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President Joe Biden sought to look past the Covid pandemic in his State of the Union address this week, shifting his focus to other health-care priorities.
Biden touted the Medicare drug negotiation provisions of the Inflation Reduction Act. In his biggest call to action, the president challenged Congress to extend the $35 monthly price cap on insulin to all diabetes patients.
But the proposal has little chance of passing in a divided legislature. Even when Democrats controlled both chambers, Senate Republicans managed to kill a provision last summer that would have capped insulin prices for people on private insurance as well.
The pandemic was largely a footnote in Biden's speech, demonstrating how the administration's and the public's priorities have changed over the past year as the virus has become less disruptive.
Biden hailed the planned end of the Covid health emergency in May. The Health and Human Services Department, in a call Thursday, laid out what the public should expect when the declaration is lifted in the spring.
The president only briefly mentioned abortion, calling for Congress to codify Roe v. Wade. But a pending lawsuit in Texas that could potentially remove the abortion pill from the U.S. market dramatically escalated on Friday.
A New York led Democratic coalition and a Mississippi led Republican coalition filed dueling arguments in the case, setting the U.S. up for a national showdown over mifepristone in the coming weeks.
Join CNBC's Healthy Returns on March 29th, where we'll convene a virtual gathering of CEOs, scientists, investors and innovators in the health care space to reflect on the progress made today to reinvent the future of medicine. Plus, we'll have an exclusive rundown of the best investment opportunities in biopharma, health-tech and managed care. Learn more and register today: http://bit.ly/3DUNbRo
Feel free to send any tips, suggestions, story ideas and data to me at spencer.kimball@nbcuni.com.
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