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Assembly passes SB 40 to cap insulin co-payments at $35 for 30-day supply
Summary
The Assembly passed SB 40, presented on the floor as the Insulin Affordability Act, which sponsors described as capping co-payments for insulin at $35 for a 30-day supply and removing step-therapy barriers; the measure passed with broad support on the floor.
The Assembly passed SB 40, the Insulin Affordability Act, after the floor sponsor described the measure as a way to reduce cost-related underuse of insulin. Assemblymember Baines presented the bill on behalf of Senator Weiner and told members the measure would cap co-payments for a 30-day supply of insulin at $35 and require insurers and health plans to make insulin available without…
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