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As nearly 7.5 million Americans contend with covering the skyrocketing costs of insulin to manage the disease, diabetics in Colorado will soon have some relief.. A new law, signed by Gov. Jared Polis earlier this week, caps co-payments of the lifesaving medication at $100 a month for insured patients, regardless of the supply they require.
The skyrocketing prices of insulin are a nationwide issue and Colorado has become the first state to pass legislation that tackles the problem.Colorado Gov. Jared Polis signed a bill into law.
Maximum costs of insulin can be upward of $1,000 under cost-sharing health plans. The new law specifically puts the cap on insulin co-pays at $100. The amount will be enforced no matter the amount of insulin a patient uses, appealing to both Type 1 and Type 2 diabetes patients.
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Gov. Jared Polis of Colorado on Wednesday signed into law a bill that will cap monthly insulin copays at $100 for people with diabetes. Rep. Dylan Roberts (D-Avon), the prime sponsor of the legislation, says 25% of people with diabetes have been rationing insulin.
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· DENVER (AP) – People with diabetes in Colorado won’t have pay more than $100 a month for insulin under a new law.
. in Colorado that supporters hope will help stem costs for people in the state with diabetes. KUSA reported that Colorado Gov. Jared Polis signed a bill into law Wednesday that caps insulin at $100.
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Colorado Caps Insulin Co-Pays At $100 For Insured Residents. with covering the skyrocketing costs of insulin to manage. program" that will place a $25 per month cap on insulin for patients.
Colorado caps the cost of insulin at $100 https://nyp.st/2HAl9xH Submitted May 25, 2019 at 10:40PM by Catmeum via reddit http://bit.ly/2VP8sDl
The new law caps co-payments of insulin to $100 for a one-month supply of insulin.
Colorado has become the first state to cap insulin prices, which have more than doubled since 2012. The state is capping co-payments for diabetics with private insurance at $100 per month.
On Wednesday, Colorado took the unusual step of capping the price of insulin in the state: A new law says people with diabetes won’t have to shell out more than $100 per monthly. announced a.