He froze a Trump executive order related to drug prices, but the action had no effect on current insulin prices, because the Trump policy hadn't actually taken effect. It was set to kick in on January 22, two days after the White House announced its regulatory freeze.
The Trump rule was also narrowly targeted and would not apply to most Americans anyway.
Here's the National Association of Community Health Centers statement:
"President Biden has frozen a Trump-era regulation that would adversely impact Community Health Centers and the nearly 30 million patients they serve – a majority of whom are living in poverty or are uninsured. The regulation, which was based on an Executive Order issued last July, was based on a fundamental misunderstanding that would have imposed extensive administrative burdens and targeted EpiPens and insulin dispensed by health centers and purchased under the federal 340B drug discount program. The stated aim was to cut drug prices. However, it triggered alarm among safety-net health care providers and bipartisan lawmakers because it would accomplish the opposite of what the Trump Administration intended — ultimately making it harder for health centers to provide affordable life-saving services and prescription drugs — especially during the pandemic. To be clear, the insulin and Epipen regulation that was frozen by the Biden Administration only affects medications purchased through the 340B drug discount program at health centers. THE OVERALL PRICES OF INSULIN AND EPIPENS ACROSS THE COUNTRY ARE NOT AFFECTED BY THE TRUMP ADMINISTRATION OR THE RECENT ACTION BY THE BIDEN ADMINISTRATION.
We are deeply grateful the Biden Administration put the brakes on such a harmful rule within hours of taking office."
So, are you gonna admit you were wrong? Or.