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Diabetes

Drug industry targeted by Iowa Republican Sen. Charles Grassley and Maryland Democratic Rep. Elijah Cummings

Drug industry targeted by Iowa Republican Sen. Charles Grassley and Maryland Democratic Rep. Elijah Cummings

A senior Republican lawmaker said Tuesday that he plans to investigate spikes in the price of insulin for people with diabetes as Congress opened hearings on the high cost of prescription drugs.

"I have heard stories about people reducing their life-saving medicines, like insulin, to save money," said Senate Finance Committee Chairman Charles Grassley, a Republican from Iowa. "This is unacceptable and I intend to specifically get to the bottom of the insulin price increase."

Across Capitol Hill, the House Oversight and Reform Committee held its own hearings. Chairman Elijah Cummings, a Maryland Democrat, has already announced a sweeping investigation of...

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