PHILADELPHIA,
Sept. 6, 2023 – Congressman Dwight Evans (D- PA-3rd) held an event recently at Jefferson Einstein Hospital to spotlight the $35-per-month cost cap for insulin for Medicare beneficiaries that took effect as a result of the Inflation Reduction Act – some eligible patients still aren’t aware of the change.
“Four years ago, I came here to advocate for helping patients with the often-high cost of insulin. Today, I’m pleased to be back with good news!” Evans said.
“As of July, the insulin cost cap of $35 a month has fully phased in for people covered by Medicare Part D or B. Just in my district, which includes almost half of Philadelphia, this cap is helping 2,900 people on Medicare who rely on insulin. They are saving an average of $510 per year compared to 2020 prices. And I was proud to vote for the historic Inflation Reduction Act that made this happen.”
Dixie James, president of Central Region, Jefferson Health, said, “We appreciate your commitment to lowering the cost of prescriptions for Medicare beneficiaries, especially insulin. Your efforts are making a real difference in the lives of people with diabetes.”
Evans said he and President Biden both want to go further with the insulin cost cap. “He and I want to extend that life-saving protection to all Americans! In my district, about 25,000 people require daily shots of insulin to manage their diabetes. They’re also getting some help because of President Biden’s strong public advocacy. He has convinced the three largest insulin producers to cut their prices up to 75 percent. And that’s good news, once those price cuts take effect. But the president and I want to go further and expand the $35 cap to all Americans.”
Evans also welcomed the Biden administration announcement of the first 10 drugs chosen for Medicare price negotiation: “That has huge potential for savings.
It’s another important tool in the toolbox from the Inflation Reduction Act that I voted for.”
Evans represents the 3rd Congressional District, which includes Northwest and West Philadelphia and parts of North, South, Southwest, and Center City Philadelphia. He serves on the influential House Ways and Means Committee, including its Subcommittee on Health. His website is evans.house.gov, and his social media handle is @RepDwightEvans on Facebook, Twitter, Instagram, and Threads.
