From the Heritage Foundation, I'm Tim Desher, and this is Heritage Explains.

First, cut the cost of prescription drugs.

We pay more for the same drug produced by the same company in America and any other country in the world.

Just look at insulin.

One in ten Americans has diabetes.

Insulin costs about $10 of vial to make.

That's what it costs the pharmaceutical company.

But drug companies charge families like Joshua and his dad up to 30 times that amount.

Let's cap the cost of insulin at $35 a month.

So everyone can afford it.

And drug companies will do very, very well.

Their profit margin.

I know we have great disagreements on this floor of this.

Let's let Medicare negotiate the price of prescription jobs.

That was President Biden at the 22 State of the Union address,

casting his vision for lowering the price of insulin. It was a very popular talking point because for many type 1 diabetics like me,

who are totally insulin dependent, several injections a day,

that monthly pharmacy bill can be absolutely daunting.

It was nice to be acknowledged. The story of insulin's development,

like many other life-saving drugs, was very inspiring. It was a modern miracle when Frederick

Banting invented it in 1923 using the pancreas of cows and pigs. It changed the game because it gave diabetics a chance at life

where it once was a certain death sentence. It was so meaningful that Banting refused to put his

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