WASHINGTON — Not only has he lowered drug prices, President Trump claimed in the first 15 minutes of Tuesday’s debate — but he has helped lower the price of insulin, specifically, so that it is so cheap that it’s “like water.”
In reality, insulin still retails for roughly $300 a vial. Most patients with diabetes need two to three vials per month, and some can require much more.
The early bluster from Trump on drug pricing is the latest sign that the president will campaign hard on his efforts to lower prescription drugs. In recent months, Trump has launched a digital ad onslaught that attempts to frame Joe Biden as the much-maligned drug industry’s preferred candidate. Trump brought up the issue in response to a question about his plan to replace the Affordable Care Act, which he has often touted in recent speeches but has almost no specifics.
This article is exclusive to STAT+ subscribers
Unlock this article — plus daily intelligence on Capitol Hill and the life sciences industry — by subscribing to STAT+.
Already have an account? Log in
Already have an account? Log in
About the Author Reprints
To submit a correction request, please visit our Contact Us page.
STAT encourages you to share your voice. We welcome your commentary, criticism, and expertise on our subscriber-only platform, STAT+ Connect