Nebraska senator introduces bill to cap insulin price at $100 a month

LINCOLN, Neb. (KLKN) – There’s a push to lower insulin prices in Nebraska, capping the cost at $100 a month for those with private insurance.

The legislation, introduced by Sen. Tom Briese of Albion, would start in January 2024.

There’s already a $35 cap on insulin prices for those with Medicare, and some hope that this additional cap will increase access to the drug.

“An insulin cap could be very significant for individuals,” RelyCare Pharmacy manager Monty Scheele said. “They’re trying it with the Medicare individuals, but for the 21 million people that are under the Medicare age, they’re frankly and unfortunately out of luck.”

Many who can’t afford their full insulin prescription ration their supply, which could lead to serious health complications.

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