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CA Will Produce Insulin to Combat High Drug Prices, Governor Announces

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
CA Will Produce Insulin to Combat High Drug Prices, Governor Announces

CA Will Produce Insulin to Combat High Drug Prices, Governor Announces

CA Will Produce Insulin , to Combat High Drug Prices, , Governor Announces.

CA Will Produce Insulin , to Combat High Drug Prices, , Governor Announces.

CA Gov.

Gavin Newsom announced the plan with a $100 million budget via Twitter on July 8.

California is going to make its own insulin, Gavin Newsom, CA Governor, Twitter.

It's simple.

People should not go into debt to get life-saving medication, Gavin Newsom, CA Governor, Twitter.

Half of the plan's budget will be allocated for development of insulin products, .

And the other half will be used to build a manufacturing center.

Nothing epitomizes market failures more than the cost of insulin, Gavin Newsom, CA Governor, Twitter.

Many Americans experience out-of-pocket costs anywhere from $300 to $500 per month for this life-saving drug.

, Gavin Newsom, CA Governor, Twitter.

California is now taking matters into our own hands, Gavin Newsom, CA Governor, Twitter.

Newsom did not unveil specifics of the new plan.

However, he stated that CA will offer insulin "at a cheaper price, close to at-cost, and to make it available to all.".

For those who are uninsured or vulnerable in other ways, insulin rationing is a dangerous method of making ends meet.

A recent report compiled by Human Rights Watch found that the practice was endemic among the insulin-dependent.

Almost every insulin-dependent person Human Rights Watch interviewed said they had rationed analog insulin because of out-of-pocket costs, , Human Rights Watch Report, via CBS News.

... taking it in ways not recommended by their physician in order to stretch their supply, Human Rights Watch Report, via CBS News


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