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IA HF263

IA HF263
A bill for an act relating to insurance coverage for prescription insulin drugs, and including applicability provisions.(Formerly HSB 50.)


summary

Introduced
01/28/2021
In Committee
02/09/2021
Crossed Over
02/08/2021
Passed
Dead
05/24/2022

Introduced Session

89th General Assembly

Bill Summary

A bill for an act relating to insurance coverage for prescription insulin drugs, and including applicability provisions.(Formerly HSB 50.)

AI Summary

This bill aims to cap the total out-of-pocket cost-sharing that a covered person must pay per prescription filled for certain types of prescription insulin drugs, such as rapid-acting, short-acting, intermediate-acting, and long-acting insulin, to an amount not exceeding $100 for up to a 31-day supply. The bill applies to various types of third-party payment provider contracts, policies, or plans, but excludes certain types of insurance coverage like accident-only or disability income insurance. The bill also provides that it applies to contracts, policies, or plans delivered, issued, continued, or renewed in Iowa on or after January 1, 2022.

Committee Categories

Labor and Employment

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Human Resources (House)

Last Action

Subcommittee recommends passage. (on 03/17/2021)

bill text


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