Gov. Kevin Stitt indicators invoice capping copay price for insulin for Oklahomans with diabetes

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EVAN: A bill to cap insulin prices in Oklahoma will be perfect this November. GOVERNOR KEVIN STITT SIGNED THE LAW. JESSICA: IT WILL DELIVER IT IN $ 30 AND 90 DAYS

Governor Kevin Stitt signs bill to limit copay costs for insulin for Oklahomans with diabetes

Updated: 6:36 PM CDT April 21, 2021

Oklahoma governor Kevin Stitt signed a bill on Tuesday to cap insulin copay costs for Oklahoma people with diabetes. House Bill 1019 limits copay costs to $ 30 for 30-day insulin supply and $ 90 for 90-day supply for each insured prescription, according to a press release from the Oklahoma House of Representatives. Copays are currently based on individual insurance plans. HB 1019 gives the Oklahoma Insurance Commissioner the power to enforce the price cap, officials said. Read the full language of the invoice here. “Since House Bill 1019 was introduced, I’ve heard of many Oklahomans across the state who can barely afford to pay the rising costs of insulin while juggling their other bills,” said bill author Rep. Rande Worthen, R- Lawton. “This bill will save lives by making insulin affordable for those who need it. Nobody should be forced to choose between paying their rent or paying for their life-saving medication. The bill was borne in the Senate by Senator Frank Simpson, R-Springer, who campaigned for the Oklahoma diabetic community after losing his granddaughter to complications related to type 1 diabetes in Oklahomans and nearly half of them have type 1 diabetes and are dependent on insulin, ”said Simpson. “For many diabetics, having access to affordable insulin can literally mean the difference between life and death, avoiding amputation, blindness, or other serious medical problems. However, the ever-increasing prices are forcing many to ration or skip their insulin to pay for food and utilities, which is very dangerous. This bill is a step in the right direction to make insulin more affordable and improve the quality of life for diabetics in Oklahoma. “The law comes into effect on November 1st.

Oklahoma governor Kevin Stitt signed a bill on Tuesday to limit the cost of insulin for Oklahomans with diabetes.

House Bill 1019 limits the copay to $ 30 for a 30-day supply of insulin and $ 90 for a 90-day supply for each prescription covered, according to a press release from the Oklahoma House of Representatives. Copays are currently based on individual insurance plans. HB 1019 gives the Oklahoma Insurance Commissioner the power to enforce the price cap, officials said.

Read the full language of the invoice here.

“Since House Bill 1019 was introduced, I’ve heard of many Oklahomans across the state who can barely afford to pay the rising costs of insulin while juggling their other bills,” said bill author Rep. Rande Worthen, R- Lawton. “This bill will save lives by making insulin affordable for those who need it. Nobody should be forced to choose between paying their rent or paying for their life-saving medication. ”

The bill was borne in the Senate by Senator Frank Simpson, R-Springer, who, according to the press release, stood up for the Oklahoma diabetic community after losing his granddaughter to complications related to type 1 diabetes.

“Diabetes affects more than 450,000 Oklahomans, and nearly half of them have type 1 diabetes and are insulin dependent,” said Simpson. “For many diabetics, having access to affordable insulin can literally mean the difference between life and death, avoiding amputation, blindness, or other serious medical problems. However, the ever-increasing prices are forcing many to ration or skip their insulin to pay for food and utilities, which is very dangerous. This bill is a step in the right direction to make insulin more affordable and improve the quality of life for diabetics in Oklahoma. “

The law comes into force on November 1st.