Illinois One of First U.S. States to Cap Insulin Costs

Illinois One of First U.S. States to Cap Insulin Costs

SPRINGFIELD (AP) – Illinois became one of the first states in the U.S. to limit the out-of-pocket price of insulin when Gov. J.B. Pritzker signed a measure Friday capping 30-day insulin costs at $100, regardless of the amount needed to fill a prescription.

Sen. Andy Manar, the Bunker Hill Democrat who sponsored the bill, called it the “biggest step that we can take under Illinois law.” The law takes effect Jan. 1.

Illinois’ price cap applies to state-regulated commercial insurance plans, but doesn’t affect federally regulated plans. In his push for the state insulin cap, Manar has advocated for similar action at the federal level.

“We should take this and we should celebrate this victory when the governor signs this bill,” Manar said. “And then we should keep going, because we have so much more to do when it comes to the affordability of prescription drugs.”