"California Gov. Newsom's Veto Stance: Insulin Prices, Free Condoms, and Caste Discrimination"

1 min read
Source: Yahoo News
"California Gov. Newsom's Veto Stance: Insulin Prices, Free Condoms, and Caste Discrimination"
Photo: Yahoo News
TL;DR Summary

California Governor Gavin Newsom has vetoed a bill aimed at limiting the price of insulin, which would have prevented insurance companies from charging more than $35 for a 30-day supply. Newsom cited the state's plan to manufacture its own brand of insulin, CalRx, as a more sustainable solution to high-cost pharmaceuticals. State Senator Scott Wiener, who crafted the bill, criticized the veto, stating that it would keep diabetic Californians trapped in the difficult choice between buying insulin and buying food. Insulin manufacturers previously faced a lawsuit accusing them of colluding to increase prices, and some have since announced voluntary price reductions.

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