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HB19-1216

Reduce Insulin Prices

Concerning measures to reduce a patient's costs of prescription insulin drugs, and, in connection therewith, making an appropriation.
Session:
2019 Regular Session
Subject:
Health Care & Health Insurance
Bill Summary

Prescription insulin drugs - 30-day supply - cost-sharing cap - appropriation. Effective January 1, 2020, the act caps the cost sharing a covered person is required to pay for prescription insulin drugs at $100 per 30-day supply of insulin.

The act requires the department of law to investigate the pricing of prescription insulin drugs and submit a report of its findings to the governor, the commissioner of insurance, and the judiciary committees of the senate and house of representatives.

$26,054 is appropriated to the department of regulatory agencies for use by the division of insurance to implement the act.


(Note: This summary applies to this bill as enacted.)

Status

Introduced
Passed
Became Law

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Bill Text

The Colorado Senate and House of Representatives will not convene on Monday, January 20, 2025 in observance of Dr. Martin Luther King Jr. day.

The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details