.

Passed in the House of Representatives 8-0-0-1



As amended:
Passed in the Senate 4-0-0-2



Sponsor: Vern
Senate Designation: SB 19-37
Logged
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« Reply #1 on: August 05, 2019, 07:10:26 PM »

This needs a sponsor.
Logged
Vern
vern1988
Sr. Member
****
Posts: 2,165
United States


Political Matrix
E: -1.30, S: -0.70

P P P

Show only this user's posts in this thread
« Reply #2 on: August 05, 2019, 07:57:12 PM »

I will sponsor
Logged
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« Reply #3 on: August 05, 2019, 07:59:05 PM »


Senators have 24 hours for objections.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #4 on: August 06, 2019, 08:23:55 PM »

How did this get through the eyes of Scott and Fhtagn with neither mentioning that Medicare and Medicaid doesn't exist? Tongue


Medicare was folded into Atlascare and even in those regions that opted out of Atlascare for the general market such is still available to seniors (and other groups whose programs were merged into it)

Medicaid was replaced with the sliding scale subsidy and thus any people who would have been on it are now either in Atlascare or private (for profit or non-profit depending on regional laws) insurance with their premiums subsidized.

Logged
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« Reply #5 on: August 06, 2019, 09:43:23 PM »

Vern is now recognized as the sponsor.
Logged
Vern
vern1988
Sr. Member
****
Posts: 2,165
United States


Political Matrix
E: -1.30, S: -0.70

P P P

Show only this user's posts in this thread
« Reply #6 on: August 07, 2019, 03:03:18 PM »

This is much needed. People shouldn’t have to pay more than 45 dollars for something that is going to keep them alive. It is sad that companies take advantage of people this way.


Logged
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« Reply #7 on: August 08, 2019, 02:32:47 PM »

Anyone have anything else to add?
Logged
ON Progressive
OntarioProgressive
Junior Chimp
*****
Posts: 6,106
Canada


Political Matrix
E: -6.06, S: -8.70

Show only this user's posts in this thread
« Reply #8 on: August 08, 2019, 07:09:07 PM »

Shouldn't we have an amendment to address what NC Yankee said about Medicare and Medicaid's lack of existence?
Logged
Vern
vern1988
Sr. Member
****
Posts: 2,165
United States


Political Matrix
E: -1.30, S: -0.70

P P P

Show only this user's posts in this thread
« Reply #9 on: August 08, 2019, 08:25:43 PM »

I would say so.
Logged
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« Reply #10 on: August 08, 2019, 08:34:58 PM »

Amendment idea:

Quote
INSULIN PRICE CAP ACT

To set a maximum price on the cost of insulin.

Quote
SECTION I.: NAME
    a.  This Act may be cited as the Insulin Price Cap Act.


SECTION II: PURPOSE
    a. This bill is in response to Colorado proposing such a bill in real life.
    b. This bill proposes curbing the cost of insulin to patients (esp. those with diabetes) who need the drug for medical necessity reasons.
    c. This bill combats the pharmaceutical price gouging issue with this drug.
    d. The price of insulin out-of-pocket shall be capped at $45, though regions can set the cap lower if they wish.
    e. All health insurance plans-- whether individual, employer, or AtlasCare-- shall cover the insulin cap costs in their plans.


SECTION III: TIMING
    a. This act shall take effect fourteen (14) days after adoption.
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #11 on: August 08, 2019, 09:28:29 PM »

Quote from: Amendment offered for the VP
INSULIN PRICE CAP ACT

To set a maximum price on the cost of insulin.

Quote
SECTION I.: NAME
    a.  This Act may be cited as the Insulin Price Cap Act.


SECTION II: PURPOSE
    a. This bill is in response to Colorado proposing such a bill in real life.
    b. This bill proposes curbing the cost of insulin to patients (esp. those with diabetes) who need the drug for medical necessity reasons.
    c. This bill combats the pharmaceutical price gouging issue with this drug.
    d. The price of insulin out-of-pocket shall be capped at $45, though regions can set the cap lower if they wish.
    e. All health insurance plans-- whether individual, employer, or AtlasCare-- shall cover the insulin cap costs in their plans.


SECTION III: TIMING
    a. This act shall take effect fourteen (14) days after adoption.
Logged
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« Reply #12 on: August 08, 2019, 10:01:41 PM »

Quote from: Amendment offered for the VP
INSULIN PRICE CAP ACT

To set a maximum price on the cost of insulin.

Quote
SECTION I.: NAME
    a.  This Act may be cited as the Insulin Price Cap Act.


SECTION II: PURPOSE
    a. This bill is in response to Colorado proposing such a bill in real life.
    b. This bill proposes curbing the cost of insulin to patients (esp. those with diabetes) who need the drug for medical necessity reasons.
    c. This bill combats the pharmaceutical price gouging issue with this drug.
    d. The price of insulin out-of-pocket shall be capped at $45, though regions can set the cap lower if they wish.
    e. All health insurance plans-- whether individual, employer, or AtlasCare-- shall cover the insulin cap costs in their plans.


SECTION III: TIMING
    a. This act shall take effect fourteen (14) days after adoption.

Senators have 24 hours for objections.
Logged
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« Reply #13 on: August 10, 2019, 03:42:12 PM »

With no objections, the bill now stands as:

Quote
INSULIN PRICE CAP ACT

To set a maximum price on the cost of insulin.

Quote
SECTION I.: NAME
    a.  This Act may be cited as the Insulin Price Cap Act.


SECTION II: PURPOSE
    a. This bill is in response to Colorado proposing such a bill in real life.
    b. This bill proposes curbing the cost of insulin to patients (esp. those with diabetes) who need the drug for medical necessity reasons.
    c. This bill combats the pharmaceutical price gouging issue with this drug.
    d. The price of insulin out-of-pocket shall be capped at $45, though regions can set the cap lower if they wish.
    e. All health insurance plans-- whether individual, employer, or AtlasCare-- shall cover the insulin cap costs in their plans.


SECTION III: TIMING
    a. This act shall take effect fourteen (14) days after adoption.
Logged
Vern
vern1988
Sr. Member
****
Posts: 2,165
United States


Political Matrix
E: -1.30, S: -0.70

P P P

Show only this user's posts in this thread
« Reply #14 on: August 10, 2019, 09:05:13 PM »

I motion for final vote!
Logged
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« Reply #15 on: August 10, 2019, 09:05:51 PM »


Senators have 24 hours for objections.
Logged
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« Reply #16 on: August 12, 2019, 09:07:12 AM »

A final vote has begun on this bill. Please vote AYE, NAY, or ABSTAIN.

Quote
INSULIN PRICE CAP ACT

To set a maximum price on the cost of insulin.

Quote
SECTION I.: NAME
    a.  This Act may be cited as the Insulin Price Cap Act.


SECTION II: PURPOSE
    a. This bill is in response to Colorado proposing such a bill in real life.
    b. This bill proposes curbing the cost of insulin to patients (esp. those with diabetes) who need the drug for medical necessity reasons.
    c. This bill combats the pharmaceutical price gouging issue with this drug.
    d. The price of insulin out-of-pocket shall be capped at $45, though regions can set the cap lower if they wish.
    e. All health insurance plans-- whether individual, employer, or AtlasCare-- shall cover the insulin cap costs in their plans.


SECTION III: TIMING
    a. This act shall take effect fourteen (14) days after adoption.
Logged
Former President tack50
tack50
Atlas Politician
Atlas Icon
*****
Posts: 11,891
Spain


Show only this user's posts in this thread
« Reply #17 on: August 12, 2019, 09:20:02 AM »

Aye
Logged
ON Progressive
OntarioProgressive
Junior Chimp
*****
Posts: 6,106
Canada


Political Matrix
E: -6.06, S: -8.70

Show only this user's posts in this thread
« Reply #18 on: August 12, 2019, 02:02:42 PM »

Aye
Logged
Vern
vern1988
Sr. Member
****
Posts: 2,165
United States


Political Matrix
E: -1.30, S: -0.70

P P P

Show only this user's posts in this thread
« Reply #19 on: August 12, 2019, 10:26:30 PM »

Aye
Logged
Comrade Funk
YaBB God
*****
Posts: 4,135
United States


Political Matrix
E: -5.16, S: -5.91

P P P

Show only this user's posts in this thread
« Reply #20 on: August 13, 2019, 07:15:54 AM »

Aye
Logged
Esteemed Jimmy
Jimmy7812
Junior Chimp
*****
Posts: 7,406
United States
Political Matrix
E: 2.47, S: -1.05

Show only this user's posts in this thread
« Reply #21 on: August 13, 2019, 09:53:46 AM »

With a majority of senators voting to pass this bill, the vote will close in 24 hours or when all senators have voted, whichever is sooner, and any senator who wishes to change his or her vote must do so during that interval.
Logged
Devout Centrist
Atlas Icon
*****
Posts: 10,099
United States


Political Matrix
E: -99.99, S: -99.99

P P
Show only this user's posts in this thread
« Reply #22 on: August 13, 2019, 07:25:02 PM »

Aye
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #23 on: August 13, 2019, 10:46:48 PM »

Aye
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #24 on: August 13, 2019, 10:56:08 PM »

Health care is a sector where normal market competition is not as effective in reigning in prices because you have monopolistic capture markets and some of that is unavoidable in that you have medicines that are held as intellectual property (perhaps that could be looked at though it needs to be balanced with recouping the heavy investment in development costs), and thus in fact since the alternative in some cases is death, you can basically charge whatever you want. This perverse incentive has been the driving force by rampant inflation in health care and particular drug prices over the years.

While I am generally not fond of price controls, I think in some pharma industries they are an unavoidable necessity unless and until, generics and other competing alternatives can drag the prices down.

It is not just the customers who suffer and the sick, it is also the budgets of things like Atlascare and thus the fiscal solvency of the government as a whole, is made worse by this rampant health care inflation.

The one disappointing aspect of this bill is that it is written in NeverAgain format and thus is prospective in its goals rather than declarative and thus probably will need to be revisited later to fix those problems, unless the President redrafts it to fix those problems.

Logged
Pages: [1] 2  
« previous next »
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.059 seconds with 12 queries.