Colorado Gov. Jared Polis signed a bill into law for a $ 100 per month cap on insulin co-pays, regardless of how much insulin a patient uses. Insurance companies will pay anything more than the $ 100 co-pay.
The law also enlists the Colorado attorney general to investigate the rising prices of insulin in the state and to make recommendations back to the legislature.
19659002] "Today we will finally declare that the days of insulin price gouging are over in Colorado," Gov. Dylan Roberts, who lost his brother to Type 1 diabetes in August 2016.
"With the prices of insulin nearly tripling between 2002 and 2013, people with diabetes often face financial hard Ships affording their insulin, "said LaShawn McIver, senior vice president of government affairs & advocacy for the ADA.
More than 400,000 Coloradan's live with diabetes, the ADA said. There are more than 30 million Americans who have diabetes. "
" Drug pricing in the US is totally out of control, "Roberts said. "Having the attorney general's legal team and recommending legal action wants to be helpful to determine what we do next."