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Thursday, November 21, 2024

Statement By Congressman Kildee On New Cap On The Cost Of Insulin For Seniors

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Congressman Daniel T. Kildee | Rep. Daniel T. Kildee Official U.S House Headshot

Congressman Daniel T. Kildee | Rep. Daniel T. Kildee Official U.S House Headshot

FLINT—Congressman Dan Kildee (MI-08) issued the following statement after his legislation to cap the cost of insulin for Medicare Part B beneficiaries at $35 per month today went into effect:

“No senior should have to pay hundreds of dollars for medicine that costs big pharmaceutical companies just a few dollars to make. That’s why I am proud to announce this new cap, which ensures every Michigan senior on Medicare has access to affordable insulin.

“This is tremendous progress, but our work here isn’t done. As the father of a type-1 diabetic,

I have seen first-hand how the high price of insulin affects people of all ages. In Congress, I will not stop fighting until we lower the cost of this lifesaving medication for all Michiganders.

”Congressman Kildee champions efforts in Congress to cap the cost of insulin. In August, Congress passed a new law, which included Kildee’s legislation to cap insulin costs for Medicare Parts D and B beneficiaries; the new benefit for Part D beneficiaries went into effect in January. In March, Kildee introduced new legislation that would ensure no patient, regardless of their insurer, pays more than $35 a month for insulin.

Original source can be found here.

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