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Colorado becomes first state in nation to cap price of insulin

Colorado becomes first state in nation to cap price of insulin

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Old May 24th 2019, 2:43 pm
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Default Colorado becomes first state in nation to cap price of insulin

Colorado becomes first state in nation to cap price of insulin

Looks like Colorado may be beckoning.
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Old May 24th 2019, 3:46 pm
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Default Re: Colorado becomes first state in nation to cap price of insulin

Originally Posted by chawkins99
Plus legal weed and mushrooms. Some sensible legislative activity.
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Old May 24th 2019, 3:58 pm
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Default Re: Colorado becomes first state in nation to cap price of insulin

They just move the cost, not contain the cost.
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Old May 24th 2019, 4:28 pm
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Default Re: Colorado becomes first state in nation to cap price of insulin

Originally Posted by Boiler
They just move the cost, not contain the cost.
I agree. It is "a cap on what its residents can be charged for the medication. The law doesn’t limit what insulin manufacturers can charge insurance companies, and it’s expected those insurers will pay the difference".
So the drug companies just go on their merry price gouging way.
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Old May 24th 2019, 5:00 pm
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Default Re: Colorado becomes first state in nation to cap price of insulin

So what about Medicare/Medicaid/Cash buyers?
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Old May 24th 2019, 5:27 pm
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Default Re: Colorado becomes first state in nation to cap price of insulin

They should have also limited what insurance companies can be billed for it as well, should have completely capped the price of the drug.

Can get insulin for as low as $30 vial in Canada. (around $23 USD$)


Last edited by scrubbedexpat091; May 24th 2019 at 5:29 pm.
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Old May 25th 2019, 11:35 pm
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Default Re: Colorado becomes first state in nation to cap price of insulin

Am I the only one who thinks there might be a shortage of insulin in CO come 2020.
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Old May 26th 2019, 2:41 am
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Default Re: Colorado becomes first state in nation to cap price of insulin

All I can find out is that it limits the Co Pays, despite our beloved Governor saying the days of price gouging are over.

The obvious solution would be to allow imports, but then the cynical amongst us know that the bought and paid for Politicians would never allow that.
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Old May 27th 2019, 2:47 am
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Default Re: Colorado becomes first state in nation to cap price of insulin

Because capping prices solves the problem! It's an all purpose solution!
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