Maryland Gov. Larry Hogan signed legislation this week to limit insulin costs for people living with diabetes, according to The Baltimore Sun.
, sets a monthly co-payment cap of $30 for a 30-day supply of insulin for those on state-regulated commercial health insurance plans. It will apply to all insurance policies issued or renewed in Maryland for 2023.
The American Diabetes Association applauded Maryland’s new law as a “critical action that will help save lives.” One in four Americans with diabetes has reported that they rationed insulin during the pandemic, the association said. Even those who haven’t rationed insulin have faced rising medication costs alongside the increasing costs of their rent or mortgage, groceries and energy bills, the association said. Now about 20 states and the District of Columbia have set price caps to help people with diabetes afford insulin and reduce their risk for dangerous complications.
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