Medicare Caps Insulin for Part D Coverage at $35 per month in 2023

Starting in 2023, the cost of a one-month supply of each Part D-covered insulin will be capped at $35, and patients will not have to pay a deductible for insulin. This applies to everyone who takes insulin.

For insulin used with a traditional insulin pump that is covered under the Medicare durable medical equipment benefit, patients pay 20% of the Medicare-Approved Amount after they meet the Part B deductible.  Patients pay 100% for insulin-related supplies (like syringes, needles, alcohol swabs, and gauze), unless they have Part D.

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