New Colorado law caps cost of insulin at $100 a month
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 insulin no matter the type of insulin.
KCNC-TV reported that the Democrat declared that the days of insulin price gauging are over in Colorado at a ceremony filled with people affected by diabetes.
The bill was sponsored by state Rep. Dylan Roberts, D-Avon, who lose his brother, Murphy, to diabetes.
Nationally the average insulin price nearly tripled from 2002 through 2013, and prices have risen 10% or more a year since then, forcing many diabetics to ration their insulin.
Some have ended up in hospitals and a few have died as a result, which has led to congressional hearings on the issue.


