New law sets cap on insulin prices
A bill signed yesterday {July 16} by Governor Sununu will cap the price of insulin for patients.
The bipartisan effort offers a suite of healthcare reforms, including a limit of $30 on copayments for each 30-day supply of insulin and a provision that requires insurance companies to cover epinephrine auto-injectors, which are used in the case of an allergic reaction.
This change follows several states who have passed similar measures in the last few months, such as New York, Maine, and Washington. However, New Hampshire’s cap is one of the lowest in the country, only rivaled by Utah which also has a $30 cap.
Critics worry that increased restrictions on insurance companies will ultimately cause the prices of premiums to rise, as companies look for ways to recuperate their lost revenue.
Read more: https://www.concordmonitor.com/insulin-cap-price-new-hampshire-35269130
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