Understanding Medicare's $35 Insulin Rule
Alan Arnfield wasn’t looking for fame, but he received ample press attention after participating in a recent White House announcement on major changes to Medicare insulin pricing caps. The upstate New Yorker with type 2 diabetes (T2D) says he simply responded to an email seeking comment about Medicare beneficiaries struggling to afford insulin. That led to a short video that played during a May 26, 2020, briefing by President Donald Trump in the Rose Garden, as part of the announcement of a new $35 insulin copay cap for certain Medicare plans starting in 2021. There's been a lot of excitement about this move marking an end to skyrocketing insulin prices, which have led to a crisis for many patients , and even some deaths. But of course, this initial price cap is limited to a specific group of seniors. “For me on Medicare’s Part D prescription plan, this will result in savings," says 68-year-old Arnfield. But he's still concerned about his two adult sons living...