$25 Co-Pay Cap on Insulin in Utah!

$25 Co-Pay Cap on Insulin in Utah!

Join the Utah #insulin4all Chapter in calling for action on having a co-pay cap on insulin in Utah! By signing this petition, we are asking the Utah legislators to raise legislation that requires a $25 co-pay cap on insulin regardless of how much insulin a patient uses a month and for insurance companies to pay anything more than the $25 co-pay. We also want this to cover the insured and uninsured, too.
Colorado Gov. Jared Polis signed a bill into law recently that places a $100 per month cap on insulin co-pays, regardless of how much insulin a patient uses. Insurance companies will pay anything more than the $100 co-pay, according to Colorado's new law. However, this bill doesn't cover the uninsured and our Utah #insulin4all Chapter feels that $100 is still too high of an amount for a life saving medication.
It's time for Utah to join Colorado in passing a price co-pay cap on this life-saving medication, but let's make our law even better by covering those without insurance, those with insurance and with a $25 co-pay cap.
Here is the legislation that Colorado passed.
https://leg.colorado.gov/bills/hb19-1216
A co-pay cap on insulin in the state of Utah will help many people who wonder how they will get the one thing that they need to live.
Many of us here in Utah are struggling with the cost of insulin. One vial of insulin costs on average $300. Many type 1 diabetics use 2 to 4 vials a month.
● The price of some decades-old insulin has increased over 1200% since 1996.
● Even with insurance, people are paying an average of $1400 per month out-of-pocket for insulin alone and up to 50% of their annual income on diabetes costs.
● Between 2001 and 2015 the price of Humalog insulin increased by 585%.
● One vial of insulin can be manufactured for as little as $3.00.
● 1 in 4 people with type 1 diabetes are forced to ration their insulin due to its ever climbing price.
The insulin Co-Pay cap in Colorado has shown that it’s possible for states to take control of outrageous insulin pricing, and as a result, to save lives. It’s time for Utah to join them in protecting Utahns with diabetes from avoidable health risks.
Because of the incredibly high cost of insulin and other expensive supplies to handle their diabetes, many diabetics are forced into dire situations. Many diabetics have resorted to rationing insulin. They are risking their lives every day because they can’t afford to pay for their next vial. People are forced to choose between the insulin they need to survive, keep a roof over their head and food on the table for their families. People’s lives shouldn’t be put at risk because the insulin they require to live isn’t affordable.
As an example, my type 1 diabetic son, who was 17 at the time, rationed his insulin because we struggled to afford it. We were paying $800 a month just for insulin until we reached our $5500 deductible because NO insulin AT ALL was covered until we reached our high deductible. We lost cars, lost our home, struggled to buy food and went into medical debt trying to keep him alive. My son has a long life ahead of him with this disease and I'm going to do everything I can to make sure he'll be able to afford his life sustaining insulin in the future.
Please help all diabetics live long and healthy lives with affordable insulin. Please sign and share and let's save lives in Utah!