January 5, 2023
“The Insulin Cost Reduction Act, signed into law by Gov. Larry Hogan (R) last spring, does more than the Inflation Reduction Act, a federal law that only covers those 65 or older on Medicare for an insulin cap of $35. The federal law also took effect Jan. 1.
The Insulin Cost Reduction Act covers Marylanders with state-regulated commercial health insurance plans and provides 30 days’ worth of insulin. It does not cover those who are uninsured…
Vincent DeMarco, president of the Maryland Health Care for All Coalition, is excited to see progress in reducing drug costs in Maryland but emphasized that more work must be done.
“We’re happy to celebrate the success of the insulin co-pay caps, but these are important first steps. We’re going to do much more at the federal and state level to make high-cost drugs more affordable,” DeMarco said.
“Our message is drugs don’t work if people can’t afford them, and these laws at the federal and state level will help thousands, but there’s more to do.”
Read the full article at Maryland Matters.Last modified: January 10, 2023