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Wednesday, July 6, 2022

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Illinois becomes second State to impose cap on Insulin costs

CHICAGO – As a part of new laws going in effect beginning New Years Day, Illinois became one of only two states in the US to impose a cap on insulin copayment costs.

According to a recent report by Truven Health Analytics, since 2009, the price of insulin costs have nearly tripled nationwide.   The new law will cap a 30-day supply of insulin at 100 dollars, no matter the brand or amount needed.

In Illinois, roughly 13% of all residents suffer from the disease.  The new law does not apply to any insulin administered intravenously. 

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