Legislators to Tackle Skyrocketing Cost Of Insulin

MADISON, WI (Ben Caxton) — As the cost of insulin continues to skyrocket, Senator Jennifer Shilling of La Crosse says Democrats are renewing their push to cap the costs for the life-saving drug. Senate Bill 340 authored by Senator Dave Hansen would cap the cost of copays for insulin at $100 per month and would require the Office of the Commissioner of Insurance to investigate and report on the pricing of insulin to help determine what other actions can help address the crisis. Additionally, Governor Evers has created a task force on reducing prescription drug prices, which is responsible for collecting and analyzing data on development, pricing, distribution, and purchasing of prescription drugs, analyzing other state strategies for reducing prescription drug prices. Shilling said in a press release that “No one should have to ration their life-saving medication because they can’t afford it.” According to the American Medical Association of Internal Medicine, one in four diabetes patients reports rationing their insulin due to costs.

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