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Bill > S666


MA S666

Limiting out of pocket health expenses


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation to limit out of pocket health expenses. Financial Services.

AI Summary

This bill aims to limit out-of-pocket health expenses for active and retired employees, their dependents, and survivors of deceased employees, including municipal subscribers. It would cap the maximum amount of deductibles and copayments for covered services during an enrollment year at $2,500 for individual coverage and $5,000 for family coverage. The bill also amends existing laws to align the cost-sharing plan design features offered by public authorities with those of the Group Insurance Commission's non-Medicare and Medicare plans, and to ensure any excess premium payments made by the Commonwealth and its employees remain in a trust fund to pay for out-of-pocket costs exceeding the established limitations or to reduce employee premium shares.

Committee Categories

Business and Industry

Sponsors (5)

Last Action

Accompanied a study order, see S2693 (on 02/14/2022)

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