Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsColorado becomes first state to cap out-of-pocket insulin costs
https://thehill.com/policy/healthcare/445310-colorado-governor-signs-bill-into-law-making-state-first-in-country-to-cap?fbclid=IwAR1Y3vo9A2Nzf7BEjvLQUKbMcrHxtBH1c76a-Ys2myRiRlONpzuAcpnXkYA&fbclid=IwAR1Tr730bEoY0-1QqIal0bo_GkwBzzmxENkOvoi5BxEZzOCwxJD2Ux1zIaoColorado becomes first state to cap out-of-pocket insulin costs
By Owen Daugherty - 05/23/19 04:57 PM EDT
Colorado on Wednesday became the first state in the country to limit how much someone could be required to pay out-of-pocket for insulin.
The Denver Post reports Gov. Jared Polis (D) signed a bill into law that caps co-pays associated with insulin to $100 per month.
Today, we will declare that the days of insulin price gouging are over in Colorado, Polis said in his office Wednesday as he signed the bill into law.
The cost of insulin in the U.S. has been increasing in recent years, doubling since 2012, the news outlet noted, citing statistics from the Healthcare Cost Institute. People with Type 1 and Type 2 diabetes require the costly drug to control blood sugar levels.
The law does not change or limit what insulin manufacturers can charge insurance companies, instead only capping what patients are required to pay.
The news outlet notes insurers are expected to pay the difference in price.
The law also requires Colorado Attorney General Phil Weiser (D) to begin investigating why the cost of insulin surged in recent years.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 615 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (9)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Colorado becomes first state to cap out-of-pocket insulin costs (Original Post)
babylonsister
May 2019
OP
NewDayOranges
(692 posts)1. Sounds like this only benefits folks with health insurance
But I didn't read the whole article yet...
babylonsister
(171,059 posts)2. 'Out of pocket' costs could be/sounds like anyone. nt
ooky
(8,922 posts)3. Gouging the price of insulin to diabetics is like gouging the price of air to breath for
normal people. Anyone who does that is pure evil.
gldstwmn
(4,575 posts)4. We have a good, new, progressive governor.
(Not that there's anything wrong with the old one, he's running for president.) Polis has been doing a very good job.