Health Law & Business News

Insulin Co-Pay Cap Headed to New Mexico Governor

Feb. 20, 2020, 2:46 PM

New Mexicans with health insurance would have their co-pays for insulin capped at $25 a month per prescription under a measure headed to the governor.

The state Senate on Wednesday passed the bill (H.B. 292) on a 40-1 vote. Earlier this month, the state House passed it 61-2.

Gov. Michelle Lujan Grisham (D) issued a statement calling the bill’s passage “an incredibly positive development” for people with diabetes.

The cost of insulin tripled between 2002 and 2013, and about 25% of insulin-dependent diabetics have at some point rationed their supply due to the high cost, according to the American...

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