Bill

Bill > H926


MA H926

Relative to consumer deductibles


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to the calculation of overall contributions to certain healthcare out-of-pocket maximums, deductibles, copayments, coinsurance, or other cost-sharing requirements. Financial Services.

AI Summary

This bill requires health insurance carriers to include third-party payments, financial assistance, discounts, product vouchers, or any other reduction in out-of-pocket expenses made by or on behalf of an insured individual when calculating the individual's overall contribution to any out-of-pocket maximum, deductible, copayment, coinsurance, or other cost-sharing requirement. The bill also allows the Division of Insurance to promulgate rules and regulations necessary to implement this provision.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H5160 (on 12/01/2020)

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