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Nevada lawmakers fast-track bill to cap insulin cost to $35 for private insurance

Democratic Assembly Speaker Steve Yeager presented AB 555 to cap insulin copays at $35 per 30-day supply under private insurance on May 21, 2025, in Carson City, Nevada.
Lucia Starbuck
/
KUNR Public Radio
Democratic Assembly Speaker Steve Yeager presented AB 555 to cap insulin copays at $35 per 30-day supply under private insurance on May 21, 2025, in Carson City, Nevada.

Nevada lawmakers are fast-tracking a bill that would lower prescription costs for people with diabetes.

Assembly Bill 555 would cap the out-of-pocket cost for insulin at $35 for a 30-day supply for people insured with private health insurance. Right now, that limit is just for Medicare recipients.

During the hearing, Democratic Assembly Speaker Steve Yeager said some Nevadans pay up to $500 per month for insulin.

“Through this legislation, we’d be lowering costs for Nevadans, making sure they don’t have to choose between necessary life-saving medicine and basic necessities such as groceries, gas or utilities,” Yeager said.

Americans for Prosperity-Nevada opposed the bill, stating that price control could reduce competition, disrupt supply and increase cost elsewhere to offset the change.

Twenty-six other states have limits on insulin copays under commercial insurance, ranging from zero to $100 a month.

The Nevada Division of Insurance estimates 70,000 Nevadans could be directly impacted by this bill.

Lucia Starbuck is an award-winning political journalist and the host of KUNR’s monthly show Purple Politics Nevada. She is passionate about reporting during election season, attending community events, and talking to people about the issues that matter most to them.

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