SPRINGFIELD, Ill. (WEEK) — A bill moving through Springfield would cap co-payments for insulin at $100 per month, regardless of the supply someone needs.
State Sen. Andy Manar (D-Bunker Hill) is sponsoring Senate Bill 667. If passed, Illinois would become the second state to cap insulin payments.
Studies show the price of insulin tripled between 2002 and 2013.
“In the last 20 years or so we’ve seen the price of insulin rise to outlandish levels,” said Manar in a statement. “We have a responsibility as lawmakers to help get these prices under control and make this life-saving medication more available to those who need it.”
Nearly 7.5 million people in the U.S. rely upon insulin to regulate their blood sugar levels. Many people ration their insulin or go without it entirely due to the drug’s high costs, sometimes leading to live-threatening situations, Manar said.