California Gov. Gavin Newsom vetoes bill aimed at limiting the price of insulin

Published October 8, 2023 2:29 PM

Associated Press

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom has vetoed a bill aimed at limiting the price of insulin. The bill would have banned health plans and disability insurance policies from charging more than $35 for a 30-day supply of insulin. Newsom vetoed the bill because he said it would prompt insurance companies to increase monthly premiums. Newsom noted California has a contract to produce its own brand of insulin. Newsom said that is a better way to control the cost of the drug. Democratic state Sen. Scott Wiener said the veto was a missed setback that will cost consumers more money.

Article Topic Follows: AP-National

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.