Stuart-Backed Insulin Price Cap to Take Effect

SPRINGFIELD, Ill. – To make lifesaving medication more affordable for diabetic Illinoisans, state Rep. Katie Stuart, D-Edwardsville, supported a new measure to cap patients’ out-of-pocket insulin costs at $100 for a 30-day supply. The new state law takes effect on Jan. 1. 

“Many patients with diabetes rely on insulin to survive and could suffer health consequences without access to the amount they need,” said Stuart. “With prescription drug costs skyrocketing, no one should have to choose between paying for vital medication or food, or have to ration their insulin to make it last longer.”

Stuart supported Senate Bill 667 which caps co-pays for insulin at $100 for a 30-day supply. According to the American Diabetes Association (ADA), the list price of insulin has nearly tripled in the last two decades, with an average price increase of 64% since January 2014.

“This legislation makes Illinois one of the first states to provide relief from the burden of astonishingly high insulin costs and is a step toward holding pharmaceutical and insurance companies accountable,” said Stuart. “I will continue to fight for everyone to have access to affordable health care.”