The Affordable Insulin Now Act is a bill in the United States Congress intended to cap out-of-pocket insulin prices under private health insurance and Medicare at no more than $35 per month.[1]

The bill was first introduced on February 25, 2022, by Representative Angie Craig (D-MN).[2] On March 31, 2022, the bill passed the House of Representatives, 232–193.[3][4][5]

A version of the bill contained in the Inflation Reduction Act (IRA) for private health insurance was blocked by Senate Republicans on August 8, 2022.[6][7] However, the inflation reduction legislation did cap out-of-pocket insulin cost at $35 per monthly prescription for the following:[8]

  • Medicare Part D enrollees, which was legislated at effective on January 1, 2023.
  • Medicare Part B enrollees, which was effective starting on July 1, 2023.

References

  1. ^ "Sen. King advocates for bill to cap insulin cost". newscentermaine.com. March 23, 2022. Retrieved 2022-03-30.
  2. ^ Craig, Angie (2022-02-25). "H.R.6833 - 117th Congress (2021-2022): Affordable Insulin Now Act". www.congress.gov. Retrieved 2022-03-30.
  3. ^ "Affordable Insulin Now Act could lower insulin cost to $35". 10tv.com. March 31, 2022. Retrieved 2022-04-01.
  4. ^ Washington, U. S. Capitol Room H154; p:225-7000, DC 20515-6601 (2022-03-31). "Roll Call 102 Roll Call 102, Bill Number: H. R. 6833, 117th Congress, 2nd Session". Office of the Clerk, U.S. House of Representatives. Retrieved 2022-04-01.{{cite web}}: CS1 maint: numeric names: authors list (link)
  5. ^ "Insulin Gets Step Closer to $35 Cap as House Passes Measures". MSN. 31 March 2022. Retrieved 2022-04-01.
  6. ^ Quinn, Melissa (2022-08-08). "Senate Republicans block $35 cap on price of insulin from Inflation Reduction Act - CBS News". www.cbsnews.com. Retrieved 2024-02-15.
  7. ^ Republicans Force Removal of Insulin Cap for Private Insurers - The New York Times (nytimes.com)
  8. ^ "Insulin Affordability and the Inflation Reduction Act: Medicare Beneficiary Savings by State and Demographics". ASPE. 2023-01-24. Retrieved 2024-10-13.
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