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Insulin Price Cap: Manufacturers Limited to $20 Per 1000 Units.

This bill establishes a fixed price ceiling for insulin sold by manufacturers in the United States. Manufacturers would be prohibited from charging more than $20 per 1000 units of insulin, regardless of the delivery method. This change aims to significantly reduce the financial burden of diabetes treatment for millions of citizens, improving access to this life-saving medication.
Key points
Sets a maximum price for insulin at $20 per 1000 units, directly lowering treatment costs for consumers.
The price limit applies to manufacturers and covers all forms of insulin delivery (vials, pens, cartridges).
The goal is to ensure greater financial accessibility to this essential drug for individuals with diabetes.
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Additional Information
Print number: 118_S_727
Sponsor: Sen. Sanders, Bernard [I-VT]
Process start date: 2023-03-09