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Colorado is the first state to cap skyrocketing insulin co-pays



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.

 Murphy Roberts was diagnosed with Type 1[ads1] diabetes when he was. </p>
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 The bill was sponsored by Democratic state Rep 11.

"Colorado is leading the way with this measure, but this is just a first step," Roberts told CNN on Thursday.

Insurance and pharmaceutical companies were aware of the bill and took part in the discussions, Roberts said. "We do not stop taking all the pharmaceutical companies and drug middlemen to start taking more accountability and stopping gouging patients with their high costs." Roberts, 29, started working on the issue when he first joined the legislature two years ago.

"Knowing personally what Colorado, Colorado, "Roberts said.

The cap will go into effect on January 1, 2020. The attorney general may begin investigating insulin prices immediately.

The law was inspired by Roberts' brother

 Dylan Roberts (left) with his brother, Murphy.
Murphy Roberts was diagnosed with Type 1 diabetes when he was 11, according to Roberts' website. He volunteered alongside Roberts when campaigning for Barack Obama's presidential campaign in 2008.

Murphy was on a hike when he had a diabetic seizure in August 2016. He suffered a brain injury from his fall and died the next day. Hey what 22 years old.

"I think he would tell me good job and probably look at it and say, 'What's next?'" Roberts said.

The prices of insulin keep climbing

The average cost of insulin has tripled over the course of a decade. It went from $ 4.34 per milliliter in 2002 to $ 12.92 per milliliter in 2013.
A report from the Health Care Cost Institute, published by four health insurance companies , found that individuals with Type 1 diabetes spent, on average, $ 5,705 per person on insulin in 2016, an increase of $ 2,841 since 2012.

On the rise of insulin prices , lawmaker tells pharma execs: "Your days are numbered" ” src-mini=”//cdn.cnn.com/cnnnext/dam/assets/111114122322-insulin-pen-small-169.jpg” src-xsmall=”//cdn.cnn.com/cnnnext/dam/assets/111114122322-insulin-pen-medium-plus-169.jpg” src-small=”http://cdn.cnn.com/cnnnext/dam/assets/111114122322-insulin-pen-large-169.jpg” src-medium=”//cdn.cnn.com/cnnnext/dam/assets/111114122322-insulin-pen-exlarge-169.jpg” src-large=”//cdn.cnn.com/cnnnext/dam/assets/111114122322-insulin-pen-super-169.jpg” src-full16x9=”//cdn.cnn.com/cnnnext/dam/assets/111114122322-insulin-pen-full-169.jpg” src-mini1x1=”//cdn.cnn.com/cnnnext/dam/assets/111114122322-insulin-pen-small-11.jpg” data-demand-load=”not-loaded” data-eq-pts=”mini: 0, xsmall: 221, small: 308, medium: 461, large: 781″/>

The American Diabetes Association supports the Colorado legislation, saying it's the first of its kind in the nation, according to a statement from Wednesday.

"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."


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