this post was submitted on 21 Apr 2025
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https://www.cnn.com/2023/01/09/politics/inflation-reduction-act-medicare-insulin-cap/index.html
https://www.cbsnews.com/news/biden-budget-tax-child-tax-credit-ctc-eitc-who-qualifies/
So you linked something that said that the CTC didnt last a single year and that the drug price reduction wasnt only for old people. Thanks for proving me right now can I get an admission that you were completely wrong?
You know medicare is primarily for retirees, right?
Edit: since you only read the first sentence I quoted from CBS, here's the second:
and the fourth
Why are you using the word primarily?
"Once it expired in 2022" they're not talking about the CTC expiring.
no, just the bit Biden did, the thing that was cited as one of his major accomplishments.
and c'mon; Insulin is cheaper for Medicare recipients. Insulin is cheaper for the elderly. It is, in effect, the same statement. You really quibbling over wording to try and scrape together a point?
Medicare includes disabled people of all ages and Insulin is used for people of all ages. Sure majority of the users are elderly but so what elder will always require the most medical care and any effort to bring that cost down for them is great.
You're the one trying to attack the policy saying it ONLY affected elderly. It didnt only affectly elderly and that's only affecting elderly isnt a reason against it.
It's within the governments power to lock prices. For something as medically necessary as insulin, anything less is a half measure.
It is and Biden did 10x more than just lock the price of insulin. So what's the issue?
The issue is the price gouging still exists for everyone who isn't on Medicare. You have to either be old enough, or prove to the government that you fit their criteria for disabled before you get the reasonable price.
I believe that dems tried for a reduction in the cost of insulin for all but it was blocked by the right.