Colorado is the first state to enact a law that combats the soaring costs for insulin that have doubled in the last seven years.
Check out this story on USATODAY.com: https://www.usatoday.com/story/news/nation/2019/05/25/colorado-first-state-cap-co-pays-insulin/1235794001/.
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Colorado is the first state to cap skyrocketing insulin co-paysColorado Gov. Jared Polis signed a bill into law that places 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, according to the new law.
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Colorado Becomes First State To Cap Insulin CostsPeople with diabetes won't pay more than $100 a month out of pocket for the drug under a new law.
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The price of insulin is surging. This state is the first to make insurance companies eat the cost.The Colorado law will cap monthly co-payments at $100, but doesn't change how much insulin manufacturers can charge.
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