“We brought down the price of prescription drugs, which is a major issue for many people, to $15 for – for an insulin shot, as opposed to $400.”
This is false. The Inflation Reduction Act that Biden signed into law in August 2022 capped the out-of-pocket cost of insulin at $35 a month for all seniors on Medicare, according to the White House. Several pharmaceutical companies, including Eli Lilly, followed suit and limited the monthly cost of the drug to $35 per month as well. But there is no evidence Biden limited the cost of insulin beyond this.