People with diabetes won't pay more than $100 a month out of pocket for the drug under a new law.
Beginning in January, Colorado residents who have diabetes won’t pay more than $100 a month out of pocket for insulin. Gov. Jared Polis on Wednesday signed legislation setting a cap on the medication’s costs, making Colorado the first such state to do so.
“Today we will finally declare that the days of insulin price-gouging are over in Colorado,” Polis said at a signing ceremony covered by CBS Denver. Insulin has become a prime example of runaway drug prices in the United States. Colorado legislators laid out the problem in the text of the bill, stating that insulin prices have increased 555% in the last 14 years, even with inflation taken into account.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Colorado is the first state to cap skyrocketing insulin co-paysColorado Gov. Jared Polis signed a bill into law 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 the new law.
Read more »
New York Lawmakers Considering a Ban on Reading This Article While Crossing a StreetNew York could become the first state to ban so-called “distracted walking”. The bill would prohibit using phones while crossing the street.
Read more »
Messi finishes Europe's top scorer for third straight yearLionel Messi has become the first player to win Europe's Golden Shoe award ...
Read more »
Turkey's EU membership would 'greatly contribute' to both sides - UK envoySpeaking to Anadolu Agency, UK envoy to Ankara said that Turkey 'would be a very successful state of the EU, make a big contribution and benefit hugely from EU membership.'
Read more »
Scandal: Trump is first President to indict press for espionageThe Trump administration has become the first administration to ever charge a publisher with “espionage.” MSNBC Chief Legal Correspondent, Ari Melber, breaks down how the Justice Department’s new indictment of Wikileaks founder Julian Assange directly challenges press freedom and the first amendment and alleges activities by Wikileaks that many American journalists engage in. New York Times National Security reporter, Charlie Savage, say the new indictment from the Trump administration does not stay “away from traditional journalistic activity.”
Read more »
Nevada bans so-called gay and trans panic defensesNevada has become the fourth state to prohibit the use of so-called gay and trans panic defenses, following California, Rhode Island and Illinois.
Read more »
Nevada bill giving electoral votes to popular-vote winner heads to governor's deskNevada will send legislation to the governor's desk that would give the state's Electoral College votes to the winner of the popular vote -- and could become the 15th state to do so.
Read more »