Home Food Allergies FARE Endorses Federal “EPIPEN Act”

FARE Endorses Federal “EPIPEN Act”

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New Federal Invoice Would Cap the Value of Epinephrine Auto-Injectors at $60 Per Two-Pack

January 11, 2024 (McLean, VA) – Immediately, FARE (Meals Allergy Analysis & Training) endorsed Rep. Maxwell Alejandro Frost’s (D-FL-10), newly launched Epinephrine’s Pharma Inflated Worth Ends Now Act or the “EPIPEN Act” which might cap the price of all epinephrine auto-injectors at $60 per two-pack. Rep. Frost is the one Gen Z member of the U.S. Home of Consultant and suffers from life-threatening meals allergic reactions.

“On behalf of the greater than 33 million People with probably life-threatening meals allergic reactions who depend on epinephrine auto-injectors to remain alive, FARE is grateful for Rep. Frost’s management in introducing laws that may cap the prices our group pays for his or her epinephrine auto-injectors,” mentioned Sung Poblete, PhD, RN, CEO of FARE. “We proudly endorse this invoice, will assist it on Capitol Hill, and encourage different U.S. Home members to cosponsor this laws.”

With the price of a model identify EpiPen starting from $650 to $730 relying on the pharmacy and the generic model costing between $320 and $750, many People can’t merely afford the one drugs that may save their lives.

This development is nothing new as seven years in the past, CNN reported that these life-saving gadgets had elevated by greater than 400% since 2007.

“There isn’t any purpose that epinephrine auto-injectors ought to price this a lot,” mentioned Jason Linde, FARE’s Senior Vice President of Advocacy. “Not when a 2016 CNBC story discovered that the quantity of medication in an epinephrine auto-injector is value only one greenback, and the San Jose Mercury Information discovered that it solely prices $8 to fabricate an epinephrine auto-injector two-pack.”

Making issues worse for meals allergy households is the rise of high-deductible medical insurance plans that require people and households to pay out-of-pocket prices starting from $1,500 to $3,000 or extra earlier than protection begins. That is notably tough for the 55.7% of People, as of 2021, who’re in these plans as this latest NBC Information story summarized the issue succinctly, “Whilst the price of EpiPens and different epinephrine auto-injectors have stabilized, many are paying hundreds of {dollars} out of pocket every year attributable to high-deductible insurance coverage.”

Mentioned Linde, “This implies for a household with an eight-year-old woman with a peanut allergy, they need to buy, every 12 months, at the very least two packs of epinephrine auto-injectors, one for at dwelling, and the opposite in school, which signifies that their whole price is $1,400 which in lots of areas of the nation is the same as or greater than a household’s mortgage cost.”

Whereas some have argued that worth caps would hurt innovation, the EpiPen has not modified in years nor has competitors pushed down the worth – actually, the other has occurred for the reason that product was first permitted by the FDA in 1987.

“Approaching the heels of Colorado, Illinois, New Jersey, and Rhode Island all passing epinephrine auto-injector worth cap payments final 12 months, we’re grateful and grateful that Rep. Frost has taken motion and we, the meals allergy group, have to do every thing doable to construct assist for the EPIPEN Act,” concluded Linde.

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Media Contact: media@foodallergy.org

About FARE:  FARE (Meals Allergy Analysis & Training) is the nation’s main non-profit engaged in meals allergy advocacy in addition to the biggest personal funder of meals allergy analysis. FARE’s revolutionary schooling, advocacy and analysis initiatives rework the way forward for meals allergy via new and improved remedies and prevention methods, efficient insurance policies and laws, and novel approaches to managing the illness. To study extra, go to: www.foodallergy.org.

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