California Gov. Gavin Newsom has vetoed a bill aimed at limiting the price of insulin
FILE -- California Gov. Gavin Newsom answers questions during a news conference in Sacramento, Calif., on Tuesday Sept, 26, 2023. On Saturday, Oct. 7, Newsom vetoed a bill aimed at limiting the price of insulin. Gov. Gavin Newsom has vetoed a bill that would have stopped insurance companies from charging more than $35 for insulin.
Newsom, a Democrat, said earlier this year that California would soon start making its own brand of insulin. The state has a $50 million contract with the nonprofit pharmaceutical company Civica Rx to manufacture the insulin under the brand CalRx. The state would sell a 10 milliliter vial of insulin for $30.
State Sen. Scott Wiener, a Democrat from San Francisco who crafted the bill, called Newsom's veto “a major setback that will keep tens of thousands of diabetic Californians trapped in the terrible choice between buying insulin and buying“This is a missed opportunity that will force them to wait months or years for relief from the skyrocketing costs of medical care when they could have had it immediately,” Wiener said in a news release.
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