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Bill > H0109


FL H0109

FL H0109
Prescription Insulin Drugs


summary

Introduced
12/22/2020
In Committee
01/20/2021
Crossed Over
Passed
Dead
04/30/2021

Introduced Session

2021 Regular Session

Bill Summary

An act relating to prescription insulin drugs; creating ss. 627.64085 and 627.65746, F.S.; defining the term "prescription insulin drug"; requiring individual and group health insurance policies, respectively, to cap an insured's monthly cost-sharing obligation for covered prescription insulin drugs at a specified amount; providing that coverage for prescription insulin drugs may not be subject to a deductible; providing construction; authorizing the Financial Services Commission to adopt rules; amending s. 627.6699, F.S.; requiring health benefit plans covering small employers to comply with such requirement; amending s. 641.31, F.S.; defining the term "prescription insulin drug"; requiring health maintenance contracts to cap a subscriber's monthly cost-sharing obligation for covered prescription insulin drugs at a specified amount; providing that coverage for prescription insulin drugs may not be subject to a deductible; providing construction; authorizing the commission to adopt rules; providing an effective date.

AI Summary

This bill creates new sections in the Florida statutes to cap the monthly cost-sharing obligation for prescription insulin drugs at $100 per 30-day supply for individuals and group health insurance policies, as well as health maintenance contracts. The bill defines "prescription insulin drug" as a prescription drug containing insulin that is used to treat diabetes and has been prescribed as medically necessary. The coverage for prescription insulin drugs cannot be subject to a deductible. The bill also requires health benefit plans covering small employers to comply with the $100 monthly cost-sharing cap. The Financial Services Commission is authorized to adopt rules to administer these new provisions, which will take effect on January 1, 2022.

Committee Categories

Budget and Finance

Sponsors (17)

Last Action

Died in Finance & Facilities Subcommittee (on 04/30/2021)

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