Biden: Harris Presidency Would Expand Insulin, Out-Of-Pocket Caps To Private Market

If elected president, Kamala Harris would work to expand the Inflation Reduction Act’s (IRA) Medicare policies to the private insurance sector, President Joe Biden said as he touted the results of CMS’ drug price negotiations, stating he and Vice President Harris support extending a $35 cap on insulin prices and a $2,000 year cap on out-of-pocket prescription drug spending to all Americans. Biden spoke in Maryland Thursday (Aug. 15) in his first appearance with Harris since she replaced him at...