By Scott Maucione

Published December 30, 2022 at 6:00 AM EST

EXCERPT: Hundreds of thousands of Maryland residents with diabetes will have one less thing to stress about in the New Year: the volatile cost of insulin, a lifesaving medication that enables chronically ill people with diabetes to keep their blood sugar in a safe range. That’s because new laws at the state and federal level cap the price of insulin for patients who are covered by Medicare and those with commercial insurance policies. In August, Congress passed the Inflation Reduction Act, a wide-ranging law that mandates all individuals covered by Medicare won’t pay more than $35 for a month’s supply of insulin, or $420 each year.

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Last modified: January 4, 2023