Senator Chuck Schumer wants the Senate to vote next month on capping the cost of insulin, the Majority Leader said Sunday.
Schumer said he wants to limit the cost at $35 per vial down from hundreds of dollars that Americans shell out for the lifesaving medicine.
The drug is vital for control of blood sugar for people with diabetes, but costs have been rising by 15%-17% a year since 2012, according to Schumer. Insulin prices in the United States are also around eight times higher than in other countries, according towith type 1 or 2 diabetes to rationing their insulin., the second year that the country surpassed that threshold.
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