Bill

Bill > S644


MA S644

Relative to consumer deductibles


summary

Introduced
03/29/2021
In Committee
02/17/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to consumer deductibles. Financial Services.

AI Summary

This bill amends Chapter 176O of the General Laws to require insurers to include any cost-sharing amounts paid by or on behalf of an enrollee when calculating the enrollee's contribution to any applicable cost-sharing requirement, such as deductibles, copayments, or coinsurance. The bill also specifies that any cost-sharing reductions or benefits provided to the enrollee must be applied in full towards the enrollee's out-of-pocket costs, deductible, or similar obligation. The provisions of the bill apply to health plans entered into, amended, extended, or renewed on or after January 1, 2022, and the state's insurance commissioner is authorized to promulgate rules and regulations to implement the new requirements.

Committee Categories

Business and Industry, Health and Social Services

Sponsors (2)

Last Action

Accompanied a study order, see S2917 (on 06/09/2022)

bill text


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