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Illinois lawmakers cap rising cost of insulin

By WJBD Staff May 31, 2023 | 8:38 AM

Illinois lawmakers have voted to cap the rising cost of insulin.

The legislature passed a bill limiting the cost of a 30-day supply of insulin to $35.  It was sponsored by Sen. Laura Murphy of Des Plaines who says although more than one million Illinoisans need the medication, some just can’t afford it.

“In 2012 a prescription averaged $344.  In 2016 it nearly doubled to $666.  That’s a 92% increase in the cost of insulin.”

About 1 in 12 Illinoisans have insulin-dependent diabetes.  This applies to all individual private and group health insurance.  The Governor still needs to sign this bill into law.