New Mexico enacts health reforms, including cap on insulin prescriptions
SANTA FE — New Mexico's governor signed a bevy of health-related bills Wednesday that include consumer financial protections to ensure access to insulin for diabetics and new possibilities for state-marketed insurance plans that limit out-of-pocket costs.
Among four bills signed by Democratic Gov. Michelle Lujan Grisham, one caps prices paid by diabetes patients for insulin prescriptions at $25 for a one-month supply.
Bill sponsor and Democratic Sen. Daniel Ivey-Soto of Albuquerque described the state subsidy as cost-effective because it avoids crippling or life-threatening consequences for diabetics who forgo insulin when they can't afford to buy it.
Other signed legislation opens the way for New Mexico to pursue imports of prescription drugs from Canada on a wholesale basis in search of cost savings. Opioids are excluded amid an epidemic of addiction and deadly overdoses.
Read more: https://www.lcsun-news.com/story/news/local/new-mexico/2020/03/05/new-mexico-enacts-health-reforms-cap-insulin-prescriptions/4964459002/
(Las Cruces Sun-News)