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Governor of Maryland signs bill to limit insulin costs

Governor of Maryland signs bill to limit insulin costs

 


May 19, 2022-Maryland Governor Larry Hogan has signed a bill this week to limit insulin costs for diabetics. Baltimore Sun..

House Building 1397, also known as Insulin cost reduction methodSets a $ 30 monthly out-of-pocket limit for a 30-day supply of insulin for those enrolled in state-regulated commercial health insurance plans. This applies to all insurance policies issued or renewed in Maryland in 2023.

“Maryland was a national leader in making prescription drugs more accessible and affordable to the population,” said Maryland representative Joselin Pena Melnick, who led the bill in the House of Representatives. I am. In the statement..

Hogan also explained that this initiative was driven by the federal government’s failure to act nationwide. Baltimore Sun report. In March, the US House of Representatives passed a bill limiting monthly insulin prices to $ 35, but the bill is stuck in the Senate.

The American Diabetes Association has praised Maryland’s new law as “an important action to save lives.” One in four Americans with diabetes reported that they distributed insulin during a pandemic, the association said.

“If you take less than the prescribed amount of insulin, your blood sugar will be out of control and can cause complications and damage to different parts of your body, such as your eyes, kidneys, and heart,” the association said in a statement. increase.

Even those who don’t distribute insulin face rising drug costs, in addition to rising rent, mortgage, grocery and energy costs, the association said. Currently, about 20 states and the District of Columbia have set price caps to make insulin available to diabetics and reduce the risk of dangerous complications.

“I’ve been caring for diabetics as a healthcare provider, and I know this cap has a big impact on making insulin more affordable for patients across the state,” he led the bill. Maryland State Senator Clarence Lamb, Senator of Medicine, said in a statement.

“As a doctor, I’ve seen patients struggling to choose between putting food on their table or paying for the life-saving medicines they need,” he said. “Even a one-off example of distributing their healthcare can have serious consequences.”

Contact the Maryland Insurance Department (410-468-2258) for more information on the new law.

Sources

1/ https://Google.com/

2/ https://www.webmd.com/diabetes/news/20220519/maryland-governor-signs-bill-to-limit-insulin-costs

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