Gov. Hochul signs law to reduce cost of EpiPens
It’s now easier for New Yorkers to get EpiPens.
Gov. Kathy Hochul signed a new law requiring health insurers to cover them.
It also caps the amount consumers will be required to pay out-of-pocket at $100.
EpiPen devices are used to treat life-threatening allergic reactions in individuals who are at risk or have a history of anaphylaxis.
“For people with severe allergies, immediate access to an Epi-Pen device can mean the difference between life and death,” said Gov. Hochul in a statement. “When every second counts, the last thing New Yorkers should have to worry about is whether they can afford the medication they need to survive an anaphylactic reaction.”
EpiPens expire after 12 months on average, requiring New Yorkers to buy the medicine over and over. While a single EpiPen once cost $60, packs of two can now sell for $600.