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Bill > S570


MA S570

MA S570
Relative to out-of-pocket expenses for prescription drug coverage


summary

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

Introduced Session

191st General Court

Bill Summary

For legislation relative to out-of-pocket expenses for prescription drug coverage. Financial Services.

AI Summary

This bill requires all state-regulated health insurance plans in Massachusetts, including those sold through the Commonwealth Health Insurance Connector Authority (the "Connector"), to apply the Connector's standard prescription drug cost-sharing provisions, including copayments, coinsurance, and deductibles, effective January 1, 2020. The bill exempts catastrophic plans and high-deductible health plans until the minimum annual deductible is reached. The Massachusetts Division of Insurance is tasked with promulgating regulations to implement and enforce the bill.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Accompanied a study order, see S2543 (on 02/18/2020)

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