Medicare recipients now will pay no more than $35 a month for the drug.
Medicare recipients won’t have to pay more than $35 a month for insulin, and that should save nearly 40,000 New Jersey residents an average of $511 a year, the U.S. Department of Health and Human Services said Tuesday.
“No one should have to skip or ration their insulin because they cant afford it,” HHS Secretary Xavier Becerra said on a conference call with reporters from local news organizations, including NJ Advance Media. “These are the kinds of savings that will give people a little bit of breathing room.”The new law capped monthly insulin costs at $35 beginning Jan. 1 for those enrolled in a Medicare Part D prescription drug program.
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