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The Affordable Insulin Now Act is a bill in the United States Congress intended to cap out-of-pocket insulin prices under private health insurance and Medicare at no more than $35 per month. [ 1 ] The bill was first introduced on February 25, 2022, by Representative Angie Craig ( D - MN ). [ 2 ]
The Affordable Insulin Now Act will require Medicare plans and private group or individual plans to cap patients' out-of-pocket costs for insulin at $35 per month. This will lower costs for ...
More than 50% of insulin users with employer-based insurance spent over $35 out-of-pocket on average for a 30-day supply of insulin in 2019 and 2020, according to the Health Care Cost Institute, a ...
The U.S. House has passed the Affordable Insulin Now Act, which would cap the monthly cost of insulin, but it has some major hurdles to pass before it can move forward.
Date introduced Sponsor(s) # of cosponsors Latest status 116th Congress: Elijah Cummings Lower Drug Costs Now Act of 2019 H.R. 3: August 9, 2019 Frank Pallone (D-NJ) 106 Passed in the House (230-192) [38] 117th Congress: Elijah Cummings Lower Drug Costs Now Act of 2021 H.R. 3: April 22, 2021 Frank Pallone (D-NJ) 91 Referred to Committees of ...
A month’s supply of insulin will be capped at $35 for Medicare enrollees who have diabetes. According to the American Diabetes Association, 15.9 million seniors age 65 and older have diagnosed ...
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Medicare recipients who suffer from diabetes are poised to save money this year thanks to a provision in the 2022 Inflation Reduction Act (IRA) that lowers the cost of insulin. See the List:...