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WI SB340

WI SB340
Cost sharing for insulin under health insurance policies and plans.


summary

Introduced
08/08/2019
In Committee
08/08/2019
Crossed Over
Passed
Dead
04/01/2020

Introduced Session

2019-2020 Regular Session

Bill Summary

An Act to renumber and amend 632.895 (6); to amend 609.83 and 632.895 (6) (title); and to create 632.895 (6) (b) of the statutes; Relating to: cost sharing for insulin under health insurance policies and plans.

AI Summary

This bill amends Wisconsin statutes to limit the cost-sharing (deductibles, copayments, or coinsurance) that insurance policies and self-insured health plans can impose on insulin. It sets a maximum cost-sharing of $100 per one-month supply of insulin, or a higher amount based on the policy's or plan's costs and rebates for insulin. The bill also requires the Wisconsin Commissioner of Insurance to investigate insulin pricing and submit a report on their findings and policy recommendations by January 2021.

Committee Categories

Justice

Sponsors (28)

Last Action

Failed to pass pursuant to Senate Joint Resolution 1 (on 04/01/2020)

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