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%Begin New Mexico Caps Insulin Costs Plans to Import Medicines Javascript must be enabled to use this site. Please enable Javascript in your browser and try again.
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New Mexico Caps Insulin Costs Plans to Import Medicines
AARP-supported Rx bills working their way through statehouses across the country
Getty Images New Mexico Gov.
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Michelle Lujan Grisham has signed two bills into law designed to give her residents a break from the soaring costs of prescription drugs. One measure will cap copays and out-of-pocket expenses for insulin at $25 per prescription per month, and the other paves the way for the state to get federal permission to begin importing medicines from Canada. New Mexico's cap becomes the lowest in the country.
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Illinois adopted a $100 ceiling on monthly insulin prescriptions this year, following on the heels of Colorado, which adopted the same cap last year. Nineteen states are considering measures to address the high cost of insulin. Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine.
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"This law ends an unacceptable dilemma for thousands of New Mexicans with diabetes forced to choose between lifesaving insulin and other expenses,” Grisham said Wednesday as she signed the legislation. More than 14 percent of New Mexicans have diabetes, according to the American Diabetes Association.
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The drug importation legislation Grisham signed directs state health officials to develop a plan to submit to federal officials by Dec. 15 of this year.
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With enactment of this legislation, New Mexico joins Vermont, Maine, Colorado and Florida in passing legislation that calls for importing lower-cost prescription drugs from Canada and, in some cases, other countries. Although federal law allows for drug importation, the U.S. Department of Health and Human Services (HHS) has never approved such a program.
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Late last year, HHS officials unveiled a plan to give states, wholesalers and pharmacies a pathway to . That proposal has not been made final. "These bills are about providing New Mexicans with increased access to affordable prescription drugs as part of AARP's national effort to stop Rx greed,” says DeAnza Valencia, AARP New Mexico's associate director for advocacy.
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The state bill to cap insulin was sponsored by Rep. Micaela Cadena and Sen.
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Daniel Ivey-Soto, and the drug importation measure was authored by Sen. Mary Kay Papen and Rep. Debbie Armstrong.
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The two bipartisan New Mexico bills and Illinois’ capping of insulin prices brings to three the number of state measures designed to curb runaway prescription drug prices adopted so far in 2020. Beginning in 2019, AARP launched its aimed at convincing federal and state officials and lawmakers to enact policies and laws that will help provide Americans with lower-priced prescription drugs. AARP Membership — $12 for your first year when you sign up for Automatic Renewal Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine.
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More on politics-society AARP Membership — $12 for your first year when you sign up for Automatic Renewal Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine. AARP VALUE & MEMBER BENEFITS See more Health & Wellness offers > See more Flights & Vacation Packages offers > See more Finances offers > See more Health & Wellness offers > SAVE MONEY WITH THESE LIMITED-TIME OFFERS
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