We recognize that middle-class Americans continue to face costly food and rent, which matters enormously to their budgets and daily lives. President Biden and I are focused on lowering prices where we can. The Biden administration has already capped insulin costs for Americans on Medicare at $35 a month and is lowering the price of prescription drugs for seniors and the cost of health insurance for millions of working families.
Janet Yellen, Wall Street Journal 12- 21-23
Can you say subsidies, cost shifting?
Twenty-five states have also capped the co-pay for commercial insurance plans (does not apply to self-insured employer plans).
Capping the price of anything has a cost. Exactly what that may be is not easy to see, but it’s there for sure. If your employer plan is required to cap a co-pay, the employer pays more and probably the workers in their premiums too.
Even if the manufacturer lowers the price, it is made up somewhere.
QUINNSCOMMENTARY 
Capping prices of almost a anything sets a floor. That floor going forward might keep the price artificially high. If the floor keeps it too low then shortages will ensue. This is what happens when you try to buy votes
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For those who require insulin which had become very expensive, capping the price is significant, as well as other specific prescriptions and health costs. But the additional costs will show up else where in other prescriptions and health care costs.
Politically motivated statements are meant to pull the hidden bean trick in which hand.
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And yet, nobody seems to ask and questions about how it all works without adverse consequences.
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There ain’t no free lunches!
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