Wisconsin bill would cap price of insulin

Wisconsin bill would cap price of insulin
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Insulin costs would be capped in Wisconsin under a bill introduced by a group of Democrats this week.

The bill would cap the price of insulin at $100 for a 30-day supply, a similar measure to one signed into law in Colorado earlier this year.

“Diabetic people need insulin no differently than you and I need food and water,” said Rep. Jimmy Anderson, D-Fitchburg. “Yet, up to 25 percent of diabetic people are forced to ration or altogether skip vital doses because they cannot afford their prescribed amount.”

A coalition of WI lawmakers has introduced a bill to cap insulin prices at $100 for a 30-day supply– similar to a measure passed in CO earlier this year. #news3now

— Jessica Arp (@news3jessica) July 24, 2019

The measure is authored by Anderson, Sen. Dave Hansen, D-Green Bay, Rep. Jill Billings, D-La Crosse, and Rep. Katrina Shankland, D-Stevens Point.

The price of insulin has skyrocketed over the last 10 years. It went from $4.34 per milliliter in 2002 to $12.92 per milliliter in 2013, according to a study published in the medical journal JAMA in 2016.

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