DENVER (AP) – People with diabetes in Colorado won’t have pay more than $100 a month for insulin under a new law. gov. jared polis signed legislation Wednesday that caps insurance co-payments on.
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· People with diabetes in Colorado won’t have pay more than $100 a month for insulin under a new law. New colorado law caps cost of insulin at $100 a month | News | coloradopolitics.com You are the owner of this article.
Effective January 1, 2020, the act caps the cost sharing a covered person is required to pay for prescription insulin drugs at $100 per 30-day supply of insulin. The act requires the department of law to investigate the pricing of prescription insulin drugs and submit a report of its findings to the governor, the commissioner of insurance, and the judiciary committees of the senate and house of representatives.
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Colorado Gov. Jared Polis signed the bill into law Wednesday, which caps co-payments of insulin to $100 for a one-month supply. The cap is expected to go into effect in 2020. The law won’t change or limit what insulin manufacturers can charge insurance companies.
Colorado has become the first state in the country to limit how much a person is required to pay in out-of-pocket costs for insulin. Colorado Gov. Jared Polis signed the bill into law Wednesday, which caps co-payments of insulin to $100 for a one-month supply. The cap is expected to go into effect in 2020.
Yesterday, Colorado governor Jared Polis signed into law a measure that will cap total monthly insurance co-pays for insulin at $100. All insurers in the state will have to comply with the new regulation by January 1st, 2020.
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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 skyrocketing price of insulin has some diabetics scrambling to cover the cost of the. diabetes in Colorado won’t have pay more than $100 a month for insulin under a new law. Gov. Jared Polis.
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.
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