Even a $35 price cap leads to a 1000% profit margin for drug companies—it’s not enough.

 

Friend—For my neighbors with diabetes, insulin is a necessity to stay alive.

 

The Biden Administration recently capped the price of insulin at $35 per vial for those on Medicare. It’s a good first step, but vastly inadequate at addressing the full scope of the issue facing diabetics.

 

$35 seems low compared to the more than $300 per vial that some companies were charging for insulin in the past.

 

But how much does it actually cost to produce? Between $2 and $4 per vial.

 

Even with a 30% profit margin, a year’s supply of insulin for a person with diabetes should cost less than $71. Instead, drug companies are charging that much every month even under the price capped Medicare plan.

 

We need to demand more from our government. Insulin should be free under single-payer universal healthcare.

 

 

About 15% of the nation is enrolled in Medicare Part D, the prescription drug coverage part of Medicare that is only run through private, for-profit insurance companies. Only these 15% of people are covered by the $35 insulin cap.

 

In the race for this open seat, we need to elect a representative who will fight to win support for and pass Medicare for All. 

 

Nobody in this country should have to forgo common, lifesaving medication because a company wants to maintain a 1,000% profit margin.

 

Please consider donating to support this campaign and put a champion for working class people in Congress:

 

 

In solidarity,

 

Maebe

 

         

Maebe Pudlo is a Neighborhood Council member and community activist. She doesn’t take money from corporate PACs or lobbyists, fossil fuel execs, war contractors, etc. In 2022 she was one of two candidates to make the general election runoff for CA-30. In 2024, with an open seat, she will win. Support Maebe’s grassroots campaign >>

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Maebe A. Girl for Congress
P.O. Box 292500,
Los Angeles, CA, 90029
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