mr head of state thank you so a lot for having me here today i'' m so recognized to be here to speak about a concern that is deeply personal to me dealing with the high expense of insulin and also to inform my story picture on a daily basis having to ask questions like must i pay my lease or ought to i threat death by foregoing my medication need to i purchase grocery stores or my insulin as well as other essential products related to diabetic issues i had to make this selection non-stop without relief each day in 2012 at the age of 21 i was diagnosed with type 1 diabetes mellitus due to unforeseen situations there came a time where i can no more afford my insulin i was compelled to allocate my supply of medicine that is as crucial to me as water i felt myself expanding weak as well as weak daily i could really feel myself gradually passing away eventually i was hurried to the healthcare facility where they informed me i remained in diabetic ketoacidosis a life-threatening and possibly deadly problem of my ailment i slipped right into a diabetic person coma and also i could have died this was a frightening case i repented that i couldn'' t manage my life-saving medication i didn'' t desire to request help i shouldn ' t need to request for help insulin and also health care must be budget-friendly since my medical diagnosis the price of my diabetic medicine has actually determined everything from what sort of job i can take whether i can reserve some cash for ins for savings luckily i am now able to manage my insulin via my company advantages i'' m fortunate but i recognize there are countless people dealing with the battle the reality is that one in four clients with diabetes has needed to ration insulin as a result of high medicine pricing president biden obtains it he has a strategy to not only conserve me as well as numerous individuals like me cash yet additionally to give us the assurance the capability to regulate our wellness without our health and wellness managing us for me president biden'' s buildback far better act would suggest satisfaction i recognize how quick our circumstances in life can transform in addition to my disease i am tormented with the worry that i might not have the ability to manage my insulin once more i intend to see a future where youngsters like me put on'' t have our lives focus on our prescription medicines as well as we wear'' t have to make career and life selections around insurance policy benefits that'' s why i ' m so thankful for president biden'' s leadership on dealing with the high price of prescription medications particularly insulin and also now it'' s my honor to introduce my new close friend president joe biden aisha thank you significantly your story is essential and also uh for everyone to hear and give thanks to god you'' re with us today today i ' d like to speak about just how we'' re mosting likely to aid numerous americans protect and also preserve their wellness and live with the dignity of knowing that they can take care of themselves and also their liked ones all by making the price of prescription drugs far more practical initially i wish to be clear we recognize the groundbreaking life-saving work that several pharmaceutical companies are doing appearance no better than the vaccinations and also the treatments they'' re manufacturing and delivering that are aiding fight this pandemic our miraculous therapies have uh in some instances turn diseases that were once considered death sentences right into treatable problems however we can make a difference in between establishing those breakthroughs and also boosting rates on a variety of medicines which have actually gotten on the marketplace for many years without making a substantial substantive adjustment in the medicaid in the medicine itself the medicine itself below in america it will not amaze you to understand that we pay the highest possible prescription drug rates of any kind of industrialized nation worldwide allow me say that again we pay the highest highest prescription drug prices of any kind of industrialized nation worldwide that may shock you what may surprise you is we pay concerning a couple of times what other nations pay for the same drug an example one anti-cancer medication price fourteen thousand bucks in the united states that same exact drug by the very same supplier cost 6 thousand bucks in france today one in 4 americans that take prescription medications battle to manage them almost 30 percent nearly 30 of these these clients have actually missed doses of vital medicines that they need to take others have actually simply not fulfilled the fulfill the prescription tried to make use of non-prescription medication as well as cut pills in fifty percent or due to the fact that they can'' t afford the cost of the prescription you understand even if you believe this doesn ' t influence you it does everybody has much less cash in their pockets because high drug costs make medical insurance more costly for everybody there aren'' t a great deal of things that practically every american contract can agree on however i believe it'' s safe to state that all of us all of us whatever our background our age where we live we can agree the prescription drugs are insanely expensive in this country it doesn'' t demand to be that means under my build back better expense there will be which is past your home of representatives it won'' t coincide way one of the most outright instances of what'' s taking place with medicine prices regarding the therapy of diabetes and the price of insulin a medication that people with kind 1 diabetes need to take throughout their lives to control their diabetic issues and also stay to life it'' s nearly precisely 100 years ago that a 14 year old boy in canada passing away of diabetes mellitus became the first individual to receive an injection of insulin today one container of this life-saving liquid expenses less than 10 dollars to produce yet to produce but in particular kinds of insulin costs boosted by 15 or even more yearly for the previous decade depending on the nature of somebody'' s kind 1 diabetes mellitus the average sticker label price for a month'' s supply of insulin has to do with 375 bucks yet some people it can be as high as one thousand dollars a month since they require to take more i simply met two lovely females we see before me today here as well as sarah skipper that was identified with type one diabetic issues at age 5 she has a sis shelby who was detected at age eight she told me that managing insulin has been the difficulty of her and also her family members'' s whole life occasionally she and her sister allocated dosages in 2018 sarah was no more covered by her moms and dads policy although she was functioning two jobs she hadn'' t fulfilled the her health and wellness treatment plan ' s insurance deductible when insulin had to do with one thousand dollars a month supply for her so she began sharing her sister'' s insulin from the very same vial at one factor due to the fact that shelby idea sarah had taken her dosage that shelby cut a dose in fifty percent because the bottle was sitting there and it would certainly resemble it was half empty is that right and at that time she assumed well i think what i assumption i ha there'' s she hadn ' t taken it yet shelby had been hospitalized therefore for four days functioning 2 work sharing insulin from the very same vial in america shame on us as a country we can'' t do far better than this sarah ' s regarding to begin a new job and doesn ' t yet recognize what the case will set you back sarah claimed i desire i could that'' s a quote i dream i can choose that didn ' t include diabetes she shouldn ' t have to ask such a concern you recognize i consider what simply occurred with aisha that'' s identified with diabetic issues three days before her 21st birthday celebration needing to choose in between rent as well as grocery stores as well as drug quote non-stop without relief each day was your quote to me needing to allocate her supply and also feeling herself as she states gradually dying she wound up in a coma think of that the difference in between nearly dying and prospering is the price of one medication sarah and also aisha are much much from being alone it'' s approximated that 34 million americans 10 of the population have diabetes including greater than 1.5 million that have kind 1 diabetes requiring day-to-day doses of incidence in numerous quantities bear in mind all this stress and anxiety hardship suffering and sacrifice is due to a drug that costs just a few bucks to make one research discovered that americans pay 10 times as a lot as various other nations for insulin these price boosts have to do with companies aiming to maximize earnings as well as nobody standing up for the people no one with the power to do something about it it'' s enough enough nobody has actually held the manufacturing of producers accountable up until now my costs back much better expense takes three vital steps to decrease the cost for families dealing with diabetic issues first we'' re going to cap price sharing of for insulin at 35 each month that means you can'' t get charged greater than 35 dollars at a drug store counter for your insulin that'' s across the board whether you obtain health and wellness insurance policy with exclusive policy the economical treatment act market or through medicaid nobody is going to pay greater than 35 for every month for insulin second for individuals who wear'' t have medical insurance we ' re assisting you obtain insurance that means people with diabetic issues can get protected keeping that 35 copay cap people are without insurance today can visit healthcare.gov to look into the options in a lot of cases individuals can obtain a full health care strategy including protection for insulin and also various other prescription medications medical professional check outs as well as hospital stays for much less than ten dollars a month if you enroll in the plan if you live in a state that has declined to increase medicaid under the economical treatment act my construct back better bill is mosting likely to repair that also these changes are mosting likely to make certain access to economical insurance coverage for millions more americans and help even more individuals with diabetes obtain coverage they desperately need 3rd we'' re mosting likely to end the days when medicine firms could boost their rates without any oversight as well as no accountability going ahead medication business that raise their rates much faster than inflation are mosting likely to face a high excise tax to put it simply if you'' re saying to medication we ' re claiming to medication firms if you'' re finally doing it due to the fact that because to be answerable when your rates to the american people rise you'' re mosting likely to be liable this is necessary not just from a health point ofview from the perspective of personal self-respect imagine if you'' re a moms and dad one of the about 200 000 youngsters in this country that experience kind 1 diabetes mellitus imagine if you can'' t afford their insulin it ' s not just a danger to your kid ' s life it denies you of your dignity simply imagine as a moms and dad having a kid with type 1 diabetic issues not a damn thing you can do regarding making certain they have it you'' ve sold which you console you put on'' t have the cash to obtain it succeeded my point of view my strategy addresses an added anxiety people face which is that when their children are beginning their jobs as well as are no longer eligible in their moms and dads health and wellness treatment strategy they'' ll be able to obtain insulin they require outrageous prices influencing everybody across the board spending every type of conditioned condition i remember what it resembled when my mama for my mother when she aged and also moved in with us her prescription medications were countless bucks a regular monthly basis luckily i had three other siblings as well as we jointly had the ways to contribute so she didn'' t have to exhaust all of her cost savings and market whatever she had actually delegated see to it she could get her drug prices covered so i'' m committed i ' m committed to utilizing every device i have to lower prescription drug costs for americans consistent with the drug business getting a fair return on their investment to truly address this issue we require the senate to adhere to the home of reps lead as well as pass my bill back much better expense along with the specific progression that the buildback much better costs is going to create families dealing with diabetes it will certainly additionally take the added step of reducing medicine prices for individuals on medicare right now the only thing medicare is not allowed to negotiate they can discuss the expense of doctors brows through hospitalization all the remainder the something they can'' t as a matter of law they are not permitted to negotiate the cost for prescription drugs for everything else doctors brows through crutches they can negotiate my plan obtains rid of that prohibition what i'' m suggesting is that we negotiate a reasonable rate one that shows the price of r & d a demand for substantial development probably presuming a requirement for a substantial profit but that is still economical to customers now medicine companies will certainly establish the cost at whatever market will certainly birth my plan likewise caps the amount that elders on medicare need to invest in prescription medications every year to no greater than two thousand bucks each year with medicaid as well as medicine firms grabbing the remainder of the cost as well as once again our plan claims that any medicine company can just elevate prices based upon the rate of inflation and caps insulin expense sharing at 35 a month so let me gather this i'' ve long stated health treatment must be a right not a benefit in this country and the ladies i'' ve met today and millions like them are the factor why people for whom expense of one drug is the distinction between hope as well as are afraid life and fatality dignity and also reliance we'' re closer than ever before to passing my bill back better expense and also giving people struggling with diabetes therefore several various other diseases the medicines they need and also the dignity they deserve to be able to manage them this is not a partial concern diabetes mellitus alzheimer'' s cancer many other conditions they don'' t treatment if you ' re a democrat or republican it'' s not whether it ' s not about whether your loved ones can pay for a prescription medication you require so we need congress to end up the work to find with each other as well as make the distinction in people'' s lives i intend to thank both the guests right here today for being so simple to me we had a great discussion in the office before coming here i admire you both i admire you both and also as uh my grandpa you say with the elegance of god the goodwill of neighbors we'' re gon na obtain this done so you don'' t have to fret every day about what you'' ll be able to do god honor you all as well as god safeguard our soldiers thanks so [Songs] it i want much obtain it done
