Maycumber legislation to limit insulin costs signed into law

'This bill allows patients to keep more of their money and provides some measure of certainty about the cost of insulin moving forward,' says Maycumber

Governor Jay Inslee signed legislation today that will provide immediate financial relief for families struggling with the cost of life-saving insulin. House Bill 2662, sponsored by 7th Legislative District Rep. Jacquelin Maycumber, will also create a task force to determine why the price of insulin has risen nearly 500% in the last decade.

“Especially now, with so many families struggling to make ends meet under the governor's 'Stay home, stay healthy' orders, families need financial relief wherever they can find it,” said Maycumber, R-Republic. “With this legislation, families and individuals who depend on insulin to survive will pay no more than $100 for a 30-day supply. This bill allows patients to keep more of their money and provides some measure of certainty about the cost of insulin moving forward.”

The price cap for insulin will be in effect for the next two years while the Total Cost of Insulin Work Group is formed, meets and reports back to the Legislature its findings.

“It's important people understand that we're also taking a very hard look at why costs have increased,” Maycumber said. “This legislation had to have a short- and long-term component to it. Families need relief now, but we also need to know why costs have gone up for U.S. citizens, what our neighbors to the north and south are paying for insulin, and whether or not we're subsidizing their costs.”

Maycumber, whose son was recently diagnosed with diabetes, thanked her legislative colleagues for working alongside her to get the bill through the legislative process.

“The new Speaker of the House was instrumental in getting this across the finish line,” Maycumber said. “She has diabetes as well and knows firsthand what it's like to live dependent upon insulin. My bill had broad bipartisan support and I'm very pleased the governor signed it into law.”

The 60-day 2020 session ended March 12.

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Washington State House Republican Communications
houserepublicans.wa.gov