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VERIFY: Claims that President Biden is increasing insulin prices are false Some media, politicians and social media users are claiming President Joe Biden raised the cost of insulin during his first week in the Oval Office. Author: Bob Segall Updated: 9:33 AM CST January 27, 2021 INDIANAPOLIS On the campaign trail, he pledged to help reduce the cost of prescription drugs. But now some media, politicians and social media users are claiming President Joe Biden raised the cost of insulin during his first week in the Oval Office. A FOX News headline stated Biden administration freezes Trump HHS rule meant to lower insulin prices.” A Twitter post with more than 1,400 likes says Biden is deliberately causing insulin prices to go up, and hundreds of other tweets claim Biden raised the price of insulin. Rep. Mark Green (R-Tenn) asked on social media, “Why does President Biden want to raise insulin prices on Americans?”

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