Today Senate Republicans passed legislation to assist diabetics with the high cost of insulin through a safety net program for emergencies and a long-term assistance program.
“I hope people needing this life-saving medicine will rest easier knowing this safety net is in place,” said Senator Mike Goggin (R-Red Wing). “I appreciate all the work that led to this bill. This is a product of bipartisanship and unwavering dedication to Minnesotans.”
The bill requires insulin manufacturers to provide a 30-day supply of insulin for free to individuals in urgent need but struggling to afford the life-saving drug. An application for assistance is based on standardized requirements and must be approved or denied within ten days.
In 2019, Senate Republicans instituted reforms to address the cost and emergency needs of insulin and other life-saving drugs. Pharmacies are obligated to provide a 30-day supply if a prescription runs out and the patient needs a refill before they can see their doctor for a renewal. Legislation in 2019 also stopped health plans from charging patients more than the wholesale cost of insulin to prevent profiteering off the drug and required Pharmacy Benefit Managers to regularly communicate discounts and rebates with the pharmacy for the patient to use first.
The Senate is leading the fight to reduce the costs of health care and prescription drugs with innovation. In 2017, Minnesotans had limited options, fewer providers, and double-digit cost increases in the health insurance market. The Minnesotan Reinsurance plan stabilized the costs, opened up more options, especially for rural communities, and has become a model program for other states.