Insulin is a hormone produced by the pancreas that regulates blood sugar levels. Many individuals with diabetes require insulin therapy to regulate blood sugar. The different types of insulin therapies range from rapid- to long-acting and come in various delivery methods: syringe or pen, pump, and inhaler.
In 2020 the Legislature directed health plans, beginning January 1, 2021, to limit an enrollee's out-of-pocket expenses for insulin to an amount not to exceed $100 for a 30-day supply until January 1, 2023. In 2022 the Legislature amended the statute to further limit an enrollee's out-of-pocket expenses for insulin to an amount not to exceed $35 for a 30-day supply until January 1, 2024. Prescription insulin drugs must be covered without being subject to a deductible, and any out-of-pocket costs paid by an enrollee must be applied toward the enrollee's deductible obligation.
The expiration date limiting out-of-pocket expenses to $35 for a 30-day supply of insulin is removed.