Colorado becomes first state to put cap on rising insulin prices

CBS News

24 May 2019 - In the latest pushback against surging insulin prices, Colorado has become the first state in the nation to put a cap on the cost of the medication.

Colorado Governor Jared Polis signed legislation Wednesday capping co-payments on insulin for Americans with private insurance at $100 per month. That ceiling is way under the typical cost of the medicine, which can range from $600 to $900 per month.

"The days of insulin price gouging are over in Colorado," Polis said.

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Michael Wonder

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Michael Wonder