Bill denial for the prescription drug price cap called ‘a major setback’ for diabetics in the state

  • 6h0st_in_the_machin3@kbin.social
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    1 year ago

    “With CalRx, we are getting at the underlying cost, which is the true sustainable solution to high-cost pharmaceuticals,” Newsom wrote in a message explaining why he vetoed the bill on Saturday. “With co-pay caps however, the long-term costs are still passed down to consumers through higher premiums from health plans.”

    Makes sense, when you block a corporation by increasing taxes, they will always pass the “new” cost to the consumers, in this case the “competition” will provide true lower costs…