New Washington law caps insulin costs at $100 per month

[Yo_Mama_Been_Loggin]

A new 2021 Washington law caps the cost of insulin at $100 per month.

Under the new law, health plans issued or renewed on or after January 1, 2021 must cap insulin copayments, deductibles, and other forms of cost-sharing at $100 per 30-day supply.

State Sen. Karen Keiser, a Democrat who represents south King County, filed Senate Bill 6087 in late 2019. The companion House Bill 2662 was sponsored by Rep. Jacquelin Maycumber, a Republican in eastern Washington.

The Washington Legislature passed HB 2662 in March 2020. Gov. Jay Inslee signed the bill into law on April 3, 2020 to take effect Jan. 1, 2021.

https://www.msn.com/en-us/news/politics/new-washington-law-caps-insulin-costs-at-100-per-month/ar-BB1cpmpm?ocid=hplocalnews

[iemitsu]

1. Good for Washington State.

[I_UndergroundPanther]

2. insulin was once 8 bucks a month

Big pharma companies should be forced to make insulin available to everyone who needs it..or their corporate charter gets revoked. Some drugs are necessary to keep people alive. Those drugs should be made forever not for profit.
Profit for things that save lives ,corporate person hood,our shitty insurance system and capitalism needs to die.

[sinkingfeeling]

3. Illinois passed the same. No more than $100 per 30-day supply.

https://pharmanewsintel.com/news/illinois-caps-out-of-pocket-costs-for-insulin-at-100-for-insured

[murielm99]

5. I am not sure how many will benefit

from the Illinois law. It applies only to insurance companies regulated by the state of Illinois.

I do not know how many, or what percentage of insurance companies that is. The feds will have to step in to make the real changes.

My brother is having a hard time because of the increased costs.

https://www.thecentersquare.com/illinois/unclear-how-many-illinoisans-with-diabetes-will-benefit-from-new-insulin-price-cap-law/article_98fb1b74-3ee3-11ea-9467-f3953ee5ddf9.html

I don't know much about the source of this article. There may be better sources. If you can find a better source, let me know.

Demmer, who is critical of everything Pritzker does, is being a sourpuss about this law. He is my rep. We tried unsuccessfully to get rid of him. Make no mistake about it, Demmer is a snake. Every once in a while, I get into an email or letter-writing war with the little brat. Even if he is right, this law is a start. If Illinois can only regulate 20% of the industry, that is better than nothing. There are limits to state law.

[JDC]

4. Good. And that still seems high. But good.