Shaheen Introduces $35 Insulin Cap Bill for Employer Plans With 26 Bipartisan Senate Backers
Updated
Updated · Fox News · Jun 15
Shaheen Introduces $35 Insulin Cap Bill for Employer Plans With 26 Bipartisan Senate Backers
3 articles · Updated · Fox News · Jun 15
Summary
$35 a month is the cap proposed in the new INSULIN Act for Americans with employer-sponsored insurance, while the bill also seeks to help uninsured patients obtain cheaper insulin.
8.4 million Americans use insulin, and as many as 1 in 5 have rationed it because of cost, Shaheen said, arguing families should not face higher prices based on insurance status.
Medicare's existing insulin cap is the model: a Johns Hopkins analysis found the share of beneficiaries paying $35 or less rose from 48% in 2019 to 75% in 2023, while average out-of-pocket costs fell by more than half.
26 senators — 13 Republicans and 13 Democrats, including Susan Collins, Raphael Warnock and John Kennedy — are backing the measure, reflecting broad political support for lowering insulin costs.