Drug manufacturers have announced that they will be capping the cost of insulin, but a State Senator wants to keep it capped. State Senator Laura Murphy has introduced a measure to cap insulin prices at $35. Drug manufacturers recently announced that they would be capping costs at $35, but Senator Murphy wants to make sure it stays that way, should drug manufacturers try to raise prices.
Under legislation the price of a 30-day supply of insulin would be capped at $35 for all private individual and group insurance policies. Senator Murphy says she’s tired of prices going up for things that millions of people need.
More than 10% of the US population has diabetes according to the diabetes research isntitute. 1 in 12 Illinoisans have insulin-dependent diabetes, nearly 1.3 million people. According to the Juvenile Diabetes Research Foundation, insulin has risen 600% in the last 20 years with Americans paying 10 times that of citizens of 32 other nations.
House Bill 2189 passed the Illinois Senate on Thursday.
Region: Pana,Feeds,City: Taylorville,Local,Region: Central
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June 1, 2023 at 09:05AM
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