Wednesday, May 8, 2024

Kennedy: How making insulin affordable can help NELA families

by BIZ Magazine

WASHINGTON – Sen. John Kennedy (R-La.) penned this op-ed for the Ouachita Citizen focused on legislative solutions that would lower the cost of insulin for northeast Louisiana families.

Below are key excerpts:

“Twelve percent of Louisiana adults already live with diabetes, and an estimated 30,000 Louisianians receive this diagnosis every year. Unfortunately, patients with diabetes face annual health care costs that are twice as high as non-diabetics face, in part because insulin can be expensive.”

“Insulin costs put many northeast Louisiana families in a financial bind. . . . The median household income in Ouachita Parish is $44,059, and a family of four faces annual health care costs of $10,128. Families in Concordia Parish spend more than 30 percent of their income to cover health care costs. With inflation surging to a 40-year high, the Ending Pricey Insulin Act would improve health care for many Louisiana communities.

“The bill would also help Louisiana’s economy. When diabetes goes untreated, the cost of caring for sufferers takes an even heavier financial toll on our state: Diabetes and prediabetes cost Louisianians roughly $5.7 billion every year in direct medical expenses, taxpayer dollars, and lost productivity.

“Louisianians don’t just rely on insulin. Many adults and children also depend on epinephrine to treat allergic reactions that could turn deadly. That’s why I’m also working to make sure that Federally Qualified Health Centers—which serve poor, uninsured, and rural Americans—help Louisianians get the medicine they need at prices they can bear.”

“Historic inflation has made gas, food, and other necessities harder for Louisiana families to afford. Congress must help make insulin cheaper and more accessible—both for diabetics and for the taxpayers who take on additional health care costs when the disease goes untreated.”

The op-ed is available here.

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