ICYMI: American Diabetes Association Endorses Senator Reverend Warnock’s Legislation to Cap Out-Of-Pocket Costs for Insulin

The American Diabetes Association (ADA), the most prominent diabetes organization in the nation, recently announced its endorsement of Senator Reverend Warnock’s Affordable Insulin Now Act

The bill would require insurers to cap patient out-of-pocket costs for insulin at $35 per month

The ADA: “It’s time we make insulin affordable for millions of Americans!”

 Over one million Georgia patients, or more than 12% of state’s adult population, are living with diabetes, this legislation will make the costs of insulin more affordable.

ICYMI from 11ALIVE: “Warnock-sponsored legislation to cap insulin prices gets major endorsement”

Washington, D.C. – This week, U.S. Senator Reverend Raphael Warnock (D-GA) received a ringing endorsement of his Affordable Insulin Now Act from the prominent American Diabetes Association. On Wednesday, the organization issued a statement on Twitter, saying: “ADA has endorsed legislation introduced by US Sen. Rev. Raphael Warnock creating a national co-pay cap on insulin. Let’s do this thing! It’s time we make insulin affordable for millions of Americans!”

The Affordable Insulin Now Act will require Medicare plans and private group or individual plans to cap patients’ out-of-pocket costs for insulin at $35 per month. This will lower costs for insulin users and save money for hardworking Georgians and Americans—many who are paying exorbitantly from their own pockets for insulin and other diabetic treatments. According to one estimate, diabetics spend close to $6,000 annually on insulin alone. This is all while costs for insulin are going up and manufacturers of the drug are pocketing more revenue from insulin sales than in prior decades.

Highlights below from Atlanta’s 11 Alive News on the American Diabetes Association’s endorsement of the Affordable Insulin Now Act:

  • “Sen. Rev. Raphael Warnock received an endorsement Wednesday from arguably the country’s most prominent diabetes organization for a piece of legislation that would aim to put a hard cap on insulin costs.”
  • “The American Diabetes Association said it was endorsing the Affordable Insulin Now Act, introduced last week by Sen. Warnock and co-sponsored by several other Democrats in the Senate.”
  • “The aim of the bill would be to require Medicare as well as private insurance plans to cap insulin costs at $35 a month.”
  • “’Let’s do this thing! It’s time we make insulin affordable for millions of Americans!’ the ADA tweeted on Wednesday.”
  • “In his own tweet Warnock said that diabetes is ‘not a partisan issue.’”

Read the full story HERE.