Panel advances bill to cap out-of-pocket costs for insulin

FRANKFORT, Ky. (AP) – Kentucky lawmakers are advancing a bill aimed at easing the financial struggles of many people with diabetes by capping their out-of-pocket costs for insulin.

The measure sailed through the Senate Banking and Insurance Committee on Tuesday. It goes to the full Senate next.

The panel amended the House-passed bill to reset the limit on out-of-pocket costs at $35 per prescription for a 30-day insulin supply.

The cap would apply to state-regulated health plans.

The bill has bipartisan support in a state plagued by high rates of diabetes.

Its main sponsors are Republican Rep. Danny Bentley and Democratic Rep. Patti Minter.