Cost of Prescription Insulin Drugs Capped

On May 22, 2019, Gov. Polis signed HB19-1216. The law is effective January 1, 2020, and requires entities providing coverage for prescription insulin drugs through a Colorado health plan to cap the amount that a person covered by the plan must pay out-of-pocket for a 30 day supply of insulin to $100, regardless of the amount or type needed to fill the person’s subscription.

The law imposes no new employer compliance obligations, but employers with fully insured plans should be aware of this law.

Insulin Cap Law  »