Cheaper insulin coming if you’re on Medicare

Seems as though we’ve been hearing about it forever, but it looks like capping insulin at $35/month is about to become true for people on Medicare. The Democrats budget reconciliation package passed the Senate and is off to the Democratic-controlled House for approval.

The bill empowers Medicare to negotiate prices for certain costly medications including insulin. The bill also redesigns Medicare’s Part D drug plans so seniors wouldn’t pay more than $2,000/year for medications bought at the pharmacy. For more details, check here.

Unfortunately, although Democrats put into the bill a cap on insulin at $35/month for those on private insurance as well, Republicans took it out of the bill. For more details on the bill, you can take a look at “What’s in the Manchin-Schumer deal on climate, health care and taxes.”

2 thoughts on “Cheaper insulin coming if you’re on Medicare

  1. Pingback: Cheaper insulin coming if you’re on Medicare – Diabetic Daily

  2. Pingback: Cheaper insulin coming if you’re on Medicare - My Teens Heath

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s