WASHINGTON, April 3 -- Sen. Chuck Grassley issued the following news release:

Q: Does the INSULIN Act reduce drug prices for people with diabetes?

A: As a co-sponsor (https://x.com/ChuckGrassley/status/2037159074094064077) of this bipartisan legislation, I'm continuing my efforts in Congress to help lower the cost of insulin for the tens of millions of Americans who rely on this lifesaving medication to thrive and enjoy a high-quality of life. According to the U.S. Centers for Disease Control and Prevention, nearly 12% of the U.S. population lives with diabetes.

The Improving Safeguards for Users of Lifesaving Insulin Now (INSULIN) Act would cap the cost of insulin at $35 per month nationwide, applying this out-of-pocket threshold for Am...