Politics & Government

‘Days Of Insulin Price Gouging Are Over’: Gov. Signs Insulin Bill

Colorado's "price cap" bill is first in the nation to limit co-pays for critical drug to $100 per month.

(CBS)

DENVER (CBS4) – Colorado became the first state in the country to put a price cap on insulin medications for those with private insurance, Wednesday. Gov. Jared Polis signed a bill in to law that caps co-pays for those with private insurance at $100, well under the $600-to-$900 range many were paying per month.

“Today, we will declare that the days of insulin price gouging are over in Colorado,” Polis said in his office.

The room was packed with Coloradans impacted by diabetes including the bill’s sponsor, State Rep. Dylan Roberts. He lost his brother, Murphy, three years ago. Murphy Roberts lived with type 1 diabetes.

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Gov. Jared Polis signs insulin "price cap bill" in Denver May 23, 2019 (CBS)
Gov. Jared Polis signs insulin "price cap bill" in Denver May 23, 2019 (CBS)

Find out what's happening in Denverfor free with the latest updates from Patch.