Colorado's Plan for Making Insulin More Affordable

The video discusses the rising cost of insulin in the U.S., highlighting a new Colorado law capping insulin costs at $100 per month for insured diabetics. However, this cap only applies to copays, not premiums, and doesn't affect uninsured individuals. Cigna also announced a plan to cap insulin costs at $25 for its customers, but this only benefits those with Cigna insurance. The video emphasizes that insulin pricing is a nationwide issue, with most diabetics living outside Colorado and not having Cigna insurance.

What is the average monthly cost of insulin in the United States as mentioned in the video?

• $150

• $450

• $350

• $250

What is the main limitation of Colorado's new law on insulin pricing?

• It only applies to uninsured individuals.

• It is only valid for one year.

• It does not cover the cost of premiums.

• It increases the cost of other medications.

What was the previous cap on insulin prices set by Cigna before the new $25 cap?

• $41.50

• $30

• $20

• $50

What is a significant limitation of Cigna's new insulin pricing plan?

• It requires a high deductible to be met first.

• It only applies if the employer opts into the plan.

• It is only available to those without insurance.

• It is only available in Colorado.

What percentage of diabetics in the U.S. do not have Cigna insurance?

• 50%

• 75%

• 90%

• More than 99%