AARP urges Iowa lawmakers to advance cap on out-of-pocket insulin costs
The proposal, House File 2138, has been approved by the
A recent study showed almost 261,000 Iowans have prediabetes or diabetes, and the cost of insulin has increased nearly 40 percent over five years, according to AARP Iowa State Director
"We need to pass legislation at the state level to begin addressing these outrageous drug costs, and this legislation to cap insulin costs is a step in the right direction," Anderson said Tuesday. "With the funnel deadline rapidly approaching, the time to act is now."
The
Nothing in politics gets done without people coming forward to share their stories, Anderson said. And HF 2138 is no exception, according to Sen.
"Nobody should be unable to afford insulin or have it cost a life," Koelker said.
House
"It can be difficult to get all interested parties on the same page," she said. "Last year I recommended that all interested parties come together to provide a solution to this pressing issue and the result is a very good bill that will protect insulin consumers at the point of sale."
At a Statehouse news conference Tuesday,
"Sometimes I don't take my meds for a couple of days at the end of the month," Maday said.
The
--Over the last 14 years, out-of-pocket costs of many insulin brands jumped 555 percent.
--From 2012-16, the average cost of insulin rose from
--Medical expenses for people with diabetes are 2.3 times higher than for those without.
HF 2138 has broad support from hospitals, health care groups and some insurance interests. No lobbying group is registered against it, but that doesn't necessarily mean there is enough support to pass it,
HF 2138 would apply to insurance plans the state regulates, including individuals plans and those that cover state employees, Carroll said.
"That creates a bit of pressure on the marketplace," he said, which can lead other insurers to follow suit.
The
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