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Medicare insulin fills increased after Inflation Reduction Act’s $35 out-of-pocket cap
Two bottles of insulin are seen at the home of Jack Christensen. Humalog, left, costs about $400 a bottle and Novolog, right, costs about $300 a bottle, his parents said. Jack uses three to four bottles of insulin a month. Without insurance, the family estimates they would have to pay between $15,000 to $30,000 a year for insulin.
More Medicare enrollees got their insulin prescriptions filled following the Inflation Reduction Act’s $35 cap on out-of-pocket expenses for the medicine compared to the prior year, according to a new study co-authored by a University of Wisconsin researcher.