Senate Bill 667 has passed the Senate Committee. The bill which has been sponsored by State Senator Andy Manar would put a cap on copayments for insulin at $100 per month for ALL patients regardless of the supply that they would require. The cap would only apply to commercial insurance plans regulated by the state. The legislation was approved 15-3-1. Manar says he is excited that the committee did its job.
Insulin prices have slowly been rising, and the drug cost has tripled in price between 2002 and 2013. Out of the 1.3 million Illinoisans living with diabetes, one in four with diabetes are forced to ration their insulin due to soaring costs. Only Colorado currently has a cap on what insulin costs can be. They also have copays of $100. The bill will be presented to the Senate later this week.