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SC H5113

SC H5113
Prescription insulin drug


summary

Introduced
02/05/2020
In Committee
02/05/2020
Crossed Over
Passed
Dead
09/24/2020

Introduced Session

123rd General Assembly

Bill Summary

Amend The Code Of Laws Of South Carolina, 1976, By Adding Section 38-71-48 So As To Define "prescription Insulin Drug" And Require All Individual And Group Health Insurance, Health Maintenance Organizations, And The State Health Plan To Cap An Insured's Monthly Cost-sharing Obligation For Covered Prescription Insulin Drugs.

AI Summary

This bill amends the Code of Laws of South Carolina to define "prescription insulin drug" and require all individual and group health insurance plans, including the State Health Plan, to cap the monthly cost-sharing obligation for covered prescription insulin drugs at $100 per 30-day supply, regardless of the amount or type of insulin needed. The Department of Insurance is authorized to adopt rules and regulations to administer this provision, and the law applies to health insurance plans issued, renewed, delivered, or entered into after June 30, 2020.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

Member(s) request name added as sponsor: Rutherford (on 03/10/2020)

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