“This was an unexpected victory in a long fight against an illegal cartel of three corporations who have raised their insulin prices in lockstep.”

The Biden Administration pleasantly stunned health care reform advocates Tuesday by including short-acting insulin in its list of 10 drugs for which Medicare will negotiate lower prices, power vested in the White House by the Inflation Reduction Act.

The IRA was passed in the face of one of the heftiest barrages of lobbying in congressional history, with the pharmaceutical industry spending more than $700 million over 2021 and 2022 — several times more than the second- and third-ranking industries — much of it aimed at stopping the legislation, watering it down, or undermining its implementation.

  • @uis
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    21 year ago

    This sounds so real. I can imagine something similar happening.

    • @afraid_of_zombies
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      31 year ago

      Buy me a few beers some day. Tell you some more

      1. The time an upper manager suggested we consider an ancient serial protocol to solve a trivial comm problem and a quarter of a million was spent for something never used and now it is still out there wasting electricity.

      2. The time we used a HMI (like an iPad but for machines) that was 10x fold more expensive than what we needed because they wanted consistent parts but no else was using it and the part was no longer manufactured. The standard was not standard.

      3. The time I was ordered to prove a pump worked but the water lines hadn’t been run so we sat there listening to it grind itself into early death just to get a box checked.

      4. Full wash down capabilities on electronics for an area with only dry paper waste.

      5. And my personal favorite the time I had (again 2,000 dollars a day) to drive six hours to tell them that the broken level sensor that was clearly broken in the picture they sent me was clearly broken. I applied the full power of my many years of experience and engineering degree to determine that if a sensor looks like someone repeatedly hit it with a hammer it may not work.

      • @uis
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        1 year ago

        Dear Lauren! It sounds worse than Russia! It sounds worse than everything I knew!