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.
