The cost of insulin could be lowered for Texans; the governor needs to sign the bill

According to figures revealed during the project discussions, insulin prices have increased by 1, 327% in the last 20 years

Photo: Office of James Talarcio / Courtesy

TEXAS – People with health insurance in Texas who require insulin to treat their diabetes would soon be getting good news, as long as Governor Greg Abbott signs a bill that reduces the cost of medicine.

The Texas Senate Bill 827 sets a maximum limit that state citizens will have to pay out of pocket for the cost of insulin.

That maximum established in the project is $ 25 for a supply of 30 days.

The estimates of the proponents of the initiative is that this measure would benefit about 3 million Texas residents.

According to figures, figures revealed during project discussions, insulin prices have risen ted at 1, 200% in the last 20 years.

Democratic Congressman James Talarcio said the The costs that a patient must bear to obtain this medicine are very expensive. “They charged me $ 684 out of my pocket, ”said the Austin area representative.

The initiative was strongly opposed by groups that defend pharmaceutical companies, who claim that The measure will generate an increase in the cost of medical insurance, which is rejected by Talarico.

WE DID IT !! We capped the out-of-pocket cost of insulin in Texas!

Our bill is headed to the Governor’s desk for a signature! # txlege https://t.co/EMe4zfph4n

– James Talarico (@jamestalarico) May 24, 2021

In the country they are already 15 states that enacted laws in the same sense.

According to a study by the American Diabetes Association, more than 30 millions of people in the US suffer from type 2 diabetes, which moves about $ 327 trillions per year.

One of the criticisms of this initiative is that it leaves out of its effects people who receive Medicaid or those who do not have health insurance.

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